New Construction Homes for Sale in North Scottsdale
Top Things to Know When Buying a New Construction House
With the ongoing shortage of good inventory many buyers are considering buying a brand new home.
Purchasing a new construction house can be an exciting and rewarding experience. You get to choose the floor plan, finishes, and features that will make your dream home a reality. However, buying a new construction home is different from buying an existing one. There are a few things you should know before making your purchase to ensure that the process runs smoothly. In this blog post, we will explore the top 5 things to know when buying a new construction house.
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Research All of the Builders
Researching your builder is an important step in the home buying process. You want to make sure that you are working with a reputable and skilled builder who will deliver a high-quality home. Look for reviews and ratings online, ask for references, and visit other communities built by the same builder to get an idea of what you can expect.
Understand the Building Process
Before you commit to buying a new construction house, make sure you understand the building process. Ask your agent (me) and we will nail down timelines , what stages of construction you will be able to see ( I will shoot an ongoing HD storyboard video and drone throughout the year for you to see progress), and when you can expect to move-in. Understanding the building process will help you set expectations and avoid any surprises along the way. I sold new homes for a few years selling out a few subdivisions so I know the process backwards and forwards and that means more peace of mind for you and get a delivered product that is tip top top to bottom.
Be Involved in the Design Process
One of the biggest advantages of buying a new construction house is that you have the opportunity to customize your home. Take advantage of this by being involved in the design process. Meet with your builder and design team to choose finishes, fixtures, and features that suit your style and needs. Make sure you understand any extra costs associated with upgrades or changes so that you can stay within your budget.
Take a Close Look at the Contract
Before you sign a contract, make sure you read it carefully. Review all the details, including the price, timeline, and any contingencies or warranties. If there is anything you don’t understand, ask your builder or an attorney to explain it to you. Don’t be afraid to negotiate terms that are important to you, such as deadlines or quality standards.
Prepare for the Closing Process
The process of closing on a new construction house can be different from closing on an existing home. Make sure you understand the requirements and timeline for closing, including any inspections, appraisals, and final walkthroughs. Ask your builder what you need to bring to the closing, such as proof of insurance or identification, and be prepared to wire transfer or bring a cashier’s check for the down payment and closing costs.
Buying a new construction house can be a fantastic experience, but it’s important to do your homework. Research your builder, understand the building process, be involved in the design process, review the contract, and prepare for closing. By following these tips, you can ensure that your new home is not only beautiful but built to last. Happy house hunting!
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