7/22/2021 0 Comments Buying New Home ConstructionBuying a new home presents many unique and exciting opportunities. New home construction is a time-honored tradition in America. Historically, new homes represent a significant investment and home buyers want to know that they are getting the best for their money. There are some things buyers of new homes should look for to ensure they are purchasing a building that will serve them well for years to come. Following is a list of ten tips to remember when buying a new home. Find out the average amount a buyer can pay for this house here. Select a real estate agent who specializes in new home construction. If you buy a house that is new or still in construction, you would better think about the builder's reputation with local real estate agents. Check out previous projects with these real estate agents. See how the properties held up in these communities. It is good if you can get an inside look at these communities to gauge the builder's track record. Make a checklist of the builders and real estate agents in your area to request an inspection. The inspector should inspect the roof, foundation, visible insulation, visible concrete, visible sidings, interior walls, doors and windows, electrical system, heating system, plumbing system, landscaping, septic system and outside garage. If you live in a cold area, request an exterior home inspection. The inspector should also inspect the exterior siding, garage door, exterior shutters, patio doors, fences and any other visible structures. Most lenders and real estate agents will not accept a new home without a full home inspection. Go to the final inspection appointment as scheduled and ask the real estate agent if the builder has any pre-approved financing programs. Be sure to ask the home inspector what type of guarantee the inspector is providing and whether it is "good" or "bad". If the warranty is bad, then buying new construction is probably not a good idea. The only way the new home inspector can give a qualified report on a new home construction is if he or she has access to all the builder's plans. Check out these utah houses for sale here. Make sure you take some time out to interview potential home builders before making your final decision. Asking questions such as: How many years have been built on this site? What type of materials have been used? Have there been any underground issues? Ask yourself the same questions before you decide on any type of new construction. Visit builder's website to get a feel for the style of building they build. Check out the builder's track record. Talk with real estate agents in the community to see if any have heard of the builders. Above all, remember that it is your investment and your future. Do your homework so you make an informed decision. This post: https://en.wikipedia.org/wiki/Real_estate_investing expounds more on this topic, check it out.
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