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Wednesday, January 20, 2016

Four Ways to Avoid Headaches When Buying and Building a New Home

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When buying or building a new home, many things can go wrong. In order to help you avoid a catastrophe when making your move, here are the top four things you need to keep in mind:

  1. Make sure you have representation. When you walk in to the builder's model home, the sales agents inside work directly for the builder and their job is to protect the builder's interest, not yours. When you have a Realtor represent you, they can help you negotiate the best deal and the best possible terms, they can help monitor the process, and can help you by serving as an extra set of eyes looking for mistakes in the transaction.
  2. Don't over upgrade for the neighborhood you're purchasing in. The sales agents in home improvement stores and model homes are based on bonuses and commissions, so they are not looking out for your best interest. You need to avoid over upgrading for the neighborhood you're in, as you may be unable to make that money back. 
  3. Check on the progress. You don't want to get in the way of the contractor or the home builder, but it's nice to know what's going on at the job site. When you work with us, we'll drop by the job site to talk to the buyer about how progress is coming along. You want to make sure you're comfortable with your choices before the process is too far along to change them affordably. 
  4. Make a list and submit it to the contractor within 12 months. You need to get this list to the builder in writing before the 12-month period is up because there are some builders in town who will not help you after that first year has passed. 

If you have any questions about buying a new property, especially if it's new construction, please don't hesitate to reach out to us. We have a lot of experience in newer builds and would love to make the process go as smoothly as possible! We hope to hear from you soon!