Buying a New Construction Home Shouldn’t Be Scary…and Here’s Why
Just driving around the valley I am sure you have noticed all the new homes being constructed-- just waiting for you and your family to call home. There are a few things you need to know about buying a new built. Some good and some bad-- but if you know what you are getting into and you have dome all your research, brought a REALTOR to view the homes before you pick the one you would like to buy and you’ve weighed all the options and decided a new
construction home is right for you. Now you want to find the perfect builder
for your dream home.
Congratulations! It’s a great undertaking – and a great
reward – to walk into you own brand new house and make it home. The process to
get from meeting builders to that moment can be stressful which is why we
recommend working with a real estate agent.
The good news is that you don’t have to deal with
negotiating with a seller like you might with a previously owned home. The Most Important Step you can take is having your REALTOR go with you at the first viewing of the show homes, and don't sign in without them. Doing so is waiving your rights to be represented...As nice as the agents in the new build are--they are representing the builder, and have no fiduciary to you. that is the easiest way to be sure the project goes smoothly! At Beery
Realty we think buying a new construction home shouldn’t be scary.
· Research Builders.
You’ve decided to build a home from the ground up, it’s essential to learn
about the builders before selecting one. Working with a real estate agent who
is familiar with new construction, you can identify reliable builders in the
area and select one that best meets your needs.
· Real Estate Agent. Bring a real estate agent with you to
your initial visit at the builder’s location. If you don’t, you risk not being
able to have an agent with you for the home building and buying
process. That may seem not very important, but think about it, do you want
the builder's agent to represent your interest, or do you want someone on your
side? I know I would want someone on my side concerned for what is best
for me.
· Negotiating.
There’s a fair amount of negotiating that happens when you’re working with a
builder. An experienced real estate agent, like Beery Realty, can help you
negotiate a fair price for the base home plus upgrades. I recommend selecting
the essentials for your home first, then upgrades. You will have a better
understanding of costs and your budget. Remember, you still have to furnish and
add personal touches to the home after it’s built so you don’t want to spend
all of your house savings on the build.
· Get it in writing.
Once you’ve negotiated a contract with a builder, get the agreement in writing.
There’s way too much risk to build a home from a handshake deal or a promise to
send a contract later. If the builder won’t put your deal in writing, walk
away. There’s a better builder out there for you.
· Inspection.
When you build a home, you have the unique opportunity to inspect the home at
various levels of construction. Be sure the builder understands and allows this
to happen. Have an inspection of the home completed after the foundation is
poured, after framing is completed (and before the drywall goes up), before
cabinetry is installed, and a final inspection. This will protect your asset
and ensure your home is built to code.
If you’re ready to start the process of building your
own home, the team at Beery Realty is here to help! If you want more information--Contact me at 480-570-1912 BeeryRealty@gmail.com or go to my website at www.AzBuysHomes.com