Are you considering buying a new construction home? Check out these factors to consider before buying a new construction home:

• Research Builders and Builders Developments

Check out the builder’s reputation by researching builder’s other completed home developments and projects. Hire a real estate agent. A real estate agent can help guide you towards builders and locations that are suitably suited to your needs.

• Put your financing in order

Depending on your income and current debt, a lender may require you to sell your current property before providing pre-approval for the construction of your new home. Speak with a financial advisor or mortgage broker at this time to see what your best options are.

• Determine your life situation between two

Work with your real estate agent to ensure your home is listed for sale at the optimal time, as well as to decide where you should live during the months of your home construction. There are many temporary housing options, including short or monthly leases, subleases.

• Find out what’s included

You will have the opportunity to ask many questions before signing on the dotted line for your new home construction.
Some of the questions you will want to ask include:
• Are there HOA or other neighborhood fees?
• What are the expected closing costs?
• What is the timeline for this development?
• What guarantees are offered on the house?
• What are the property taxes in the region?

• Make a lot of decisions

The decisions you make at this point will have a major impact on the appearance and utility of your home, as well as its final purchase price and future sale price. It is important that you make decisions that match your wants and needs, as well as decisions that do not overstretch your budget.
• Exterior details
• Additional additions
• Additional windows and window locations
• Structural additions such as decks and chimneys
• Electrical installation (lighting and plugs)
• Kitchen design (countertops, cupboards, appliances, etc.)
• Floor covering
• Ceiling height
•Construction materials
• Interior and exterior improvements
• Smart home features
• Accessories

Did you find this post helpful? Do you need a local real estate agent in Visalia CA Tulare County you can count on? Call me today for any questions.