When you've decided that the time is right to invest in a new home, you may be thinking about actually buying a brand-new home, as in new construction. If so, you must understand that buying new construction can be a little bit different than buying a home from someone who has been living in it for the last decade. If you're thinking about checking out some of the new construction homes for sale, you should familiarize yourself with these differences. Here's a look at some of the things that you need to know.
Pre-Built Or Pending Construction
One of the first decisions you'll have to make when you decide to buy new construction is whether you want to buy a home that's already been built or one that's pending construction. This is a more important decision than you might think.
For example, if you buy a home that construction is already finished on, you will be able to close on the sale and move in sooner than if you're waiting for construction. Further, you'll know exactly what you're getting because you can tour the home as it is, which eliminates any potential surprises.
However, when you opt for one that's pending construction, it gives you the freedom to customize things so that you can bring your vision to life. You may have only certain floor plans that you can choose from, but you'll have the ability to customize many of the aesthetic features and other components.
Any time you buy a new construction home, it's important to look for one that comes with a post-construction warranty. This warranty is usually for the first six months or year that you own the home, and it covers a variety of different issues that could arise.
Whether there's a problem with the finish on the floors, chipping paint, or something that's suffered damage due to improper installation, you can reach out to the builder and have many of these issues corrected free of charge with a post-construction warranty.
Ask your real estate agent about builders that offer these warranties before you decide to buy any new construction home.
These are two of the most significant considerations when you're looking to buy a new construction home. Reach out to a real estate agent in your area today for more information about the new construction homes that are on the market where you live.Share