"Congratulations on making the decision to become a homeowner!"
Chances are you found this article because you want to avoid making mistakes. Let me share these 7 costly mistakes you can avoid when buying a new construction home.
Mistake #1: Not Hiring a Real Estate Agent
One of the most costly mistakes you can make when buying a new construction home is not hiring a real estate agent. We help you navigate the buying process and negotiate on your behalf to get you the best possible deal. With an agent, you may avoid paying too much for your new home or making other costly mistakes.
Mistake #2: Not Understanding the Contract
Don't rush. Take your time to review the paperwork you are signing. And ask questions if you need help understanding a term in the contract.
Mistake #3: Not Understanding the Warranty
Builders offer a home warranty. But it's important to understand what is and is not covered before buying. Otherwise, you could be stuck with repair bills that you weren't expecting.
Mistake #4: Not Considering the Future
When buying a new construction home, you need to consider more than just your immediate needs. It would help if you also consider how your needs might change in the future.
For example: If you plan on starting a family, ensure the home you choose has enough bedrooms & bathrooms to accommodate your growing family.
Mistake #5: Not Understanding the HOA Documents
Read the rules and regulations of the community to avoid fines or penalties. The HOA documents tell you what you can and can't do in the community. So if you're planning to open your home auto shop in a new community, read and understand the HOA documents first.
Mistake #6: Skipping the Home Inspection
DON'T SKIP the home inspection when buying a new construction home. Just because the home is new doesn't mean it's perfect. Have an inspector look at the home before you close it to ensure no hidden problems.
Mistake #7: Skipping the Walk-Throughs
DO NOT SKIP THE WALK-THROUGHS.
Walk the home with the builder to ensure everything was done to your satisfaction. This is your chance to identify issues with the home before closing on the home.
If you want to buy a new construction home, research first.
Here is the complete New Construction Home Guide. This comprehensive guide will help you start the home search in the right direction.
Hire a Kissimmee REALTOR:
If you want to sell and buy your next home, fill out the form at the bottom of this article for a free consultation.
Thank you!
Thank you for visiting my blog. I hope you found a golden nugget of information. If you found this article helpful, share it with others.
My mission:
To guide, inform and inspire you to take the 1st step toward your best life. Buy or sell homes with confidence. -Jury Hernandez, Broker Associate
