Buying an under-construction house is like living your life with a clean slate. The house is not tainted by any owner, which gives you a satisfaction that cannot be explained. Despite what everyone says, buying a new construction house is not a hassle!
The biggest benefit of a construction house is that it’s “brand new.” The world is your oyster — you can paint the house the way you like it and even make additions to the construction because the house has not reached its final stage.
People tend to make many mistakes when buying a new construction house. The first thing you need to do is hire a Lake Mary realtor so that you don’t end up signing a contract that has loopholes and hidden clauses.
With that being said, let’s have a look at a few tips for buying a new construction house:
Research – Dive Deep
When you buy a house, you research on the neighborhood, the nearby facilities, good schools, and other things in the area. When buying a construction house, there’s one more thing that you need to add to the list: research on the builder.
Is the constructor working on the house licensed and qualified? Do they belong to a certification board from where you can verify their credibility? It’s important to know that not only was the house constructed by capable hands but quality materials were used too.
Go Over the Contract Over and Over Again
A house-buying contract is different from a construction-house buying contract. There are many things in play like the house might be protected but not the buyer. Meaning — you might not be compensated for any problem that you might face in the house. Since a construction house uses everything new, make sure to get all the warranties.
Ask If Anything Extra Is Included in the Constructions
Are you getting a “true” construction house or will it be decked out with the basics such as painted walls, tiled floors, windows and doors, curtains, lights, etc? It’s important to ask the broker what is included in the house. Some people also like to include the basic appliances in the house to get a high price. If you are offered the basic installations, then it’s possible that you might be able to voice your preferences.
Get a Home Inspection
Who said home inspection is only for already built houses? Getting the house inspected before the drywall is installed allows you to see the bones of the house. Construction is a fast-paced job and overworked workers can make mistakes. So get the house inspected at regular intervals to make sure that everything is proceeding well.
One thing buyers often do when buying a construction house is that they chose unnecessary upgrades, which do not have any impact on the value of the house. Look at the housing trends and then make a decision on the upgrades.
So do your research, consult with your realtor, and only then sign the contract. Looking for a licensed Downtown Orland realtor? Visit Megan Dowdy Realty to get in touch with a realtor. The company’s mission is to provide their clients with the best house buying experience possible. To get in touch with them, call at 407-509-9279.