For many of us, the allure of entering a brand new home is difficult to ignore. There’s just something about the fresh paint and stain-less flooring – plus, all that space for new memories to be made. What questions do you need to ask when buying a new, new home?
If you decide to go forward with the purchase of a brand new home, you could fulfill a lifelong dream. It could also, however, turn out to be a nightmare if you don’t ask the right questions and read all the fine print as you go through the transaction.
First and foremost, when purchasing a brand new home, be sure to read every line of the purchase contract. Many builders use contracts that differ from state-issued real estate agent documents, and that oftentimes will only protect the building company – not you – should something go wrong.
Also, be sure to ask lots of questions. For example, inquire as to whether or not the appliances, window treatments, etc. come with the home. Never assume that just because you see something in a display home that it will be included in the sale.
In addition, even though the home is brand new, it’s always a good idea to still have it inspected. Here again, just because the property is new, that is no guarantee that it is in perfect condition. Having a professional inspect the home can help to ensure that you are getting the quality you expect – and, if there is an issue, you may be able to get the builder to either lower the purchase price or fix the problem prior to closing.
It’s also not a bad idea to do some research on the home builder. This can help you to be sure that there haven’t been any complaints filed against them in the past – and if there have been, you can decide from there how, or if, you want to proceed.
In any case, even if you are purchasing the home from a builder, it can always help to have a real estate agent on your side. While you may not feel this is necessary, an agent will be able to work on your behalf and represent you throughout the transaction. For more information on how you can benefit by having an agent on your side, give us a call.