New Construction Home Shopping

Shopping for a new construction home with a Realtor® involves several key steps to ensure you make an informed decision and have a smooth transaction. Here's a guide to help you through the process:

1. Select a Realtor®:

   • Choose a Realtor® with experience in new construction transactions. They should be familiar with the local market, builders, and the overall construction process. Choose anyone on our team!
   • Ask for recommendations from friends, family, or colleagues, and check online reviews to ensure you're working with a reputable Realtor®.

** VISIT ANY/ALL NEW CONSTRUCTION MODELS/SPEC HOMES WITH YOUR Realtor®! You must be registered together to have Realtor® representation 😊 **

1. Define Your Budget and Needs:

   • Determine your budget, considering not only the home's base price but also potential upgrades, taxes, and additional costs.
   • Identify your must-haves and preferences in terms of location, size, amenities, and other features.

2. Research Builders:

   • Research local builders and their reputations. Look for online reviews, visit completed projects, and inquire about their track record for quality construction and customer satisfaction.

3. Visit Model Homes:

   • Schedule visits to model homes or sales offices for the builders you're interested in. Take note of the layout, finishes, and available options.
   • Ask the builder's representative about standard features, available upgrades, and any incentives they may offer.

4. Understand the Building Process:

   • Learn about the construction timeline, from breaking ground to completion. Understand the stages of construction and when you can expect key milestones to be completed.
   • Inquire about warranties provided by the builder and any homeowner associations or community rules.

5. Review the Contract:

   • Once you've chosen a builder and a specific home design, review the contract carefully. Understand all terms, conditions, and warranties.
   • Pay attention to the payment schedule, deadlines, and the process for making changes or upgrades to the home.

6. Negotiate and Incentives:

   • Your Realtor® can help you negotiate the terms of the contract, including price, upgrades, and incentives.
   • Builders may offer promotions, discounts, or other incentives, especially if they have unsold inventory or are trying to meet sales goals.

7. Home Inspection:

   • While new homes undergo inspections during construction, it's still advisable to have an independent home inspection before closing. This can help identify any issues that may need attention.
   • Ensure that the builder addresses any concerns raised during the inspection.

8. Secure Financing:

   • Work with your Realtor® to secure financing for your new construction home. Keep in mind that the financing process for new construction can be different from buying an existing home.

9. Closing Process:

• The closing process for new construction may involve additional steps, such as a final walkthrough and inspection.
• Work closely with your Realtor®, the builder, and your mortgage lender to ensure a smooth closing.

11. Move-In and Enjoy:

• Once the closing is complete, it's time to move into your new home. Celebrate the accomplishment and settle into your new living space.

Remember that having a knowledgeable Realtor® by your side is crucial throughout the process. They can guide you, negotiate on your behalf, and ensure that your interests are protected during the purchase of your new construction home.

Click here to view our list of NEW construction (and to-be-built) homes!