The thought of being the first one to live in a home is an appealing one indeed. This year, new home construction has hit record highs, and many of the area's families are wondering if a new home is right for them.
While moving into a home that hasn't been lived in is exciting, it's not without its share of risks. To avoid unpleasant and expensive surprises one can check that everything is on the up and up, ask these questions when working with a new home builder.
How Long Has the Company Been in Business?
One wouldn't leave their kids with an inexperienced babysitter, so why would one work with an unproven home builder? Today's home buyers have high expectations, so it's best to choose a builder who can meet them.
A reputable home builder such as Davidson Homes will gladly share information on their history, qualifications, and experience. They may also offer the names and locations of completed developments so one can view them in person or online.
When viewing finished homes, note the curb appeal and quality. In many cases, builders reuse design elements, so it may be possible to find a home that's like the one’s building. By learning about a builder's experience and quality standards, one will get an idea of what to expect.
Are References Available?
Along with information on their qualifications and experience, builders should also share references from buyers and contractors. According to realtimecampaign.com no matter how far the construction process has come, previous buyers' feedback is always valuable. If driving through one of the builder's communities and see a neighbor, introduce and ask a few quick questions. Builders, of course, will provide references.
What's Included and What's Extra?
If buying into a new community, there may only be a few models and pricing options available. When building a home from the ground up, buyers should evaluate their budget and be aware of what they're paying for. This plan could make homebuying in Raleigh easier.
Model home tours don’t always tell the whole story, as most of these models have the best appliances and design features that aren't always included in the base price. A new home is the investment of a lifetime for most people, and as such, it's important that buyers know what they're getting for their money.
What About Financing?
If one is buying a new home from a builder, there may be several financing options available. Buying a semi-custom, spec, or subdivision home typically comes with a similar financing process, and one will need to find a mortgage at a competitive rate. Building custom homes, however, may require a construction loan.
Ask These Questions and be a Well-Informed Buyer
New homes are big investments, and it pays to go into the process with all the information needed for a sensible decision. By asking these questions and carefully considering the answers, one will find the right builder and home model for their needs and budget.