Developers in desirable areas like south Florida are offering an array of brand-new communities with sample townhouses, single-family homes and even condos with private marinas. Some older communities have new spec homes for sale, too. So, house-hunters are encouraged to do their homework and check with their real estate professional to see what’s coming online or already for sale.
Essential Tips for Buying a New Construction Home
Hire a real estate professional, in this case Lang Realty, who’s an expert in that marketplace.
Choose your lot if the home is not already built. Some communities are so desirable, the builder may even have a lot lottery. Some lots have waterfront views on a man-made lake. Those lots are always more expensive.
Always find out what the base price includes…and doesn’t.
Expect prices and finishes to be preset, but you can always negotiate. Some builders will offer incentives to buy before the home is constructed.
All new builders offer upgrades in finishes, flooring, kitchens and cabinets, appliances, bathroom fixtures, and in south Florida swimming pools, decks and even outdoor kitchens. Upgrades are always more costly, but they can be included in your mortgage.
Expect delays. Weather and even supply issues can affect how soon your new home will be ready for you to move in.
Check reviews of builders online to see what other buyers are saying and if there are registered complaints. Your real estate professional will know the builder’s reputation.
How does buying a new construction home work?
– Every builder has a different process, and your real estate professional will step you through what’s expected. You should also check with your mortgage banker to see if there’s anything you should know about a new home transaction.
How to buy a new construction home?
– Start with identifying where you want to live and what new homes and condos are or will be available.
New construction home buying process
– There’s no one-size-fits-all. That’s why it’s so important to have a real estate professional guide you. If you’re more comfortable keeping a record, start an online or print file for everyplace you want to look.
