Purchasing from a builder..
I have been a licensed real estate agent for almost 2 decades. I can't believe how much time has quickly gone by! I have learned a lot through hands on experience and I am going to share little tips with you guys on my blog.
On Saturday I took my clients to see a new build nearby. New builds are my absolute favorite because of getting to see brand-new models and getting to look at the plethora of finishes etc.! Who doesn't like to look at custom homes?
I curated a list of things you (if you decide to take a tour without your Realtor), should ask a builder upon viewing and liking a home. There are some questions in here that you probably wouldn't think about if you weren't using an agent so here goes:
What is each lot size ?
What are the premiums on each of the lots still available?
How long will building take?
When will the community be ready?
What warranties are provided with the house?
What are the standard finishes?
Can a deck, back patio or pool be included when building the home?
Will there be any community amenities?
If permitted to supply your own appliances is a credit given for exercising that option?
Is any landscaping included?
Does the contract include a cost escalation clause?
Will there be an HOA? If yes, what does it include?
Are there any financial incentives for using the builder’s preferred lender?
Taxes?
Water source for the community?
Feel free to print these out and bring with you. I suggest bringing a clip board and a pen for your tour.
Happy house hunting!
xo,
Mimi
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