An important decision you may have to make during the home buying process is deciding whether to purchase an existing house or to have one built. If you decide to go with having one built, your real estate agent can be a powerful person to have on your team, as he or she can help you negotiate upgrades, a move-in date and other miscellaneous terms with your builder.
Finding the right builder can be an overwhelming task. Start by deciding which architectural styles appeal to you, then search for home builders in your area who specialize in those particular styles. You absolutely must do your research prior to hiring a builder. Ask friends for referrals, verify the builder’s licenses and make sure they are certified by the National Association of Home Builders.
Be sure to hire a real estate agent who is knowledgeable and experienced in new home construction, so that he or she can help you go through all the paperwork and information involved and answer any questions you may have. A good real estate agent will have your best interests in mind when going through the builder’s contract, which may contain a lot of legal jargon.
Work closely with your real estate agent to know when market conditions are just right for you to strike up a good deal with a builder. Keep your eyes open for builder close-out sales. Builders usually start promoting these events when a new subdivision is almost completed but still has empty inventory remaining.
Lastly, be very careful to review every detail in the builder’s contract before signing it. Again, your real estate agent should be able to explain everything to you and help you understand the points that are unclear.
If you are planning to build a home, let The Incorvaia Team make the process as easy as possible for you. Call us at 440-879-7130 today!
