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Real Estate

5 New Homebuying Tips

These five tips will help you navigate the new home sales process. Article by Forest Balderson

Hidden Creek at Lakewood Ranch, Florida
Hidden Creek at Lakewood Ranch, Florida (MoneyshotSRQ)

1. Research the builder: Before purchasing a new construction home, thoroughly research the builder's reputation and track record. Look for reviews, testimonials, and any past projects they have completed. This will give you an idea of their quality of work and customer satisfaction.

2. Understand the warranty: New construction homes typically come with a warranty, but it's important to understand what it covers and for how long. Read the warranty thoroughly and ask questions to ensure you are aware of any limitations or exclusions.

3. Visit the model home: Builders often have model homes that showcase the design, layout, and finishes of the new construction homes they offer. Take the time to visit the model home and carefully examine the craftsmanship, materials used, and overall design. This will help you determine if the builder's style and quality meet your wants and needs.

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4. Understand the timeline: New construction homes can take several months or even years to complete, depending on the size and complexity of the project. Make sure you have a clear understanding of the estimated timeline for completion and any potential delays that may arise. This will help you plan your move-in date and avoid any unexpected inconveniences.

5. Negotiate and review the contract: Just like buying a resale home, it's important to negotiate and review the contract when purchasing a new construction home. Pay attention to details such as the purchase price, upgrades, closing costs, and any contingencies.

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Forest Balderson is the sales manager for Hidden Creek at Lakewood Ranch, Florida. To learn more, call (941) 549-4010 or visit ForestBalderson.com.

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