It's easy to fall in love with a newly constructed home. The thought of
moving into a brand new house with crisply painted walls and clean new carpet is a real
plus for many homeowners. But, before you make the trip into the first subdivision or
model home, there are some important things you should know about buying a home that has
just been built, is under construction, or is to be built from a model plan. Here are some
questions and answers you may have about buying a newly constructed home.
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1 "Won't it cost
me more to use The Buyer's Agentsm?" No.
Most builders realize the value of working with real estate agents and build the standard
real estate commission into the price of new homes. Our experience dealing with builders
can help save you money.
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| 2 "Can we
start looking and then call you when we're ready to buy?" Unfortunately not. Once you have visited a model home in a
sub-division, a builder can claim that he or she was the first to show the properties and
refuse to let you have representation "after the fact". To be sure that your
interests are protected, call us before you start looking.
3 "Can't we get a lower price if we buy directly from the
builder?"
Probably not. Builders rarely discount the
price of a new home when dealing directly with a buyer. Our agents are trained to
negotiate with builders not only for the best price, but also for the best possible terms
and conditions.
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4 "Do new
homes need to be inspected?"
Yes. Even new homes can have hidden defects
that only a professional can detect.
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5 "Aren't
we protected by the fact that new homes are built from professionally designed
plans?"
Not necessarily. Most new homes are built
from a model plan purchased by the builder. Even a slight alteration of the building plan
can have serious ramifications.
6 "Don't we have to select carpet, light fixtures and
appliances from the builder's selections?"
Not always. While some builders will pass
along discounts to their customers, many steer buyers to suppliers that provide
rebates or incentives to the builder. Often, we can help you find better prices or larger
selections elsewhere.
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7 "Can a
builder find a better deal on a mortgage or require us to use a certain lender, title
company or insurance agent?" Absolutely
not. You always have the right to select your own service providers. Sometimes builders
will encourage buyers to use certain providers because they offer premiums for referrals.
The cost of these premiums is typically added to the cost of the service, which ultimately
means you pay for it. |
| 8 "If
we deal directly with the builder, won't our interests be protected?" No. Remember, builders are business people. They are going to be
looking out for their own interests, not yours. The only way to be certain that your best
interests are being protected is to have a written contract with an Exclusive Buyer
Broker, such as The Buyer's Agentsm. |
| At The Buyer's Agentsm, our job is to
represent you and your best interests in the purchase of a home. We will work to help you
find the right home, whether it is a previously owned home, a newly built home, or a home
you want to have built from a model plan. We are experienced in dealing with builders and developers. We visit
various subdivisions on a regular basis with our clients, so we are very familiar with the
quality of the homes being built, the types of sub-contractors used, and trends in the
market. Our knowledge and experience, and much more, becomes a great advantage to you when
you select The Buyer's Agentsm. |
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