Buying a Newly Built Home? Here’s Some Tips.

New construction is a ton of first time home buyers go to solution, due to the lack of inventory already existing. But when you decide to take that action of buying a newly built home, there are many extra steps you must take to make sure that this house is ready to be a home!

1. Be Sure To Hire An Inspector

A home inspector will do everything in your best interest, making sure that everything is up to your passing grade. When buying a brand new home, plan to have between 1-3 inspections, depending on how you feel. These inspections usually run with the first one being the foundation inspection, the second one being the pre-drywall inspection, and of course, there’s the final inspection which takes place.

These inspections are extremely important because the inspector will usually find something that the builder had missed. If you can, try to attend the inspection so that you can bring any questions you may have. It is your house, so try to be there!

2. Have Good Communication With Your Builder

The pre-construction meeting consists of going over the details of your home with the project manager and making sure nothing is wrong with the layout. When you’re at this pre-construction meeting, try to establish a line of communication. For example, having weekly updates every Friday afternoon on how the house is going would keep you up to date. Especially if the builder sent you images as well! Be sure to form a relationship with your builder so that you can receive updates, and all your questions can be answered.

3. Check For Builder’s Incentives

On the good side, you’re buying a brand new home and you can customize it however you want by adding anything just about anywhere! But don’t forget…. everything costs MONEY. Prices start to add up faster than you think.

But some builders actually offer incentives that can help bring your payment down when it’s time to check out the price for that home. So be sure to check those out!

4. Plan Extra Time Into The Home Process

Nothing is ever “on time”…. and there will always be something that delays your closing. For example, weather cannot be controlled by anyone or anything, so be sure to have an open mind and understand that things do happen but it’s okay! We all know that Florida loves random rain here and there, so remember, things happen but your home will be complete!

Always do what most builders do and have a 1-2 week gap added into your timeline. Especially if you are selling your current home!

5. Visit The Site As Much As You Can

As it was mentioned above, be sure to schedule time with your builder to come by and check out the progress yourself! You have to have the motivation to see your home from start to finish… it truly is incredible! Being there often also ensures that anything you see that is wrong with the house can be fixed immediately. Taking pictures will also help you go back when you leave the house and take your time looking at every detail you took pictures of.

The Bottom Line

Watching your future home come to life is an amazing experience that can sometimes come with little troubles here and there… But there are ways to avoid them! Just follow those tips and you’ll be organized and ready for anything that comes your way!

Considering Moving to Denver?

Located at the base of the Rocky Mountains, Denver, Colorado has plenty to offer outdoor enthusiasts. From breathtaking scenery to year-round activities, it’s a desirable place to call home.

But, how can you find the perfect home in Denver, Colorado? What should you consider?

Let’s take a look!

Line Up Your Priorities

Before you begin house-hunting, sit down and make a list. What do you see in your perfect home? What do you need? Prioritize them in a list. Set a budget here as well. Assess your finances and figure out what is affordable for you. Be realistic. It’s also a good idea to get pre-approved for a mortgage before you seek out viewings. This can help you plan. It further will prevent any disappoint or delays in placing an offer in for your deemed perfect home.

Consider Your Location

Denver, Colorado is a decently-sized city. It covers over 400 square kilometers and is home to more than 700 000 people. Do your research on the neighborhoods. Would you rather suburbia or downtown living? Or are you more of a country person? Scout out the neighborhoods that suit your ideal. But again, the price comes into play here. You will pay more for downtown and more central locations. Think back to your priorities – what do you need? Consider amenities close by, transportation routes, school locations, and recreational opportunities.

Take into Account the Size of Your Home

Do you need a big space? How many bedrooms do you need? This will narrow down your search for that perfect home. If you don’t necessarily need that 5 bedrooms, 3 bath house right now or in the next 5 years, maybe reconsider your ideal. The space may go unused – is it worth it?

Be Willing to Compromise

Perfect is hard to find. But you can get close to it! So, that one home only has 2 bathrooms. Think about it: You could potentially add another bathroom in during the next few years. It could potentially become your perfect home. Renovations are sometimes necessary – especially if you really want to strive for your ideal. Be willing to compromise the low hanging fruit on your priority list. That finished basement – you could get to it in years to come. If a home has all your top priorities, it may be best to find an even ground and get it before someone else does.

Look At More Than One Home

This should be a no-brainer. But many people look at 10-15 or more homes until they find the one. Compare your options. Maybe your priority list will change as you look – and that’s okay.

When in doubt…

Think about hiring a real estate agent. They are the experts. They can give you the lowdown on what you need to know – especially about specific areas, pricing, and what you can get for your budget. Seek out one in the Denver, Colorado area. Find your perfect home, today.