Buying New Construction: 3 Mistakes to Avoid
The smell of brand new carpet, the flawlessness of fresh paint, the infinite shine of untouched appliances - what’s not to love about buying new construction?
While that new-home feel is intoxicating to the senses, buying new construction can be tricky without gathering some critical intel and avoiding some serious setbacks. So you can experience all the pros and none of the pitfalls, here are three mistakes to avoid when purchasing a new construction home.
- Failing to research the area ahead of time. It’s easy to fall in love with a neighborhood and floor plan before doing your due diligence about the surrounding community. Ask around to assess what’s happening (or not happening!) in the area that may impact your home’s value down the road.
- Not thoroughly vetting your builder/developer. A builder can make or break your experience buying new construction, so make sure you do your research. And don’t just take the builder's word for it - ask for referrals, read online reviews, and talk to your agent about what they know.
- Waiving the home inspection. Heads up! New homes aren't necessarily flawless. They can have just as many problems as older homes, so don't waive the home inspection. It can alert you to things your builder overlooked or didn't properly complete.