9 Steps for Buying New Construction
Buying a new home is an exciting option, but it also involves more steps and decisions than most existing-home transactions. Your new home buying experience can be more successful and enjoyable if someone is looking out for your best interests.
Builders and their sales representatives are searching for buyers to purchase their product, but only an accredited Realtor, like The Spear Realty Group, will act as your fiduciary providing advice and guidance on:
Our agents are familiar with local builders’ reputations and can help you make a superior choice.
Builders aren’t obligated to show you every new home they have for sale, much less other builders’ homes. But our agents can help you see the full range of new and existing homes.
The Spear Realty Group can alert you when a builder’s deal seems one-sided and advise when legal counsel is needed.
Our agents are familiar with required and optional property disclosures and can help you obtain these from a builder. If issues arise, we can counsel you on the next steps.
Upgrades are most likely to improve your home’s resale value and we can guide you on making sure your home’s price doesn’t exceed its appraised value.
New homes are examined for compliance with building codes. However, our agents can help arrange independent inspections, providing another level of confidence that any problems will be spotted and resolved.
Our team is familiar with a wide range of mortgage options and can advise you on the merits of a builder’s options (if financing is offered) or suggest other lending sources.
The Spear Realty Group can alert you to issues that may not be addressed, including title insurance and protection against mechanics’ liens.
Sale of Existing Home
If you also need to sell your current home, you’ll appreciate having someone representing your interests and coordinating details on both sides of your transaction.