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Things To Consider When Buying New Construction
Dated: March 7 2015
With the real estate market bouncing back, there is a myriad of new construction projects popping up everywhere. It is important to consider that not all builders are created equally. I typically recommend to my clients to use known builders either nationally or at least regionally. The last think you want is to buy your dream home to later find out it has a lot of issues and you are not covered by a good builder‘s warranty or by a company willing to make things right for you. I have two builders I completely recommend! Cardel Homes and recently Beazer Homes. Cardel Homes is a Canadian builder that builds in Tampa Bay. During the boom of the market many builders built homes with Chinese Drywall and when the issues came out with this defective drywall, many builders let their buyers fend for themselves. For Cardel Homes, they actually only had one home with Chinese Drywall in the entire Tampa Bay area and they were quick to fix it for the homeowner. They build great homes and have great layouts. They do rounded corners, have many layout with high ceilings, tankless water heaters included in their options in many communities and such. Check this new construction home in one of Tampa’s top communities: http://janeth.michaelvaldes.com/details.php?mls=24&mlsid=T2735115.
I also have to mention Beazer Homes. I have a client that purchased a resale home about three years ago as a short sale (so not from the builder). This year he realized he had cracks in the stucco. He spoke to a neighbor that told him that Beazer was fixing the stucco job on some of the homes in the neighborhood, so he called the builder and they actually re-stucco most of the exterior of the home and painted it! So there are reputable and reliable builders out there, you just have to make sure the one you are choosing is one of them.
Also, when buying a home, make sure to use a Realtor. It is free to use a Realtor to represent you even on new construction. Many buyers think that if they can go straight to the builder they will save money. There is nothing farthest from the truth. Builders welcome Realtors and do not penalize a buyer for using an agent. In addition, a good agent can help you negotiate added benefits, up-grades, additional closing costs and help you understand the contract and the closing estimate to make sure that all is the way it was negotiated.
I also recommend to get the home inspected by a third party. It is always good to have a professional take a look at the home before you close. There are things that may be hidden to the untrained eye and may be undetected for many years.
Buying a new home should be a wonderful experience. Typically builders are willing to contribute selling concession to pay for the Buyer’s closing costs. However, there are many different ways to negotiate that and the wrong verbiage may cost you if you are not careful. I once had to take the contract back for revision three times. The way the sales associate was writing it was precluding my client of another $2000 additional in closing costs from what we had negotiated.
Good luck in your search for a home and let me know if you are in the area wanting to check out new construction. New construction is one of my specialties and I am one of the top agents at my office and a Top 1% Best of Trulia Agent based on sales volume and client reviews.
Realtor, ePro, CDPE, Lead Buyer Specialist
Michael Valdes & Associates
Keller Williams Realty
Janeth is dedicated to providing her clients with only the highest standards for customer service. She takes pride on being an expert in bringing home buyers and home sellers together throughout the T....
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