Your dream home can become a reality through new construction. When you build a home, you're able to customize it to be exactly how you want it. From the large features like floorplans to the tiny details like tile, you get to choose.
But building new construction homes isn't always an easy process. And future homeowners should never go into the process without having some background on the process.
Before buying a home and building it, there are a few things you should know. These are the three essentials of buying a new house.
1. Have Your Home Inspected
New homes don't mean they're devoid of all issues. New construction homes can have structural issues and costly mistakes, just like older homes. To ensure the home is in good condition, be sure to have it inspected.
Before closing on the property, have a licensed professional look at the home and inspect it for potential issues. Homebuilders often have city and county inspections as well as third-party inspections.
However, it's still a good idea to hire your own licensed inspector to look at the property to ensure safety and that the home meets all necessary codes.
2. Ask Your Contractor Questions
If you're building a new construction home, it's important to have a close, professional relationship with your contractor. Asking your contractor questions will ensure you're informed throughout the process.
Before building, ask about their other projects and what other properties they have sold. Establish a point of contact during the building process. Ask about included features and what are considered upgrades.
At this time, it's also important to ask about a timeline and how long the project may take to complete. You may also want to know about potential issues that may lengthen the timeline.
New construction can be a great way of investing in real estate. In this case, a timeline is of the utmost importance.
3. Understand Model vs. Base
During the new construction buying process, you'll probably tour a model home. It's important to note that the model isn't always the standard. Think of models more as showrooms rather than the starting point for buying homes.
This often means that the base price won't include some of the features, details, and upgrades shown in the model.
If you're a real estate investor in San Francisco, this is essential because you'll want to know how much you have to spend to create the stylish home you're after.
Buying New Construction Homes
Homeownership is exciting. Buying new construction is one of the best ways to create your dream home. Before you start, make sure to keep these essential things in mind.
The home-buying process can be challenging, especially when it comes to new construction homes. Being prepared ensures the process will move smoothly from start to finish.
Are you ready to buy your dream home? Using PMI San Francisco services leads to a more successful home-buying experience. Get in touch with PMI San Francisco today to choose the perfect buyer's agent for you.
