Buying a new construction home in Phoenix is a whole different deal than buying one from the previous owner. In this case, you are buying the house directly from the builders of the house, which gives you a lot of negotiating power since the owners are not attached to the house.
Still, there is a variety of steps to follow when it comes to newly built houses. These are blank slates, that not always show you everything.
Here are some tips to follow when it comes to buying a new construction home in Phoenix:
Always Consult with a Real Estate Expert
It is always recommended to buy a house alongside a real estate agent that can represent you. During the buying process, it is important to have guidance on what steps to take for your home, it does not matter if its has been owned in the past, or it is a new home, real estate agents can save you from making bad decisions.
Your real estate agent may negotiate with the builder, or the real estate agent that represents the builder. It makes the negotiation of the house easier and more effective.
If The House Is Still Under construction, prepare to wait
If the house that you bought is still under construction, expect to wait a few months, to a year in order to receive it.
Always be prepared, and informed by the builder on how long it will take for you to receive the house. It is always advisable to buy a house that its already built. That way you can include home improvements or repairs into the loans.
Make sure that there isn’t any extra cost
Be informed of the state of the house. There are times in which extra costs in newly bought houses, ends up coming out of the homebuyer’s pocket. Research the house, and inspect it before you make any decision.
Ask the builders if there will be any extra costs, and check to see if they will be really expensive or not. You don’t want to be surprised, and add more money from your planned budget.
Ask to see if the home is protected with warranty
You want to make sure that you know what is covered, and what isn’t covered in the house. This can help you save a lot of money if there is any accident, or damage to the house once you buy it.
Check what type of insurances you can get for the house, and what type of warranty will cover certain aspects of your newly built home. A new construction house is usually in good shape since it’s a blank slate, and no one has lived in it. still, you want to have a whole picture of the house in your mind.
What you see isn’t always what you see.
Have the house inspected
A new construction home has usually no mistakes. Either way, you want to always make sure it is in good shape before buying it. Although you are most likely not going to find anything to fix, it is wise to know your house better.
A home inspection can help you prevent buying a house with many problems. New houses can have as much problems as old houses. As a result, you always want to make sure that you are buying the house at a fair price, and that the builders are giving you your money’s worth.
Whether you are looking to buy a new house or sell a home in Phoenix, we have all of the real estate news and information that you need here.