If you are like many home buyers in Forsyth County and the surrounding areas, you may be considering purchasing a newly built home in a swim/tennis community. Before you make your decision, there are a few things you need to remember.
1. DO NOT SETTLE FOR THE LIST PRICE. New home sales have dropped in the past year. Builders are sitting on homes that they need to sell. Negotiate!
2. USE A LENDER YOU TRUST. Builders will often offer to pay closing costs with a preferred lender. Many times I see a buyer fall for this, then end up paying a higher interest rate in the end. Bottom line on obtaining a mortgage: Use a lender you trust.
3. PAY FOR AN INSPECTION. Just because it's a new home, does not mean there are no construction errors along the way. A multiple stage inspection is ideal: Foundation, Framing & Final. Any major problems need to be presented to the builder & resolved. This will also give you an idea of how your builder will respond during the Warranty Period, after you've moved in. (By the way, make sure the builder offers a Warranty!).
4. ASK THE NEIGHBORS. Don't be shy....ask homeowner's in the neighborhood how the builder rates. This is one of the best ways to find out your builder's reputation.
5. BRING YOUR OWN REALTOR. The on-site agent at the community represents the builder. Bring your own Realtor to represent you. It's the wisest decision you will make.
Please consider our team at
Vanderhoff Real Estate to help you succeed in your next Real Estate transaction!
