Are you considering purchasing a new build? While new construction homes can seem like a stress-free choice compared to buying an older home, many buyers make mistakes that could lead to costly problems later. In this video, we’ll cover 5 critical mistakes to avoid when buying a new build so you can make a smarter, more informed decision.
Here are the 5 Mistakes to Avoid when buying a new build:
1️⃣ Not Having Your Own Representation:
The builder’s office works for the builder, not you. Hiring a real estate agent to represent your interests can ensure you get the best deal and avoid common pitfalls.
2️⃣ Not Researching Your Builder:
It’s not just about the home-it’s about the builder’s reputation. Make sure you research your builder’s reviews and track record to ensure they’re reliable and known for quality craftsmanship.
3️⃣ Getting All the Builder Upgrades:
Upgrades can add significant costs. Some upgrades can be done later, after closing, at a more cost-effective price. Always assess if it's worth upgrading during the build or if you can save by waiting.
4️⃣ Skipping the Inspection:
Even new homes require an inspection. A thorough inspection can uncover hidden issues that may not be apparent to the untrained eye, saving you time and money down the road.
5️⃣ Not Accounting for Construction Delays:
Timelines for new builds can change unexpectedly. It’s important to prepare for potential delays and have a backup plan in case your home isn’t completed on schedule.
✨Bonus Tip: Be proactive throughout the process-ask the right questions and stay in constant communication with your builder to avoid surprises.
If you're looking to buy a new build in Colorado or need expert guidance on the home-buying process, feel free to contact me. I can help you navigate the market and avoid these common mistakes.
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