FAQ’s About Buying a Newly Constructed Home

One of the most exciting milestones in a person’s life is when they purchase a home. Some people get so caught up in all of the excitement that they forget to ask the important questions. This is especially the case when the home is a newly constructed home because people have a tendency to believe that everything is brand new and ready to go. However, there are still important things that must be taken into consideration before you buy the new construction home to make sure this investment is the right decision for you and your family.

Many people who are purchasing newly constructed homes have only seen the model home in the development. The builder is going to entice you into purchasing the home by showing you the nicest model, but that model is usually a much nicer than the base model. This is a similar situation to purchasing a car, where you test drive the high end, expensive model but the base has far fewer features. It is important to ask the builder what the home comes with completely standard and then inquire about how much it will cost to upgrade some of those features to what you saw in the model home.

It is also important that you inquire about any warranties on the new home. A lot of times, there is a workmanship warranty and a structural warranty available. Just like any other warranty, it is important to know exactly what is covered and how long you have coverage for. Purchasing a home is a major investment and you may want to speak with other people in the neighborhood who have already built a home to determine the reliability and the level of satisfaction these customers have with the builder. If you have questions about purchasing a home, contact an experienced real estate attorney who can assist you.

If you require experienced legal representation for any of your residential and commercial real estate, bankruptcy, or family law matters, contact the Mark Scollar Law Office today to schedule a consultation.