11 New Construction Home Buying Tips: How To Buy a New House

Abstract

The feedback we received was incredibly gratifying, overwhelming, and unexpected! We received a question from one of our readers, Jerry, regarding how buying an existing home compares to buying a new construction home, asking for both the similarities and differences. So without further ado, here is a guide to follow when buying new construction! Educate Yourself on the New Home Buying Process You'll probably notice from our infographic that the first 3 steps are the same in the new construction home buying process. For new construction, this article rings true because chances are the pictures you're looking at are of a home that hasn't even been built yet! So if you're buying a home that hasn't been built, what's the most important next step? Research the Builder when Buying New Construction Homes! Raleigh's new construction is different than new construction in other parts of the country. Researching the best new home builders and new home communities in the area is not the most fun. What's Covered In A New Construction Home Warranty? So you're almost ready to pull the trigger on a new home and you're wondering what's covered in the warranty. FAQ on New Construction Can you Negotiate on New Construction Homes? Yes, you can negotiate on new construction homes - you're far better off negotiating for 'things' than for money off the purchase price. How Much Money do I Put Down on a New Construction Home? There is a builder deposit that you will put down on your new construction home.