HOME FINDER       

        PRE CONSTRUCTION

If you are interested, this is a general discussion about pre- constuction and  'all'  types of new construction.

                             SOME GOOD RULES

Use a REAL ESTATE AGENT. When buyers use a developers sales agent to represent them, it is like using the owner of a resale home to advise you on buying their home. Sorry, but a buyer should be 'represented'  by an agent who is a  fiduciary representative to them. Developers  require  that your  agent accompany you the first time you visit a sales center.

Select a GOOD DEVELOPER.  Obtain  some references  for the developers and  investigate  their projects.    

KNOW the FACTS.  Obtain  references  for developers and investigate their work. The model homes are usually upgraded with many extras. Do not confuse  base price  with the  higher price for the models. Craftsmanship comes in several grades from poor to excellent. Do not pay for  excellent  and receive poor  for example. Do not be  suprised  by Property Taxes that developers have underestimated. Research what taxes are likely to be. The same goes for  Association Fees.  What will surrounding areas be like. Check with planning departments. This illustrates some of the issues surrounding 'know the facts'.

KNOW your NEW NEIGHBORS. Find out about investor purchased homes in the area of the development. Some developers try to restrict purchase of homes by  speculators who  intend to  resell at completion. Or who intend to make a rental out of the home. Inquire about percentages of owner occupied for the development.

KEEP  TRACK  of YOUR NEW HOME.  Check and review  the activities and work during the construction process.  Be  sure to receive copies of  blueprints, floor plans and surveys. Review builders warranties on structure, and physical plant.

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