Buying a new construction home is like diving into a world of possibilities and dreams, but if you don't know the possible pitfalls, it could mean a lot of heartache.
But we're here to help you navigate this exciting yet intricate journey. So, what do you need to watch out for when stepping into the realm of new builds? Let’s break it down.
Don’t hop into a deal without vetting the builder. Not all builders are cut from the same cloth. Take a moment to Google, read reviews, chat with previous buyers, and snoop around for any red flags like legal disputes or complaints.
A builder with a rock-solid rep is your ticket to a safer investment.
Builders might not budge on the price, but they’re wizards when it comes to incentives. Think mortgage rate buy-downs or rate locks.
Picture this: you’re in a lease about to expire or selling your current place, and your new home is still a blueprint. Yikes! Always pad the timeline for potential delays—bad weather, permit hiccups, or failed inspections can mess things up.
Have a backup plan to save yourself from moving chaos.
Don’t expect to choose every doorknob or layout unless it’s explicitly offered. Plus, upgrades are tempting, but they’re not freebies! Plan your budget wisely and stick to it. Fancy outdoor kitchens and bathroom saunas might make your heart flutter, but they’ll also make your wallet lighter.
The whole community matters. Ask about the bigger picture—schools, stores, healthcare nearby. Knowing when these services pop up is crucial. You don’t want to move into your dream house only to realize the neighborhood's still a construction site.
That purchase agreement is no joke. Read, understand, and if something’s fishy, don’t sign. Having an experienced real estate agent by your side can be a game-changer.
Yes, even for new-construction homes. An inspector can catch sneaky issues invisible to the untrained eye, saving you headaches down the road.
But here’s the catch: know what it covers! Different builders, different time frames. Educate yourself before waving that warranty in the air.
Buying new construction is a thrilling ride, but it's a land of surprises. Navigate wisely, and you’ll turn that dream into a solid reality!
Company NMLS: 1929983
Individual NMLS: 194398
www.nmlsconsumeraccess.org
Regulated by the Colorado Division of Real Estate.
1050 Tamarac Parkway
West Wing Suite
Woodland Park, CO 80863
Phone: (719) 205-0776
Town & Country residential lending strives to ensure that its services are accessible to people with disabilities. Town & Country residential lending has invested a significant amount of resources to help ensure that its website is made easier to use and more accessible for people with disabilities, with the strong belief that every person has the right to live with dignity, equality, comfort and independence.
Town & Country residential lending makes available the UserWay Website Accessibility Widget that is powered by a dedicated accessibility server. The software allows TnCLending.com to improve its compliance with the Web Content Accessibility Guidelines (WCAG 2.1).
The Town & Country residential lending accessibility menu can be enabled by clicking the accessibility menu icon that appears on the corner on the page. After triggering the accessibility menu, please wait a moment for the accessibility menu to load in its entirety.
Town & Country residential lending continues its efforts to constantly improve the accessibility of its site and services in the belief that it is our collective moral obligation to allow seamless, accessible and unhindered use also for those of us with disabilities.
Despite our efforts to make all pages and content on Town & Country residential lending website fully accessible, some content may not have yet been fully adapted to the strictest accessibility standards. This may be a result of not having found or identified the most appropriate technological solution.
If you are experiencing difficulty with any content on Town & Country residential lending website or require assistance with any part of our site, please contact us during normal business hours as detailed below and we will be happy to assist.
If you wish to report an accessibility issue, have any questions or need assistance, please contact us by sending an email to: Dave@tnclending.com
Powered By LenderHomePage.com
Town & Country residential lending strives to ensure that its services are accessible to people with disabilities. Town & Country residential lending has invested a significant amount of resources to help ensure that its website is made easier to use and more accessible for people with disabilities, with the strong belief that every person has the right to live with dignity, equality, comfort and independence.
Town & Country residential lending makes available the UserWay Website Accessibility Widget that is powered by a dedicated accessibility server. The software allows TnCLending.com to improve its compliance with the Web Content Accessibility Guidelines (WCAG 2.1).
Town & Country residential lending accessibility menu can be enabled by clicking the accessibility menu icon that appears on the corner on the page. After triggering the accessibility menu, please wait a moment for the accessibility menu to load in its entirety.
Town & Country residential lending continues its efforts to constantly improve the accessibility of its site and services in the belief that it is our collective moral obligation to allow seamless, accessible and unhindered use also for those of us with disabilities.
Despite our efforts to make all pages and content on Town & Country residential lending website fully accessible, some content may not have yet been fully adapted to the strictest accessibility standards. This may be a result of not having found or identified the most appropriate technological solution.
If you are experiencing difficulty with any content on Town & Country residential lending website or require assistance with any part of our site, please contact us during normal business hours as detailed below and we will be happy to assist.
If you wish to report an accessibility issue, have any questions or need assistance, please contact us by sending an email to: Dave@tnclending.com