You may not want to purchase new construction alone. Palm Beach, Martin, and St Lucie County new construction real estate contracts are written on contracts provided by the builders. Put the power of 40,000+ Licensed Local Realtors behind you when purchasing new construction South Florida in Palm Beach, Martin, and St Lucie County.
We can support you during the negotiation on all new construction South Florida in Palm Beach, Martin, and St. Lucie County new construction for no extra charge. In fact, when you purchase a new home with the Thom and Rory Team, you will have the backing of experienced new construction South Florida in Palm Beach, Martin, and St Lucie County experts to guide you through the entire process.
CHOOSE YOUR NEW CONSTRUCTION SOUTH FLORIDA COUNTY
Buying New Construction South Florida Tips
Acquiring a freshly constructed home is similar to purchasing a previously owned property, but there are several key differences. The following are the six most important procedures to take when buying new construction South Florida:
Obtain your pre-approval paperwork
You are not limited to that one lending choice after you receive your preapproval letter for new construction South Florida. If you locate a more attractive alternative, you can still get a loan from a different lender. Although some builders will provide their own lender to finance your home, it is always a good idea to do some alternative shopping around.
Engage the services of a real estate agent
Hire a Realtor if you're not sure if you want a new construction South Florida home and are still evaluating previously owned properties, or if you just want someone to look out for your best interests. You should double-check that the builder will cover the buyer's agent cost; they will very certainly do so as they recognize the opportunity of many more future sales with no increased advertising costs.
When it comes to buying production or semi-custom homes, where you'll be negotiating with a builder's sales representative, a real estate agent is invaluable. If you're working with a custom home builder, you might wish to skip this phase, but an agent with new construction South Florida building experience can help with negotiations on financial specifics, timeframes, and other contractual concerns.
Determine your timeline
The more custom your house is, the less likely of a dependable timeline to finish or complete the construction. This will create a ripple effect if you’re trying to get your current home sold and need to get alternative living considerations worked out prior to that sale and the completion of the new home. You’ll have to work with the lender, your Realtor, and builder to see the way to manage matters because you can’t close on the house loan until you're ready to move in.
Investigate neighborhoods and builders
Builders can range from locally-owned companies to major national corporations, and there are lots of ways to seek out information about their past new construction South Florida projects, inclusive of online reviews and BBB or Better Business Bureau ratings. It is ideal to drive around the neighborhoods that attract and interest you, have a look at the available resident amenities, refer to current homeowners and review the homeowner’s association summary of rules and costs.
Discuss, evaluate, and examine all your options
Before you agree on a final sale price, it's a good practice to review all of your options when considering new construction. For custom and semi-custom homes, you will be confronted with many choices of interior and exterior items to contemplate, from the kind of roof and siding to the scale and style of the kitchen to many types of flooring choices, the alternatives for production homes are far more limited but will still affect the ultimate price.
Arrangement of inspections
The builder will be supervising and organizing inspections throughout the home building process. You’ll want to get your own independent inspector to make certain everything is constructed as promised, product installation is safe and in good working order. Also, take care to review your new construction home warranties so you recognize what the coverage is and for the length of time.