Purchasing New Construction

Depending on your specific scenario, whether you are buying a lot to build on, tearing your current house down to build a new house, or buying a new construction in a big new neighborhood, it can be overwhelming.

 

There are many positives when you choose to buy a new home including, but not limited, to:

  1. You can choose your lot and your elevation (0ther exterior appearance of the house)  
  2. You get to choose your paint color, your flooring, your cabinets and your countertops.
  3. The roof, HVAC(s), appliances and systems are under the manufacturer’s warranties, so should a problem arise, you’re covered.
  4. You may also be able to select landscaping options! 

 

Be warned that building a new house is NOT for the faint of heart – you need to know your price limit and strongly adhere to it.  When searching in a new community, the model home offers every upgrade imaginable, so it’s highly desirable. Something to keep in mind is that every upgrade is a la carte, and may cause a delay in closing/moving/etc.

 

Something my clients have not always considered is that all decision makers must be on the same page regarding the level of finishes and the total cost. If not, a big problem arises. All parties also need to keep in mind that delays happen due to weather, availability of building materials, etc. and closings are most often delayed from the original date set in the Purchase and Sale Agreement (contract).

 

Buying new construction is not for everyone, and when you do get involved in the process it can go sideways.  The result is great… a custom home and sometimes your forever home! The Peters Company is well-versed in new construction. It would be our pleasure to help you build the home of your dreams! Give us a call at 678-921-1470.

 

Written by Dore Brooks

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