When you're buying a property, you want the real estate transaction to go smoothly. That's not always how things work, but it is possible if you plan well in advance.
If you're buying a home that is new construction, you get the benefit of choosing different things about it. However, it can get delayed, or you might find something isn't up to the standard you expected. To make the transition from buyer to homeowner smoother, there are a couple tips to follow.
1. Get some independent representation
Before you choose to sign a contract or work with a builder, it's a good idea to hire an independent attorney or agent who can protect your interests. You don't want to work with the other party's agent alone because this person is working toward the other party's best interests. Avoid trouble by having someone you know looking out for you.
2. Always get an inspection
You should always get an inspection before signing off on a purchase, even if the home is a new build. You might not think it's important if the home is new, but the reality is that faults and mistakes happen, even when the property is brand new. Catch dangerous mistakes well in advance by having an ASHI-certified inspector come to the home. This could end up saving you thousands of dollars in repairs later on.
These are just two ways to help yourself during the home-buying process. Always keep in mind that you want to protect your interests first, and don't let the excitement of buying ruin your financial security.