Avoid These Costly Mistakes when Buying New Construction

Buying new construction may be the path you have chosen to achieve your dream home. While the benefits are endless, there are a lot of things to take into consideration. Making certain mistakes can cost you hundreds of thousands of dollars and years worth of your time.

So what mistakes should you avoid making?

Below are the three most common mistakes people make when buying or building a new construction home.

1. Not Doing Your Research on the Lot

When you buy a new construction home, the land it’s built on is just as important as the house itself. You want to make sure that the lot you choose fits all of your needs. The last thing you want is to be stuck with a home that’s built on a small lot in the middle of nowhere. Do your research and pick a location that you love.

2. Not Keeping Your Budget in Mind

One of the biggest mistakes people make when buying new construction is not keeping their budget in mind. There are a lot of things that can quickly add up, such as upgrades and fees. Make sure you have a clear idea of what you can and cannot afford before making any decisions.

3. Picking the Wrong Builder

Not all builders are created equal. Some will offer more flexibility than others, some will have better customer service, and some will be more expensive. Do your research and pick a builder that you feel comfortable with. This is one of the most important decisions you’ll make.

Avoiding these mistakes will put you on the path to success when buying or building new construction. Just take your time, do your research, and pick the right option for you.

If you need more guidance on the process of buying and building new construction, don’t hesitate to contact us at The Mendel Group.