As a Realtor in Spokane, WA, I have worked with a number of homebuyers who have purchased new construction homes and I’m here to tell you that not all new construction is created equal and the process can be a little more tricky than it seems! That’s why I’m here to help you avoid costly mistakes when buying new construction.
Buying a new construction home in Spokane is great for a lot of reasons — you get to choose everything from the flooring to the paint color and you get a brand-spankin-new home. However, there are some things you need to be aware of before you sign on the dotted line.
Here are 5 mistakes homebuyers make when buying new construction:
Mistake #1: Not researching the builder
Just like buying a car, you should research the builder. Check their reviews and make sure they don’t have any major lawsuits against them.
Mistake #2: Not getting everything in writing
Trust me, get everything in writing. This includes deadlines, upgrades, and promises made. You don’t want to be surprised with an unexpected bill at closing.
Mistake #3: Skipping the inspection
Hire a professional inspector to check everything, including foundation, wiring, and plumbing. B-roll footage of an inspector checking different parts of the house can be added.
Mistake #4: Not factoring in the cost of upgrades
Before falling in love with the house, determine the upgrades you want and their cost. B-roll footage of different home upgrades such as granite countertops or hardwood floors can be added.
Mistake #5: Not having your own representation or agent
Don’t rely solely on the builder’s sales representative. Hire your own agent who can protect your interests throughout the buying process. B-roll footage of a buyer’s agent working with clients can be added.
Bonus! Mistake #6: Not considering resale value
When deciding on upgrades and finishes, think about what will add value to the home in the long run. This also includes factors such as location, school district, and layout.
By avoiding these mistakes, you’ll be able to skip the common pitfalls that homebuyers face when purchasing new construction homes and can snag an amazing new home without the worry.
If you have any questions, leave them in the comments below. And if you’re thinking of buying a new construction home in Spokane, WA, and need help with the process, please reach out any time!
