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A Coldwell Banker Roth Wehrly Graber Agent experienced in new home sales understands the nuances of purchasing a newly built home and can help guide you through all the details - so you can focus on picking out the countertop, not obtaining a countersignture.
10 Common Mistakes to Avoid When Building a New Home
#1: Not Hiring a Professional
Building a home is a complicated process. Whether it is picking an experienced home builder or hiring a REALTOR® to help you with paperwork and area information, always ask for professional assistance.
#2: Over Building for the Area
Nobody knows the local real estate market like a REALTOR®. Building your dream home for $250,000 in a neighborhood where the most expensive sold home in the last year was $200,000 might not be a great investment. Always start your new home with resale in mind. Over-customization and over building for the area are the two largest mistakes made when building a new home.
#3: Not Finding Balance Between Price and Quality
Make sure you will get good money and quality out of the materials you decide to use and upgrades you consider.
#4: Picking a Poor Location
The number one rule in real estate is location, location, location. Before you start building, take time to pick out a great location for your home.
#5: Poor Financial Planning
Before getting a loan for your home, make certain to get the proper financing in place and don’t overextend your budget.
#6: Paying Contractors Too Much Too Soon
When paying contractors, you should release the money in increments. Your lending institution will likely supervise this process closely.
#7: Failing to Consider Your Current Lifestyle
When planning the layout of your new home, you need to consider your current lifestyle in order to make certain the layout of the home will meet your needs.
#8: Failing to Consider Your Future Plans
In addition to considering your current lifestyle, you also need to consider your future plans. If you plan on expanding your family, for example, you want to make certain to plan your home accordingly.
#9: Rushing Through the Process
As you become more and more anxious about completing your home, you may feel the urge to rush through the process. Take your time and make sure everything is done correctly.
#10: Getting Too Stressed Out
Building a new home should be one of the most exciting times in your life. While you certainly need to supervise the process and make sure things are done properly, try not to let it consume your life or get you too stressed out.
Our new construction business is larger than most other real estate companies in the area; we have the resources to help you achieve your dream of building a new home.
Our agents can assist you in every aspect of the home building process, including selling a home you may have to sell first at the most competitive price.
FILL OUT THIS FORM AND WE WILL HELP GET YOU STARTED IN BUILDING YOUR DREAM HOME