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What you need to know about buying a new construction home

Among the homes for sale in Aptos, CA, you’re bound to find a good selection of new construction homes. These homes appeal to many because they have a lot of desirable features: better energy efficiency, a more contemporary design, and modern accessories that pre-owned homes may not have.

These great aspects have sparked the interest of many potential buyers, making them take a closer look at new construction. Before you make an offer on a new construction home, however, here are a few key things you should know:

Your home is only as good as its builder

Some builders have been engaged in construction and development for years, while some may be relatively new to game. Some may have a proven record while others may have yet to show their competence. During your property search, always research the building company’s previous projects to ensure the quality of your potential home.

Look into the different builders in the area and ask potential neighbors about their experience. Also, check the builders’ online reviews and find out if any lawsuits have ever been filed against them. Ideally, your home’s builder should be someone who is held in high regard by the local community and has a reputation for quality.

Timing can be tricky

Home builds don’t always follow construction schedules to a tee. Delays because of the weather, permit acquisition, and issues with the vendor are common. If you purchase a new construction home that isn’t finished yet, be flexible and adjust your move-in timeline to accommodate any building setbacks. Also, keep in touch with the builder regularly to make sure you’re updated on the status of the build. 

Home warranties don’t cover everything

Home warranties are commonplace for new construction homes. They’re meant to protect homeowners from potential issues, such as the use of substandard materials. The extent and length of their warranty coverage will differ depending on the builder: Some builders may provide warranties just for the first year, while others can cover the home for as long as ten years or more. Make sure your contract explicitly states what is and isn’t part of the home warranty to avoid misunderstandings.

You still need a home inspection

A lot of first-time homebuyers make the mistake of skipping a highly critical step before purchasing a new construction property: home inspection. Even brand new homes should be inspected before you sign on the dotted line.

In fact, for new construction homes, it’ll be wise for you to have two home inspections done. The first inspection should be done before the walls are put in to ensure that there are no issues with the electrical and plumbing. The second inspection should take place during the final walkthrough.

It’s best to hire a real estate agent

Builders typically have their selling agents show their properties. However, you would better benefit from being represented by your own real estate agent—someone who can look out for your best interests and take care of your side of the purchase.

With a competent realtor, you’ll have someone to guide you through the process and help you get the most out of your home buying experience.

Interested in new construction homes? Explore Aptos, CA real estate with one of the best real estate agents in town, Amber Melenudo. Give me a call today at 831.661.5591. Or you can send an email to amber(at)davidlyng(dotted)com.