Buying New Construction? Read This Before the Model Home Seduces You
There’s a lot to love about new construction. Fresh paint. New appliances. No mystery stains. No wondering why there’s an extension cord permanently disappearing into a wall.
It can feel simple. It isn’t always.
One of the biggest things buyers should know is that the builder’s sales representative works for the builder. They may be great to work with, but they are not there to represent your interests. That’s where having your own agent matters. An experienced buyer’s agent can help you understand the contract, keep track of deadlines, compare incentives, ask questions you may not think to ask, and help you figure out what is actually included in the price.
Because that gorgeous model home?
It may be showing off upgraded flooring, lighting, cabinets, countertops, appliances, trim, landscaping, and just about everything else designed to make you say, “Well, obviously we need that.” And suddenly the base price has developed a personality of its own.
You’ll also want to pay close attention to builder incentives. Closing-cost credits, rate buydowns, and upgrade allowances can be valuable, but make sure you understand the fine print and whether they are tied to a preferred lender or attorney.
And yes, you should still consider an inspection. Brand new does not mean built by magical construction elves. New homes can still have issues, and catching them before closing is a lot easier than discovering them after you’ve unpacked 47 boxes.
New construction can be a fantastic option. Just make sure you go in with someone looking out for you — preferably before you fall in love with the oversized kitchen island and start planning Thanksgiving dinner.
Thinking about new construction in the Triangle? Let’s talk before you head to the model home.
