Thinking about buying a brand new house?
Keeping in mind the low inventory at this moment March 2021 in Colorado and in other parts of the country, the idea of buying new construction is becoming more appealing to buyers. Following I am sharing some recommendations.
- The representation of a real estate agent knowledgeable in new construction who is on your side in a must! you would think that by going directly to the builder you can get the price lowered or obtain others perks, not true! builders will not give you discounts because you are coming directly to them, especially in the high sellers’ market we currently are.
- The builder will pay the commission of your agent no problem, an experienced agent who has worked with builders before can save you money, help you navigate all warranties compare with other lenders, negotiate upgrades, loan closing costs, keep up with the list of inclusions and other items.
- Another thing that is important to keep in mind is to make sure any mechanisms and upgrades you ordered are not forgotten. From the number of outlets, switches, and electrical in general, to plumbing lines, surround sound speakers, wireless internet, cable lines on each room, fans, lamps, etc. It can become an extensive list of items requested. Human error happens, so a second set of eyes from your agent double checking goes a long way. We also request inspections not only the final one builder offers. Inspection we recommend; sewer line, radon, pre drywall, etc. you would think but why inspect a new sewer line? well I can tell you in the past inspectors hired by buyer side uncovered the line had sunken. Another item discovered is Radon under the house, but builders not always offer radon mitigation systems.
- Toward the finish line there will be details that we will ask builder to fix before closing instead of waiting for the warranty, to give you an example I have found on final walk Throughs bellies on shower walls that can potentially produce mold, non-operating electrical outlets, Broken cabinets or damaged surfaces on counter tops, roof problems infiltration of water in master bedroom, among other items. The builder’s business is to sell houses not to repair them after closing therefore a real estate agent advocating for you can help get problems mitigated prior to closing, this translates into saving you money, headaches, and time that you do not have after closing to call and claim repairs.
We are bilingual, Team Altitude in Denver Colorado having helped over 1,000 families and individuals with their real estate goals we have the experience and the desire to give you top nosh real estate consulting in Denver Metro! www.Hablemosclarocondiana.com 720-297-1368 RE/MAX ALTITUDE.