Buying New Construction Homes in Bella Vista, Bentonville and Centerton

When buying new construction homes, it can be an exciting time but there are some important steps that still need to be followed. If you want everything to run smoothly, just follow these tips and you will be in a good position.

Research Local Community – When looking into buying new construction homes, it is easy to fall in love with the property or piece of land without doing more research. However, you need to know about the area and more which is why you should talk to residents and find out about the location.

Use a Real Estate Agent – Recently, there has been many people taking the risk of not contacting a real estate agent but this could be a fatal move. Considering the seller pays commission, the buyer can effectively have representation for no cost; also, many builders like to work with real estate agents. As long as you find an agent that has worked with builders before, they can provide a lot of useful information and knowledge.

Square Feet and Location – Sadly, many people choose to go for upgrades rather than location but this is a mistake because the location is something you will never be able to change. When it comes to choices for flooring, these can be upgraded at any time so don’t focus on them entirely. If you’re given the opportunity to decide between an extra bedroom and special countertops, the former makes for a wiser investment.

Check the Builder – When it comes to builders, there will be some that have worked in the area for an extended period of time whilst others have little experience. For this reason, you will need to read reviews, local court records, and even the state licensing boards. If you want to avoid a builder who could cause you issues later down the line, this is research that needs to be completed. 

Approach a Lawyer – In terms of the contracts, they can be complex beasts which is why paying for a lawyer to give them the once over could prove to be vital. More than anything, this will give you peace of mind that everything is legitimate and safe on your part.

Don’t Price Yourself Out – When first planning the home and deciding what to do, it can be easy to go above and beyond the rest of the street. However, you never want to exceed your neighbors to the point that you price yourself out and look out of place. Of course, you have an opportunity to exceed a little but there is a reason why the saying suggests ‘keeping up’ with the Jones’s.

Understand the Plan – Nowadays, floor plans have become more advanced and many builders will offer you the chance to see your potential home in virtual reality. Although this will help, it can still be a little confusing understanding dimensions so you could always visit a home with the desired floor plan. This way, you and the builders will be on the same page.

Home Inspection – while buying new construction, this is the step that many people forgo because they think that new homes can’t have issues. Of course, this isn’t true so having the home inspected before closing could prove to be a wise decision. If everything is all well and good, you can be happy whilst learning more about the property itself.

Receive Multiple Bids – In most cases, the builder will have preferred closing agents and lenders and these may offer discounts. Despite this, it can still be useful to receive many different quotes to assess your options.

Discover Warranties – Before making any huge decisions, you should understand exactly what is and isn’t covered by the builder’s warranty. Normally, materials and workmanship will be covered for a certain amount of time.

For more information on buying new construction homes in Bella Vista, Bentonville and Centerton call Synergy Realty Group, LLC at (479) 464-9999