There’s no denying that there is a certain appeal to being the very first owner of a new house. You get to make all the decisions and build a home that suits your specific needs. You also don’t have to deal with the problems that older homes can have, such as outdated wiring or leaky roofs.
If you’re in the market for a new construction home in Boynton Beach FL, there are some things you should be aware of before you sign on the dotted line. Being prepared from the beginning can help save you frustration down the line when things don’t go as planned. Here are some tips when buying new construction in Boynton Beach, Boca Raton or Lake Worth Florida.
First, find an Accredited Buyer’s Agent you like and trust and take him/her along with you. If you show up at the builder alone, you get no discount. They will give you zero off the price. You need to have someone in your corner; someone who is advocating for you. You might as well. It won’t cost you anything but will save you money and possibly heartache in the long run. And, yes, you do need one. Please read on.
I recently helped a couple buy a new construction home from a large builder. They wanted to add a screened-in pool after closing. This was a no brainer. The builder’s salesperson told them because they were on the lake, screen enclosures were not allowed in the community. They didn’t want to ruin the nice, consistent look of the homes. I scratched my head in awe as I listened.
Not on my watch! I located the HOA documents for this particular community. I found where it detailed the type of pool enclosure you could have down to height, color, etc. What a shame the builder’s representative didn’t know about it. After I emailed him the section and page number and told him to read the documents, I sent the page to my clients. They were thrilled to know they could have a screened-in pool. They were ready to walk away from the house.
Find out the locations of other homes from this builder, and drive through the communities. This may be hard to do if they are gated communities. Ask the builder if you can speak to a previous client, and see if those homeowners are satisfied with the finished product.
No building project goes exactly as planned, so know who to contact when the need arises. Usually there will be someone overseeing the daily operations for the builder who will field all your questions. Know when and how to contact them.
If you’re one of the first owners to move into the neighborhood, you may have to deal with construction and noise for quite awhile. You should also find out how many more houses are planned for construction. There’s always a chance that a builder can lose funding and hand over operations to another builder, which could affect your property values over time.
Some builders provide financial incentives, such as offering a lower interest rate or pick up closing costs if you use their preferred lender or title company. Others may be willing to negotiate for certain upgrades, or offer an extended rate lock should construction take longer than planned.
If you’ve toured the model home, you’re seeing a home that has been outfitted with available upgrades and often many of them. Find out which features are standard and which are upgrades, which should be detailed in a specifications sheet. Ask to see a standard new construction home in Boynton Beach FL. Everything looks beautiful in the model. They make it that way to sell homes! Be smart!
Does your builder allow changes once construction has started? Some do not allow changes, and if you’re prone to changing your mind it might be beneficial to use a builder who is more flexible. And find out if they allow changes, do they charge for them?
Find out right away what types of guidelines the Homeowner’s Association has outlined, and be aware of when you’re required to begin paying HOA dues. If you are a pet owner, find out the pet restrictions for the community before you sign on the dotted line.
Most builders will provide warranties for the work they do, as well as warranties for appliances like the washer and dryer. Make sure you know what these are, so you know what is and isn’t covered and how long the coverage lasts.
Finally, ask the builder how long it will take to build your home, and what they do if that deadline is not met. Of course, you’ll need to be flexible to allow for delays caused by things like the weather. But knowing your builder has a reputation for completing projects on time is great for your peace of mind.
Compliments of Elyse Berman PA