Purchasing a new construction home is different from purchasing a single family home that is already built. You’re likely buying the home from the builder and will have substantial conversations with the builder before going under contract or even speaking with our office.
Oftentimes the homes are not built or finished yet and the Builder will allow you to customize certain aspects of the home. There may be costs associated with your ability to customize the home.
Builders often use their own contracts which are drafted to be very protective for them. You need an attorney well versed in the issues presented by a new construction contract and one who is willing to advocate for you and modify the Builders’ contract so that it’s even handed.
You will likely close on the home while the builder still has some items to finish up. You will need protections to ensure the builder remains incentivized to complete the work post closing.
It’s important to have an inspection on a newly constructed home. Even though it’s newly built, it doesn’t mean that it’s solid or would pass an inspection with flying colors.
Builders at a bare minimum must obtain final approvals from the town code officials but these approvals do not supplement a home inspection.