Nancy Hill, CRS
Windermere Real Estate/Renton, Inc.
NancyHill@Windermere.com www.BestKingCountyRealEstate.com 253-653-6323
What to consider when buying new construction...
Should I use the builder's preferred lender? How does this affect my purchase and selection?
- Which builder incentive is the best for me?
- Which floor plan is best for resale value?
- The builder contract is 30+ pages long... what does it all mean?
- What rights do I have as a buyer of new construction?
- What happens if I buy new construction but my loan falls through?
- When do I start making loan payments if I buy a Presale home?
New Construction Homes are priced very comparable to Resale Homes in many areas due to the over abundance of homes on market. Builders can sometimes offer sales incentives that far surpass what a typical homeowner can offer. Builders may buy your interest rate down so that your monthly payment is more affordable or allow you to purchase more of a home than you thought possible.
Finding the right builder in the right community is critical. Every home IS NOT built with the same quality and care. Seek the guidance of a professional Realtor who knows new construction builder quality and process.
