Build A Home Checklist

 

 

HomeBuyerConsultants.Com Inc. provides this checklist highlighting major items to consider when purchasing a new home from a builder.

 

o       Obtain a HomeBuyerConsultant for Real Estate Professional Assistance.

o       Determine the area, school district, and features desired for the home you want to purchase.

o       Obtain a pre-approval letter from a mortgage company for the amount you are qualified to borrow to purchase a home. Often the builder can do this for you and offer a below market interest rate.

o       Investigate the builder. Check with the Chamber of Commerce. Talk to others who have purchased homes from the builder.

o       Obtain a copy of the builder's warranty before you buy and read all the fine print. The warranty probably protects the builder more than the buyer. Be sure any promises made to you are in writing and signed by the builder.

o       Obtain a copy of the neighborhood covenants and restrictions before buying. Read them and be sure you can live with them.

o       Arrange for inspections by an independent new home inspector to assure the builder or his contractors are meeting building codes and doing quality work. Do not depend on government building inspectors. Keep the builder aware of all problems you want corrected by a written, dated, and signed list.

o       Assure builder has corrected problems and/or code violations on your list before you close on the property. Do not accept the home or move in before all work has been completed.

o       Do a final walk-through of the home just before closing to verify that it is in the condition expected.

o       Prepare for closing.  (Click here for more information and checklist for closing.)

o       Plan move, send out change of address cards, and notify utility companies of move-in date.

 

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Revised: February 04, 2008 .