Pre-owned goods aren’t for everyone! When Buying a new home it comes with the opportunity to personalize the interior finishes with an array of available choices: Flooring choices is one of my favorite selections to help a new buyer select based on their lifestyle and personal taste. It is also fun to bring together cabinetry, countertops, paint finishes, door hardware and trim selections that make a style statement based on your personality and lifestyle.
Purchasing a new home is an exciting decision, talented Design Studio consultants will make recommendations and walk you through the process of crafting and designing a home you’ll love forever.
If you are thinking about buying a new home, here are 3 things you should consider:
- Hard surface flooring, most buyers like to upgrade to hardwood, quality laminate, luxury vinyl or large format tile in the main living spaces.
- Quartz countertops in the kitchen are a popular upgrade
- Cabinets a must to upgrade now! It’s one of the more expensive options but worth it and it is a selection that is more challenging to upgrade later. A kitchen with great cabinets is a must.
When looking at newly built homes, you’ll likely take a tour of a model home. These homes are essentially synergistic exhibits that are beautifully equipped with the builder’s higher-end upgrades. Their motive is to exhibit a builder’s customization capabilities by letting purchasers see a home’s complete design potentiality. Before you get too wrapped up in the lovely design of a model home, keep in mind that model home configurations are not generally indicated in base sales prices. Because most base prices are based on homes with “builder grade” options. I recommend considering about 12% to 15% of the base price of your home you have selected to spend at a builder design studio to achieve a fabulous look.
Fortunately, a model home’s design choices are usually very versatile. You can choose which enhancements to add to the base configuration and which you don’t, just like when shopping for a brand new vehicle. Adding superior components to your home’s design can indeed enhance its worth, unlike purchasing a new vehicle, which loses worth the moment you drive it off the lot. Before coming to any conclusion, make sure to consider your investment.
Some other things to consider is BEing aware of all of your financing choices – Many builders have local representatives who can help you with each step of the buying procedure, inclusive of the critical step of locating a lender, besides providing you with a customized home.
The completion of a pre-qualification is one of the most crucial steps of purchasing a home. Your time frame, areas to focus on, and starting price will all depend on your budget and purchasing capacity. The best home builders generally have a community of reliable creditors they can recommend to you. Spend some time learning about the various loan options available to clients buying a new home, including traditional, FHA, Jumbo, and VA loans. Also, don’t be afraid to speak with several creditors. However, I feel using the builder’s lender is the best option instead of selecting an outside lender.
The majority of new construction prices are determined by the contents of the home rather than the square footage. People often underestimate their readiness to buy a home, thinking that they will be fully prepared in some years when, in fact, they may be ready now and can take advantage of the contemporary market.
It is crucial to ask questions – You will not be able to see the final product until it is completed. It is therefore imperative that you ask questions along the way. This keeps the lines of communication between you and the builder open and the process explicit. Communication problems may bring on expectations that aren’t aligned.
Not only should you do your research on the location and builder, but you should also feel at ease with the salesperson, remember they are available to guide you and be available for you. Most sales consultants care, love their job and are available to help and serve you. So walking through construction sites before making a purchase is crucial. Errors occur in all homes, but even less so with sales consultants who walk their homes on a regular basis, keep buyers informed and discuss the experience with their clients.
It is reasonable and usual to inquire about the builder’s previous work, funding, and organizing plans. It will not only help you better handle your expectations about the procedure, costs and timeframes, but will also give you peace of mind while you wait for your dream home to be built.
Here are some questions to ask your builder to give you an idea of where to start:
- What are the builder’s different projects?
- Which features come included and which are optional?
- What happens if the timetable is pushed back?
- During the construction period, how frequently can you visit the house?
Do not hesitate to conduct some independent research. You can search the internet for builder reviews or go for a drive-by of any of their earlier tasks to check their popularity and job quality. Your choices may be influenced by your course of events – Although in some cases a model home may not be considered a new building technically, buying one means you’ll be the first one to live in it. Depending on the position of a development project, you can get a great deal on a model home with all the bells and whistles. The builder may wish to unload the model home after a particular number of units in a development are being sold, because it is vacant on the market each day, and the builder suffers losses as a result. This is an excellent choice for customers who are short on time because it means you’ll get a brand new, ready-to-use new home.
When it comes to timeframes, constructing a home from the scratch can be a great choice for customers who aren’t in a rush to buy. The schedule for constructing a customized home is influenced by a variety of elements, including climatic conditions on the construction site and issues with building supplies. A fresh building project can take 7 months to less than a year to finish. If you’re already five months into a 12-month lease agreement, this can be an amazing opportunity. You can start construction on a brand new home without breaking your lease. Who doesn’t like a win-win situation.
There are numerous motives you would want to buy a brand new home, either you want to be the first to make an imprint on a home or merely like to customize your private area. Despite these motives, the truth stands that purchasing a home can be an emotional experience.
Come prepared to your Design Studio appointment with ideas in mind. Pinterest is your friend. Create your dream boards, have a grasp on your budget so you can set a realistic number to work with for options and upgrades. Have FUN, set a budget in advance, make designing your new home fun and not stressful. Research trends but listen to your heart!