Jasz
VIP Contributor
Buying a new construction home is a great way to get into the market and shop around for the best deal, but there are some things you should know before you dive in. Here's what not to do when buying a new construction home:
Don't wait too long to buy. You might want to wait until you've saved enough money for your down payment and closing costs, but if it takes you longer than a year to save up those funds, then it's probably best to look at something else—like an older home that needs some work or a condo.
Don't buy something that isn't in good condition. If the house has structural problems like cracked walls or foundation issues, then it's probably better to walk away from it and find another one later on down the road rather than spend too much money fixing issues that could be easily fixed later on down the road by yourself or with a contractor. This also goes for appliances—if they don't work well together, don't buy them!
Don't make any big decisions about your future living space without getting expert advice from someone who knows what they're talking about.
Don't wait too long to buy. You might want to wait until you've saved enough money for your down payment and closing costs, but if it takes you longer than a year to save up those funds, then it's probably best to look at something else—like an older home that needs some work or a condo.
Don't buy something that isn't in good condition. If the house has structural problems like cracked walls or foundation issues, then it's probably better to walk away from it and find another one later on down the road rather than spend too much money fixing issues that could be easily fixed later on down the road by yourself or with a contractor. This also goes for appliances—if they don't work well together, don't buy them!
Don't make any big decisions about your future living space without getting expert advice from someone who knows what they're talking about.
