What is the process for buying a new build home?

The process for buying a new build home can vary depending on the builder and location, but here are some general steps to follow:

  1. Research new build developments in the area you want to live. Look at the builder's website, brochures, and sales centers to get an idea of the different models, floor plans, and prices available.

  2. Visit the builder's sales center or show home. This is an opportunity to ask questions, learn about the builder's processes, and get a feel for the type of home you want.

  3. Choose your home design and customize your options. New build homes often offer a range of options for upgrades and customization, such as flooring, cabinets, countertops, and appliances. Work with the builder to select the options that fit your budget and preferences.

  4. Secure your financing. Once you have chosen your home design and options, you will need to secure financing. You can work with the builder's preferred lender or choose your own.

  5. Sign the purchase agreement. This is a legally binding contract between you and the builder that outlines the terms of the purchase, including the purchase price, deposit, construction timeline, and any warranties.

  6. Monitor the construction progress. As the home is being built, you will have opportunities to inspect the progress and make any necessary changes or additions.

  7. Conduct a final walkthrough. Before closing on the home, you will conduct a final walkthrough to ensure that everything is in working order and all agreed-upon upgrades have been completed.

  8. Close on the home. Once the home is complete and you have completed the final walkthrough, you will sign the closing documents and receive the keys to your new home.

Buying a new build home can be a complex process, but working with a reputable builder and following these steps can help ensure a successful purchase.