Smart Moves in New Builds: Your Guide to Successful Homebuying
Salvador Cortez, Mortgage Specialist at Absolute Mortgage Group Inc
Salvador Cortez, Mortgage Specialist
Absolute Mortgage Group Inc
Phone: (916) 668-0043
Email: [email protected]
NMLS# 1813194
Company NMLS# 1873315
Licensed in: CA
Smart Moves in New Builds: Your Guide to Successful Homebuying - Absolute Mortgage Group Inc.
Smart Moves in New Builds: Your Guide to Successful Homebuying
Read this essential guide for buying a new construction home and avoiding problems with your purchase.
First things first—know who’s building your dream.
When it comes to negotiations, don’t get hung up on the wrong points.
Let’s talk timelines.
Customization is a buzzword, but not all builders offer full-scale design control.
Remember, it’s not just about your plot.
Reading contracts isn’t just a bedtime story—it’s serious business.
Even if it’s shiny and new, get a home inspection!
Warranties—the safety net against the unexpected.
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Buying a new construction home is like diving into a world of possibilities and dreams, but if you don't know the possible pitfalls, it could mean a lot of heartache.
But we're here to help you navigate this exciting yet intricate journey. So, what do you need to watch out for when stepping into the realm of new builds? Let’s break it down.
Don’t hop into a deal without vetting the builder. Not all builders are cut from the same cloth. Take a moment to Google, read reviews, chat with previous buyers, and snoop around for any red flags like legal disputes or complaints.
A builder with a rock-solid rep is your ticket to a safer investment.
Builders might not budge on the price, but they’re wizards when it comes to incentives. Think mortgage rate buy-downs or rate locks.
Picture this: you’re in a lease about to expire or selling your current place, and your new home is still a blueprint. Yikes! Always pad the timeline for potential delays—bad weather, permit hiccups, or failed inspections can mess things up.
Have a backup plan to save yourself from moving chaos.
Don’t expect to choose every doorknob or layout unless it’s explicitly offered. Plus, upgrades are tempting, but they’re not freebies! Plan your budget wisely and stick to it. Fancy outdoor kitchens and bathroom saunas might make your heart flutter, but they’ll also make your wallet lighter.
The whole community matters. Ask about the bigger picture—schools, stores, healthcare nearby. Knowing when these services pop up is crucial. You don’t want to move into your dream house only to realize the neighborhood's still a construction site.
That purchase agreement is no joke. Read, understand, and if something’s fishy, don’t sign. Having an experienced real estate agent by your side can be a game-changer.
Yes, even for new-construction homes. An inspector can catch sneaky issues invisible to the untrained eye, saving you headaches down the road.
But here’s the catch: know what it covers! Different builders, different time frames. Educate yourself before waving that warranty in the air.
Buying new construction is a thrilling ride, but it's a land of surprises. Navigate wisely, and you’ll turn that dream into a solid reality!
We've been helping customers afford the home of their dreams for many years and we love what we do... Company NMLS: 1874315 Personal NMLS: 1813194 NMLS Consumer Access
1942 Del Paso Road, Suite 130 Rm 103 Sacramento, CA 95834 Phone: (916) 668-0043 [email protected]
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- Refinance
- Forgivable Equity Builder Loan
- Contractors
- Mortgage Calculators
- Loan Programs
- Loan Process
- Mortgage Basics
- Online Forms
- FAQ
- Testimonials
- Meet Our Team
- Contact
- Blog
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- Past Events
- The 2nd CA Dream for All
- Apply Now
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