Young couple holding the keys to their new home.

5 Tips to Keep in Mind When Buying New Construction

There’s just something about that new-home smell! Buying a new-construction home is an exciting time. After all, you’re truly giving yourself a blank slate when it comes to your home. Whether you’re buying move-in ready or custom-building your dream home, there are a few things you should keep in mind to make sure you have a successful outcome.

Without further ado, here are five tips for buying a new construction home in the greater Raleigh area!

Hire the Right Realtor

Two professionals shaking hands over a stack of papers on a desk.While it is possible to buy a home without a Realtor, we don’t recommend it. Here’s why: Realtors have an in-depth knowledge of everything having to do with real estate. This includes handling the paperwork, scheduling the tours, and taking care of any negotiations.

This comes in handy when it comes to new construction. Typically, when buying new construction, it’s very difficult to talk the builder down in terms of price. However, with the right negotiation, you may be able to gain extra upgrades or additions to your new home at no additional price.

As seasoned real estate agents with years of experience buying and selling new-construction, we have the expertise to help you find success in Raleigh’s real estate market. Read our testimonials to get a feel for how we do business.

Thoroughly Research the Builder

You want to know what you’re getting yourself into. If the building company has more than 5 reviews with the same issue, you can expect that issue to be present in your new home. Don’t be afraid to bring these up when negotiating with the builder.

Check the Better Business Bureau, review websites like Google or Facebook, and any other information websites to see what you can dig up about the builder.

Afterwards, Research the Area

Large group of people gathered in a park.See what the City has planned for the area surrounding your new-construction home. In Raleigh, new developments are springing up every day. However, much of the city’s new construction neighborhoods are in slower-paced communities like North Raleigh.

It never hurts to be well informed though! Regardless of where you’re buying a home, you should thoroughly research the surrounding area to see what it’s like to live there. It’s also important to determine future commute times, and whether your necessary amenities (grocery stores, the gym, etc.) are nearby.

Look Into Alternative Lenders

Don’t rely on the builder’s recommended lenders. Whenever you’re looking to apply to a mortgage, we recommend speaking with at least two different lenders in the area.

This way, you can be sure you’re getting the best possible deal for your situation.

Get Everything on Paper

Stack of real estate paperwork with a pen.Before you sign any documents, be sure to triple-check that they meet your conditions and requirements.

Have your Realtor, and your lender, carefully review any financial paperwork.

If you’ve negotiated with the builder to have extra custom features installed, be sure it’s on paper! Anything that’s no on paper may not end up in the final product.

Want Any Additional Tips?

We have them. This blog post could have been about 10 tips longer, but we wanted to make it as concise as possible by touching on all the big ones. For even more advice on buying the perfect new-construction home for you, please feel free to give us a call.

In addition, you’ll find a number of other home-buying resources on our site. You can easily search new homes for sale, learn more about specific communities in the Raleigh area, and even request a showing on a specific home.

Whatever you need, we’re here for you. Let us know what we can do to make your real estate transaction as easy as possible.


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