Review the builder’s contract
Builder contracts may differ from resale contracts. Discuss deposits, timelines, financing terms, incentives, and cancellation provisions before signing.
Budget beyond the base price
Ask which features are included and which are upgrades. Consider lot premiums, landscaping, window coverings, and ongoing ownership costs.
Plan independent inspections
A new home can still have condition issues. Ask about independent inspections at relevant stages and how concerns will be addressed before closing.
Understand completion and warranties
Confirm the estimated completion date, what can change it, warranty coverage, and how to submit requests after closing. Keep copies of your documents.
General educational information, not legal, tax, lending, or appraisal advice. Terms and property conditions vary; consult the appropriate professionals for your transaction.
Further reading from a consumer resource ↗