12 May 2019

How to Reduce Expenses and Risks When Buying a New House

How to Reduce Expenses and Risks When Buying a New House

There’s something appealing about a brand new house. You get to pick out the carpet, drapes, and appliances, and have everything designed just the way you want it. New houses often have more space and better appliances. They require less immediate fix-up work, and are more energy-efficient. New houses are also sometimes priced more reasonably than comparably old ones.

But, there’s a downside. The advantages of new houses are overshadowed by problems, such as, lengthy construction delays and shoddy construction. Anyone looking for a new home should buy property in Creek Harbour. Here are some suggestions on how to avoid problems while buying a house:

Inspect the House Thoroughly

Hire an experienced contractor or home inspector to evaluate the house you’re considering for the quality of construction. When a home is being worked on, it is easy to see whether construction standards are high or not. Don’t count on the city inspector to catch all the mistakes. You have to realize that they look at dozens of homes every day. Builders count on city inspectors missing things to save them time and money.

Also, you should visit your home site periodically during construction and take the final walk-through to catch last minute cosmetic defects.

Choose the Developer First

The most important factor in buying a new house is not what you buy, but rather who you buy it from. A liable builder understands that he or she has a reputation to protect. He will construct homes that live up to their promises. More than a few builders will take your money, throw together a house that will start falling apart on day one, and then they will stop returning phone calls. The message is, don’t buy a house – buy its builder.

Keep Track of Construction

Ask the builder to allow your inspector or contractor to give the home a once-over at least three times during construction: When the foundation is poured, when the framing is completed, and when the home is finished. Have the inspector examine various systems, including the walls, roof, plumbing, electrical, and insulation systems.

Get a New Home Warranty

You may have heard stories about new homes that begin to disintegrate soon after the buyer moves in – the roof leaks, the basement floods after the first big rain, or the doors won’t close. This shouldn’t be a problem if you Buy Property in Creek Harbour. Buy property from a reputable developer – but not all developers are reputable.

Your best bet is to buy a house with a new house warranty from an independent insurance company. You can also buy a new home warranty on your own, but you will have to shop carefully to find the one that covers major structural defects. Most builders offer a one year home warranty. Be aware of what it covers before you decide not to get a home warranty from an independent insurance company.

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