This is the Ultimate Guide if you are looking into purchasing a New Construction Home. This video will cover the New Home Construction Process. What types of questions should you ask the builder? What to expect throughout the process? Buying new construction is a much different process vs buying a pre-existing home.



0:00 - Intro - Purchase Pre-Existing vs New Home Construction
3:17 - Tips When Getting Started
3:26 - Step #1 - Get Pre-Approved
4:13 - Research Home Builders and New Development Communities
4:25 - Do you need a Realtor?
6:13 - What to look for when selecting a home builder
7:32 - What to expect when you arrive at the sales center
09:01 - What Questions should you ask the Builder?
12:11 - Understanding Pricing - It's All About the Upgrades
14:38 - Two different types of upgrades - Structural vs Design Center
15:50 - What upgrades should you do now with builder vs later?
18:56 - Quick Move-In Home or Custom-Built Home?
22:27 - How to save money on new construction homes
25:36 - Can you change the plans after selecting upgrades?
26:56 - What the process looks like AFTER you decide to purchase
27:11 - Financials and Contract
27:15 - Should you use the builder's preferred lender?
29:04 - The first deposit that will be due
30:06 - The Builder's Contract
32:12 - The second deposit that will be due
33:03 - Can you negotiate with the Home Builder?
35:57 - Mentally prepare yourself for the long process - Things to expect
37:05 - The process is typically in logical order - Delays that can occur
38:54 - The closing date
39:28 - The two walk-through's
39:44 - The New Homeowner Orientation
40:27 - The Punch List
41:20 - Best Practice BEFORE New Homeowner Orientation
43:15 - It's not officially your home YET - so ask permission before entering
43:50 - The final walk-through
44:19 - Unfinished punch list items may turn into home warranty claims
44:43 - The Closing! Congratulations you are now the owner of a BRAND NEW HOME!
44:57 - You don't necessarily need to change the locks
45:39 - What's the next step?


 #buyingnewconstruction #newconstructionrealtor #newconstructionhome
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Paul Graham is a Real Estate Agent located in Swansea, Massachusetts, 5 minutes from Rhode Island. Paul has resided in this area for his whole life over 40 years! Paul also fell in love with Florida after his first trip in 2001 and has been visiting there virtually annually for over 20 years. Paul decided to pursue his Real Estate license there as well. Paul Graham is licensed in Massachusetts, Rhode Island, and Florida. Paul is a Residential, New Home Construction and Relocation specialist with eXp Realty LLC. Paul also researches Investment opportunities. Serving a wide range of Massachusetts and Rhode Island communities. Allow him to sell your home for more in less time utilizing modern marketing strategies or allow him to guide you through the entire process in pursuit of your new home.

CONTACT ME:
Call / Text: (508) 679-6538
Email: paul.graham@exprealty.com
www.paulgraham.exprealty.com

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