Do's and Don'ts when Purchasing New Construction Homes
The dream of a brand-new house that has the capacity to improve finishes, change plans for the floor, and become the first person to live in the property attracts buyers to the builders and developers' model homes every single day. According to sources in the industry, over 70% of buyers are looking to buy a brand new house. The new buyers who are focused on construction may be tempted by a fence, however, they must be prepared to be able to ask the right questions and be aware of red flags prior to making a decision. Do's Ask your agent. Thinking they will receive a better deal, or simply because they are ignorant, how that many buyers rely on the sales agent of the developer for representation? New construction buyers must research what dual agents can and should not do according to the state's licensing laws for real estate. A majority of states require written acknowledgement of dual-agency agreements by both parties. Every homebuyer should represent themselves by an ag...