Among the many unexpected effects of the COVID-19 pandemic has been an unprecedented level of demand from homebuyers coupled with severe inventory shortages in markets all over the country. In order to overcome this ongoing challenge, many buyers are turning to new construction as a way to find the home they want in the location of their choice.
Before you jump into buying a newly constructed home, it’s important to understand the process and determine how to navigate it successfully. Here you will find the ten best tips for making sure that your new home purchase provides everything you’re hoping for while staying on time and on budget.
1. Determine your priorities at the start
It’s important for you to decide why you’re looking for new construction. Are you simply trying to overcome low inventory in your chosen market? Are you more interested in the personalization opportunities available with new construction? Is your budget the most important consideration or are you flexible enough to incorporate additional features that you find appealing? Know what matters most to you and think twice before you depart from your plan.
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