What to Avoid When Buying New Homes for Sale in Seattle
May 30, 2018
Just because you buy one of the premium new homes for sale in Seattle does not mean that everything in the house will be perfect. Everyone, builders included, makes mistakes. The best way to avoid any problems is to incorporate a clause in your contract that covers potential issues that may not be immediately visible. Standard construction warranties do not often cover these types of situations.
While most contractors engender honest and ethical work practices, there is really no absolute certainty regarding this issue unless you are a personal friend of the builder. Careful research in advance can help to alleviate any possible problems.
There are other errors that home buyers make. Here are a few to avoid:
- Falling in love with and obligating yourself to a property before being pre-approved for a mortgage loan. Always get pre-approval in advance so that you know how much you can realistically spend.
- Not acquiring good faith estimates from lenders. It is important to know exactly what you are getting into before signing your contract.
- Not negotiating on your loan or with the seller. Bargaining virtually always benefits buyers.
- Failure to have your new home evaluated by an independent inspector.
- Overlooking the builder’s “punch list.” Most builders provide this document that inventories items that must be fixed prior to closing the sale. Be sure to ask about it, if necessary. Never close on your home before it is totally finished.
For help with locating some spectacular new homes for sale in Seattle in a neighborhood of your choice, contact Lacey at New House Match by phoning (425) 268-0347. Our experience and expertise with builders will work to your advantage.