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Here are several questions buyers should ask builders before purchasing a new construction home:
- What finishes are included in the base cost?
The base cost of new construction homes generally includes certain finishes. Buyers should ask what the standard finishes are instead of assuming they will get what they see in the model home.
- Can buyers bring their own appliances or materials?
Many times, buyers are set in their desire for a specific material or appliance that the builder doesn’t offer. In some cases, buyers can purchase their own materials and appliances for their home and have the builder install them. Certain builders may also offer credits for buyers who purchase their own materials.
- Are any warranties on the home included in the price?
New homes aren’t always without issues. Fortunately, many early issues may be covered by one or more warranties offered by the builder or developer. Buyers should ask what the warranties are, what problems they cover, and how long they last.
- Does the property have homeowners association regulations?
Each homeowners association has its own rules and restrictions that dictate what residents in the community can add. To avoid penalties or other issues, buyers should ask about these regulations before they buy.