New Construction: Buying A New Home In The Best Location For You

Added October 22, 2001 by Ilyce R. Glink

Print Articles

Summary: Buying a new construction can be stressful, but Ilyce guides readers to successful home ownership. The most important thing a home buyer should do when purchasing new construction is be aware of where the new development is located. A new housing development shouldn't be too far from stores and other things the home buyer is going to need, so make sure your new construction isn't in the middle of a cornfield - unless that's where you want your home to be!

Are you building a new home?

Everyone wants a new home, but buying new construction can bring it's own set of headaches.

Before you put down a deposit in a new home development, make sure you've thought through the location. Ask yourself about schools, transportation and the distance to work, family and friends. If you're surrounded by cornfields, you may have to drive 5 miles to get a gallon of milk.

If you pick a lemon of a developer, you'll suffer through the building and purchase of your new home. Check for complaints about the developer with the Better Business Bureau, and the planning department of your local municipality. Your best bet? Check out your builder's past developments and find out how happy the residents are 2, 3 and 4 years later.

Most builders will negotiate on upgrades and fixtures, if not the price. And, make sure the contract includes a start date and an end date. Don't take the builder's word on it that your house will be finished sometime soon.

If you stay involved, and visit your construction site frequently, you'll be able to return that bottle of aspirin, and get your money back.

Oct. 23, 2004.

See more articles on this topic by clicking on the "RELATED ARTICLES" above and to the right.

We have over 5000 articles on Real Estate Advice, Personal Finance Advice and Consumer Advice on our site. We encourage you to look at these articles. As always, if you have a comment on our articles, don't forget to post your comment below. We thank you for coming to ThinkGlink.com.

© Ilyce R. Glink. All rights reserved. This content may not be used, distributed, syndicated, compiled or excerpted in any medium or form without written authorization from Think Glink, Inc. For information on syndicating ThinkGlink.com please contact us.

Previous article Next article