5 Essential Tips for Buying a New Construction Home in Scottsdale

If you’re like many people who want to buy a new construction home in Scottsdale, you know that your process is going to be different from someone who buys an existing home – and if you’ve never purchased new construction before, this guide is here to help.

 

5 Essential Tips for Buying a New Construction Home in Scottsdale

Before you buy new construction, you should know that there are three types of newly built homes:

 

 

When you buy a new construction home, you’ll need to keep these five tips in mind:

 

Here’s a closer look at each.

 

 

Tip #1 for Buying a New Construction Home: Work with a real estate agent of your choosing

You don’t have to work with the builder’s agent, who typically waits in one of a community’s model homes to talk to interested buyers. You can – and should – bring your own buyer’s agent to discuss your options with the builder’s agent. That’s because a buyer’s agent has a fiduciary duty to you (as the buyer) and will be there to negotiate on your behalf while working in your best interests. The builder’s agent has a fiduciary duty to the builder, and because of that, is there to ensure the builder makes as much as possible on each sale.

 

 

Tip #2 for Buying a New Construction Home: Do in-depth research on neighborhoods and builders

Before you settle on a neighborhood or a builder, you have a homework assignment. Builders in Scottsdale range from locally owned companies to huge national corporations, and what’s right for someone else may not be a good choice for you. Check online reviews, search for Better Business Bureau ratings, and avoid builders with a history of name changes, which can indicate that they’re running from poor reviews.

 

 

Tip #3 for Buying a New Construction Home: Review all your options

Different types of new construction homes (spec homes, semi-custom homes, and custom homes) will offer you different levels of choice when you build. Whether you’re buying a spec home or creating something from the ground up, it’s incredibly important that you think about the long term. We suggest thinking about what you’ll want in five or ten years not just now before you make decisions about your new construction home (including floor plan, size, and number of rooms).

 

 

Tip #4 for Buying a New Construction Home: Negotiate with the builder and make your final choices

Your Scottsdale REALTOR® will negotiate with the builder for you as you make your final choices on the home’s layout, upgrades, features, and more. Remember, every decision you make in your new home’s construction impacts the final price and as with any other home purchase, new construction is negotiable.

 

 

Tip #5 for Buying a New Construction Home: Hire a home inspector

Although the builder will inspect the home throughout construction, you need an inspector of your own when construction is complete. Even new homes have issues, and when your inspector discovers them, you’ll be able to ask the builder to correct them before you finalize the deal and move in. You’ll also want to review your warranty and other guarantees from the builder.