Thursday, January 24, 2013

New Construction Homes in Novi: Tips for How to Have a Better Real Estate Transaction

Conquest Real Estate shares tips how to have a better real estate transaction for those who are planning to buy new constriction homes in Novi.


These days, new home communities are getting more popular demand than resale ones. This is with good reason: many home builders are opting for open floor plans which make it easier for anyone to purchase their dream homes without a great expense. New construction homes in Novi are easier to acquire. However, you want to protect yourself in every transaction.


To ensure that your purchase is successful, follow these simple tips:

1.      Have a realtor by your side. Many people think that they will be able to save a lot by not having the assistance of a real estate agent. The truth is, they’re bound to lose more without these professionals. Home builders attract their shoppers by monopolizing a transaction. Without proper representation, you may found yourself at the losing end of this venture. Your realtor will walk you through the whole process, aiding you in transactions and alerting you when your homebuilder is going too far.
2.      Never sign any contract until you understand the fullest detail. Your emotional side can be touched by buying new construction homes in Novi MI—the excitement of moving into your own dream home can take the lead. However, don’t let it get the best of you. Your home builder may try and play on this emotion and gain advantage of you; keep your mind clear and focused on your standards before signing the contract.
3.      A home inspection is a most. While new construction homes in Novi come with a warranty, it is always best to ask the professional if it is well-built or not. Sleep soundly at night knowing that an independent party has approved your home, with everything accounted for.
4.      As much as possible, try to find another lender. Many home builders have networked with various lenders, coming up with great incentives only to squeeze out unfair commissions from you. Ask your realtor for good, credible lenders who won’t take advantage of your intent of purchasing new construction homes in Novi.


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