Buying a brand new home for sale in Irvine comes with many great benefits, but it also requires a little additional time and energy to have everything go smoothly. Taking the time to talk to the seller and ask plenty of questions can save you money and help you get your dream home. Make sure to ask the following five questions if you are buying a new construction home.
1. What Are the Standard Options for the Home?
Many buyers make their decision based on the appearance of a model home, and then they are frustrated to find the model home featured a lot of upgraded finishes that cost much more. In some cases, you may be able to negotiate upgraded finishes for the cost of the standard finishes. If not, find out if you need to pay for these upgrades at closing or up front.
2. Do You Provide Warranties on the Work?
It is standard for builders to provide a 10-year structural warranty and a 1-year workmanship warranty, but you still need to confirm these are offered on your new property. Go over the warranty carefully to make sure it covers all parts of the home. Also ask about warranties for installed appliances. There are always risks associated with buying a new construction home, so a longer warranty may be reassuring.
3. Will There Be HOA Rules and Regulations?
If you are looking at new construction Irvine townhomes or condos, make sure to check about potential rules and regulations. These may not be in effect while the area is still being constructed, but they could potentially cause issues for you later. It is also a good idea to ask if you need to pay association fees before the entire area is built.
4. What Is the Builder’s Reputation?
You might not always be speaking directly to the building company when purchasing a new construction property. Ask for the name of the builders and contractors so you can learn a little more about the company. If possible, ask to be put in touch with other people who have homes built by the company. You need a builder who has a reputation for high-quality construction on the type of home you are buying.
5. How Long Will Construction Take?
Having a clear schedule set in place for construction may reassure you, but it can be extremely inconvenient to purchase a new construction home and not be able to move in for months past the original finish date. Talk to the company and see what they will do for you if they do not meet the date. Keep in mind some parts of construction require warm or dry weather, so check to see how the builders will handle a schedule that requires working in winter.
If you want to buy real estate in Irvine, whether it’s a new construction home or an older property, make sure you have a trusted agent who can help you find just what you’re looking for. Contact OC Residential today at 714-454-6304 to speak with one of our friendly and reliable agents.