Buying A Home In A Development

Many people are not spending any time or energy looking at older or previously owned homes. Many want a new custom build and this can actually be affordable depending on where you are looking to do this. It can be very rewarding but also can have its own challenges. You don't always pick a floor plan and then wait for it to be finished, there are a lot of decisions to be made and to sign off on with your builder. (435) 901-0300

First, you want to decide what kind of custom build home you want. There are custom builds that allow you to decide on almost every aspect of the planning and construction of your new home. There are semi-custom builds that are usually done with w developer and there are certain things you can choose from within the parameters. Or you can be a pre-built new home that has already been finished.

If you want to do this, you might ask yourself, how do you buy a new custom build? 

There are a few steps to purchasing a new construction home and some are similar to any home-buying process.

Pre-approved

You want to get pre-approved just like you would for any home-buying process. This is where a lender figures out what they are able to offer you based on your finances. You will receive a pre-approval letter, which allows you to start your building process.

Hire a Real Estate Agent

If you have your preapproval you are ready to hire a real estate agent that can walk you through that process and help work negotiations for you. You may not be sure whether or not you want a new constriction and having representation like an agent can help you weigh all of your options and double-check with builders about buyer's agent fees. Real estate agents are valuable in any home buying process but especially when you are working with a representative from a builder.

Timeline

Try to get a detailed picture of what the timeline will be. The more custom options in your home, the longer it will be, and it's more likely that any timeline will end up being recalculated. This can create issues if you are selling your current home and need to know you will have something to move into. You must work closely with the builder and your real estate agent so that you can properly manage all of these details.

Research Builders

Before you choose a builder take time to research. There are so many options available to you. There are local wonder builders and then there are large cooperations. You should look at all of their ratings on the better business bureau and take a drive around to look at the homes they have built.

Negotiate

Refrain from immediately settling on a home price. You want to consider every aspect of the home and negotiate the pricing in these areas along the way. The choices you make for the exterior and interior of the home will determine your final sale price.

Inspections

With a new build, there will be many inspections for all facets of the home. It is advised that you have your own independent inspector come in and be sure that everything is built as promised in detail Check your home warranty and know what is covered and for how long.

For more information on buying a new home, contact us! Start Browsing all New Construction Below!

652 Properties
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Pending
395 E Kayak Dr Hideout,  UT 84036
$2,549,900
Neighborhood: Lakeview Estates
4
Beds
4F11/2
Baths
3,730
Sq.Ft.
2024
Year Built
2
Days on Site
12304208
MLS
Pending
111731 N Deepwater Dr Hideout,  UT 84036
$2,399,900
Neighborhood: Lakeview Estates
4
Beds
4F21/2
Baths
3,933
Sq.Ft.
2024
Year Built
2
Days on Site
12304211
MLS
$6,500,000
Neighborhood: Tuhaye
4
Beds
4F11/2
Baths
5,888
Sq.Ft.
2023
Year Built
2
Days on Site
12304214
MLS
$1,830,000
Neighborhood: Wasatch Front Ar 58
5
Beds
2F13/411/2
Baths
4,310
Sq.Ft.
1903
Year Built
2
Days on Site
12304218
MLS
$919,700
Neighborhood: Brookside (Heber)
4
Beds
3
Baths
3,493
Sq.Ft.
2023
Year Built
2
Days on Site
12304226
MLS
$3,360,900
Neighborhood: Red Ledges
4
Beds
1F33/411/2
Baths
4,031
Sq.Ft.
2023
Year Built
2
Days on Site
12304227
MLS
$1,747,000
Neighborhood: Shoreline
3
Beds
2F13/411/2
Baths
3,161
Sq.Ft.
2022
Year Built
3
Days on Site
12301890
MLS
Pending
389 E Kayak Dr Hideout,  UT 84036
$2,599,900
Neighborhood: Lakeview Estates
4
Beds
4F21/2
Baths
3,933
Sq.Ft.
2024
Year Built
3
Days on Site
12304207
MLS
$2,650,000
Neighborhood: Cascades At Soldier Hollow
6
Beds
3F13/411/2
Baths
6,005
Sq.Ft.
2016
Year Built
6
Days on Site
12304182
MLS
$2,890,000
Neighborhood: Francis
4
Beds
4
Baths
3,426
Sq.Ft.
2023
Year Built
9
Days on Site
12304171
MLS
$3,000,000
Neighborhood: Soaring Hawk At Hideout
4
Beds
4
Baths
3,346
Sq.Ft.
2024
Year Built
11
Days on Site
12304159
MLS
Pending
2868 American Saddler Dr Park City,  UT 84060
$6,500,000
Neighborhood: Fairway Meadows
5
Beds
4F21/2
Baths
5,404
Sq.Ft.
2023
Year Built
11
Days on Site
12304157
MLS

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