Many buyers find themselves walking into a beautifully furnished model home and quickly signing on the dotted line, not realizing they might have left valuable incentives on the table and worse, not understanding the process at all. Possible incentives can include free upgrades, appliances, or even cash. However, the most significant thing they miss out on is the guidance of working with a licensed real estate agent—someone who truly understands the buying process.
But if you decide to go it on your own, here are some helpful tips and questions to ask.
ASK: for a detailed list of what's included in the home. The model home is usually full of upgrades and features that are not standard on every home. If there's something you love about the model ask the sales agent if it's included in the home you're buying.
ASK: To see previous sales of the same floor plan to help guide you on pricing.
ASK: If there are any additional upgrades or incentives you may qualify for
ASK: About the builder's policy on Earnest Money Deposits
ASK: About the financing policy and what could happen if the financing was to fall through.
ASK: For a clear list of any deadlines you and the builder will need to meet. Such as completion dates, closing dates etc.
ASK: About warranty information
ASK: If and when you can get your own third-party inspection done.
ASK: If the home has not been completed yet. Ask to see the lot
If you're seeking expert guidance in your home search or need advice on the buying process, give me a call. I'm here and ready to help!
