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Buying a Home: Why You Need a Real Estate Attorney


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Buying a Home: Why You Need a Real Estate Attorney

When I bought my first home, I basically signed whatever was placed in front of me. The idea of becoming a homeowner overshadowed any concerns that I might have. Besides, the agent seemed to know just what needed to be done. It was only later that I learned there was some confusion about the location of the property lines. Two years and several thousand dollars later, I finally got things straightened out. When I bought my second home, you can bet that I had a real estate attorney by my side. Everything was checked and double-checked before I signed anything If you are thinking about buying a home, take nothing for granted. Let me tell you more about my experience and why you need your own legal counsel. In the long run, you'll save a lot of time and trouble.

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4 Mistakes To Avoid When Shopping For A Brand-New Home

There are many reasons that you may be looking to buy a new construction home. For many, having a brand-new home that's never been lived in is very appealing, whereas others may enjoy the peace of mind in knowing everything in the home is brand-new, with major appliances/components still under warranty.

Still, before you purchase a brand-new home, there are some common mistakes you'll want to avoid to ensure that you end up in your dream home!

Assuming You Have to Wait

Often times, buyers will equate buying a new construction home with waiting months or even up to a year before they'll be able to move in. While this may be true if you want to design a home from scratch, you should also consider exploring new-build options that have already been completed by the builder. These "quick move-in" homes can be a great option for those who want a brand-new house without the wait.

Failing to Negotiate

Keep in mind that negotiation isn't just a possibility when you're buying a pre-existing home. Many builders are willing to negotiate at least to some extent. For example, you may be able to get your closing costs included with the purchase price of the home; this is not uncommon at all in new builds. Sometimes, you can even get builders to throw in upgrades, such as better appliances or even nicer flooring.

Not Working with an Agent

Don't make the common mistake of foregoing a real estate agent when buying a brand-new home. While it may seem like you don't need representation, a real estate agent who has specific experience with new builds will be able to help you out through the entire process. From negotiating with builders to making sure construction on your new home is moving along according to plan, there are many reasons to have a real estate agent on your side.

Foregoing the Inspection

Finally, remember that you still have the right to schedule a final walk-through and inspection before you sign off on your new home! This is something your real estate agent will likely recommend to you. And while there's not likely to be anything "wrong" with your brand-new home, these inspections are worth the peace of mind.

By avoiding these common mistakes as you prepare to buy your first brand-new home, you'll be in a great position to move into the home of your dreams!

For more information, contact a company such as Village Concepts Realty Group.