New Construction Buyer's Checklist
Before signing a contract, research builder reputations through online reviews, BBB ratings, and by visiting completed communities. Examine warranty coverage—structural (10 years), systems (2 years), and cosmetic (1 year) are standard. Request detailed specifications of included features versus upgrades, and get all promises in writing. Understand the timeline, including potential delays due to weather, supply chain issues, or permit approvals.
Hire an independent inspector for pre-drywall and final inspections, even with new construction. Review HOA documents carefully, noting fees, restrictions, and future increases. Confirm utility providers and estimated costs. Visit the site regularly during construction to document progress. Prepare for closing costs, which may include impact fees and transfer taxes. Consider working with a real estate agent experienced in new construction to navigate builder contracts.