Have you noticed the number of new construction homes going up lately? A recent report by The U.S. Census Bureau and US Department of Housing and Urban Development (HUD) showed single-family home building permits up almost 5%.

The process of building a new home can be stressful; there are lots of decisions to be made and obstacles to overcome.

Here are some useful tips to keep stress at bay when building a new home.

1. Get pre-approved for a loan. Make sure that you do all the steps necessary to put the proper loan in place. You will need to fill out a mortgage application and provide the necessary documentation to check your financial background and credit rating. This process will let you know exactly how much you can afford to spend. You will also need to make sure your lender knows you are planning on purchasing new construction.

2. Do your homework. Check the reputation of your builder. You can search for information online, contact the better business bureau or ask your friends for recommendations. If you are building in a subdivision you may want to ask some neighbors who have already moved in about their experience.

3. Watch you budget. The advertised price of a new home is rarely the final price. The price can escalate quickly when you start upgrading the standard flooring, cabinetry or lighting. Plan on how much you can afford to spend before you start upgrading and budget accordingly.

4. Don’t forget about resale. You may love the upgraded plumbing and light fixtures but know that those things rarely bring in a good return. You will not be the last owner of your home. Be mindful not to add so many upgrades that you overprice your home for the neighborhood.

5. Keep the lines of communication open. Communicate with your builder, ask questions and make sure you know where your money is going. You may want to keep a running list of quotes for extras and upgrades. Be comfortable asking even the simplest questions.

6. Be prepared for delays. Building a home can be a long process. Depending on the size of your home it can take anywhere from three months to a year or more. Get an estimate of when the building of your new home will be completed and plan accordingly.


Date: 04/25/2015 Time: 1:00 PM to 3:00 PM  
For Directions: click on the map image or feel free to contact me.  
For more information: click here for the full details  

REDUCED!! Updated Colonial on large corner lot in great neighborhood where you can enjoy economical, toasty warm winters with gas heat plus TWO VT. casting gas stoves AND fun summers cooling off in the in-ground pool or lounging and sunning on the private back deck! Pool has newer lining and pool pump! Hardwood & tile floors found throughout the first floor. Custom built-in shelving & window seat in Living room. New granite counters and stainless steel appliances in kitchen w/customized breakfast bar and pass-thru to formal Dining Room. Spacious bedrooms and Master Suite has not 1 but TWO walk-in closets. A large finished lower level family room also has a VT Casting gas stove. Laundry area and great storage space with lots of built in shelving. The Over-sized 2 car garage has room for bikes, mower etc plus there is a full room over for even more storage or future finished space. You don’t want to miss this one!! Close to all amenities and great school district.

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