Avoid the hassles on the road to your dream home
One of the unforeseen ripple effects of the worldwide pandemic is an increase in disposable income for some Canadians, as items like travel plans and large group gatherings (i.e. weddings) have been pared down.
If you are looking to take advantage of this unique season to finally build your new home, here are some important tips to smooth the process:
The More You Know
Make sure to research the builder. Most builders will have gained a reputation for their work and customer service. Check online reviews and public records to make sure there are no pending lawsuits against them. If possible, check out other houses they have built to see for yourself.
Location, Location, Location
Do your diligence to learn about the area. Find a lot that fits your needs in its proximity to amenities, neighbours, and walking paths. Keep in mind future development and how that can affect your view and noise levels.
Let's Make a Deal
This is a key way that Lynne and I can help. Our 30+ years of experience and negotiating skills can ensure the best deal possible with the builder. While many builders are reluctant to move on the price because of the precedent it sets, upgrades and closing costs are areas that you can often make gains. Make sure to consider resale value when choosing your upgrades.
Know Your Rights
Thoroughly read the contract and warranty to make sure that you are getting everything you ask for. All negotiated upgrades should be in writing. Budget for the parts of the development that are your responsibility (e.g. landscaping). For peace of mind, clarify the claims process for the warranty. As YOUR REALTOR® we can help you make sense of these documents.
Stay Safe and Good Luck!