6 THINGS TO KNOW BEFORE BUYING A NEW CONSTRUCTION HOME IN COLLIN COUNTY

 

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Buying a new construction home in McKinney, Frisco, Plano, and Allen can be stressful but it doesn’t have to be overwhelming. Purchasing a new home has its advantages and cons. However, if you decided it’s right for you then it’s time to learn about the process from start to finish.

If you’re interested in buying a new construction home in Collin County, stand firm on these 6 steps:

1. CONTACT ME, YOUR BUYER’S AGENT

Ask anyone who’s purchased a new construction home, they will tell you it’s a tricky process. So the place to start is with a great agent. Builders have sales representatives who assist you though the process. Be advised, those representatives are hired by the builder to protect the best interest of the builder, not your best interest. A buyers agent represents you and your best interest and will place it above the interest of the builder. A buyers agent will also save you money and hassle.

Traditionally a buyers agent is paid by the seller. So when purchasing through a builder, the builder will pay me directly. It won’t cost you any money. I will save you thousands more than my commission by negotiating and facilitating the sale for you.

2. APPLY FOR A MORGAGE LOAN

This is very important when purchasing a home. You can’t buy a home without knowing what you can comfortably afford. Apply for a mortgage, take your time to decide what type of loan is best for you. Your loan rep is the expert on the financing aspect of the sale. Don’t hesitate to get complete clarity before selecting which terms to use. Once approved, ask your loan representative to send the loan approval notice to me for proof of your buying power.

3. SCOUT YOUR CHOICES

The first step when looking for a home in Collin County is to determine which city or area is the best fit for you and your family. I have several resources for you to make the decision easier. Allen and McKinney have been voted the best place in America to live and raise kids. The schools in Frisco are second to none. Plano has the lowest crime rate. So you can’t go wrong with  any of the cities. They all compliment one another. The area is growing like wild flowers. Check out the Southern Hills neighborhood in Craig Ranch by Ashton Woods builder. It will also be a great idea to browse the builders websites. Drive the neighborhood and ask the new home owners their thoughts on living there.

4. SIGN THE CONTRACT

This is the most stressful phase as people have a hard time signing contracts. Long gone are the times, a handshake sealed the deal. If you’ve adhered to the initial steps I’ve given, relax  and trust yourself. Don’t fret, be decisive, trust your Realtor, and agree to the terms so that you may enter the next step of designing.

5. CUSTOMIZE YOUR HOME

This is the most exciting part! You have the authority to design and build your home from the ground up. Take note, the more you customize your home, the more the price increases. It’s good to make a mental note that this is where the builders profit. I can help you decipher which upgrades and customizations are great deals from the builder and which ones you can do for yourself at a better price.

6. VISIT THE SITE REGULARLY

I know you’re thinking why should I be there babysitting. The truth is you can’t afford not to. You may not know much about the construction phase but if the builders and their office staff get acclimated with seeing your sweet face monitoring your asset, the less likely someone will drop the ball and be inclined to skimp. I will also make appearances on your behalf.

7. GET AN INSPECTION

Most conclude if they’re buying new, one can skip the inspection process. However, I strongly recommend purchasing an inspection. Homes are popping up like popcorn and this should be mandatory. Hire someone who evaluates homes for a living to give you their advice.

8. SEAL THE DEAL

It’s time for new beginnings! This is the time to attend closing and get the keys to your new home. During this final process, the transfer of ownership takes place. You’ll need to bring your drivers license and certified funds in the amount given by your loan representative in the form of a cashiers or travelers check.  I don’t recommend wiring funds as this typically makes the process more complicated. Imagine awaiting a middle man to confirm and approve that the funds are available. The last thing you’d want is to be sitting in the title company’s office twiddling your thumb waiting for the funds to be processed as title can’t give you the keys until the funds are totally transferred.

My names is Natasha Briggs, I’ve practiced real estate for several years. I’m a native Dallas Texan and reside in McKinney, Texas with my family of five. I am a new home builder specialist and I’m committed to facilitating the successful purchase of your new construction home. However, if you are looking for a resale home, I can help as well. Should you have any questions or comments, do not hesitate to call me.

I’m very social, please follow me on a Facebook, Twitter, and Instagram. I also post YouTube videos to educate my clients.

God Bless,

Natasha Briggs, Realtor

214-732-4512

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