Need help with brand-new house

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In two years, I should have enough money saved for a house because of all the overtime I'm getting (55-60 hour weeks). My town is building brand-new houses in a development. I want to buy one of those, but I don't know what the process is like. All I know so far is that I need to get a mortgage approval, select a lot, and put down a deposit. What else do I have to do?

Once you have found the mortgage pre-approval it is time to go out there and look at the different builders in your town new development. It is often a great idea to visit the model homes for it is often possible to see the layouts in question and better ascertain the finishes used by the firm in question. That’s how you find out what you like here!

After you select a lot and make your initial payment, you then move and sign a sales and construction contract with the builder. That is when it hits the real…whatever you want to call it. You may likely select some of your finishes such as flooring and colours of paints, which is rather exciting. But, for the reminder just ensure that you conduct final check up just before closing to ensure that everything is in order. It is also helpful to have a real estate agent who can give a briefing about new builds, it is much easier to engage their services and discuss with them about what you want and they can definitely help you out in the negotiation process also

Retain a good building inspector, one that is recommended to you by someone you respect.

It may cost a lot, but it will be worth it.

An experienced pro can tell whether a house is well-constructed or not.

I hired one before buying the house I'm in right now. He missed some stuff. but it was a foreclosure and I got the house fairly cheap. It has not risen that much in price since the time I bought it. I have had to make a lot of repairs, and there are still things that need repairing, it is just a constant maintenance cost because the house was poorly designed with a focus on using cheap materials and cheap labor.

Continue saving for maintenance and repairs. Stuff will break. Over time the roof and driveway will need to be replaced. All part of owning your own home.