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New Construction
Welcome > For Buyers > New Construction ...

Buying New Construction

New home communities are more popular than ever! With good reason – new home builders are using popular, open floor-plans, including appliances, sod, and blinds, and helping make it easier than ever to get into a new home with little or no money. New home transactions typically seem a lot easier, as well. If a buyer chose to, they could get through a new home transaction without contacting anyone except the on-site sales agent! However, this would open you up to HUGE losses. Take these simple steps to protect your self in a new home transaction, and to ensure that yours is a success.

  1. Use a Realtor Who Has New Home Sales Experience

    Many people think that they can save money by not using, or don’t need the services of a Realtor when buying a new construction home. This couldn’t be further from the truth! New homebuilders typically try to monopolize a transaction – they only give you their attractive incentive packages if you agree, in writing, to use their lender, their title company, and sometimes even their insurance company! A Realtor will walk you through the transaction and will make sure that you’re protected every step of the way. If you’ve agreed to use the builder’s lender, your Realtor will make sure that you get a fair interest rate & fair closing costs. Your Realtor will know what the industry standards are, and will make sure that the builder doesn’t try and stretch beyond these. And best of all, a Realtor with a lot of new home transactions under their belt will have established relationships with your homebuilder. Because of this, the homebuilder will be on their “best behavior.” The homebuilder doesn’t want to run the risk of getting a bad reputation in the Realtor community, who can potentially bring the builder lots of homebuyers in the future.

 

Nine Factors Drive Overall Satisfaction with Home Builders
% Contribution to Overall Satisfaction

Builder’s Warranty/Customer Service

16%

Construction Manager

15%

Builder’s Sales Staff

13%

Home Readiness

13%

Price/Value

12%

Workmanship/Materials

10%

Recreational Facilities

8%

Builder’s Design Center

7%

Location

5%

Source: J.D. Power and Associates 2007 New-Home Builder Customer Satisfaction Study SM



Builder Customer Satisfaction Ratings in DFW
Provided by J.D. Power
Portrait Homes
First Texas
History Maker
KB Home
D.R. Horton
Wall Homes (Newmark)
Plantation (MHI)
K. Hovnanian
Choice Homes
Ashton Woods
Meritage Homes
Paul Taylor
Beazer
Landstar Homes
Mercedes Homes
Ryland Homes
Standard Pacific Homes
Drees Custom
Kimball Hill Homes
Lennar Homes
Horizon Homes
David Weekley Homes
Sotherby Homes
Highland Homes
Darling
Pulte Homes
Centex Homes
Fox & Jacobs
Huntington
Award Recipient
Goff
Grand Homes
Gehan Homes
Del Webb
Morrison Homes

Scoring Legend

 Among the best        Better than most        About average        The rest

Please note that J.D. Power Consumer Center Ratings may not include all information used to determine J.D. Power and Associates awards.

Builder Overall Design Ratings
Provided by J.D. Power

Portrait Homes
Gehan Homes
Del Webb
History Maker
Choice Homes
Grand Homes
D.R. Horton
Morrison Homes
KB Home
Plantation (MHI)
K. Hovnanian
First Texas
Beazer
Wall Homes (Newmark)
Horizon Homes
Ryland Homes
Lennar Homes
Ashton Woods
Mercedes Homes
Standard Pacific Homes
Drees Custom
Kimball Hill Homes
Paul Taylor
Meritage Homes
David Weekley Homes
Fox & Jacobs
Centex Homes
Pulte Homes
Highland Homes
Sotherby Homes
Darling
Huntington
Award Recipient

Scoring Legend

 Among the best        Better than most        About average        The rest

Please note that J.D. Power Consumer Center Ratings may not include all information used to determine J.D. Power and Associates awards.

Builder Overall Quality Ratings
Provided by J.D. Power

Goff
Del Webb
D.R. Horton
Morrison Homes
Portrait Homes
Choice Homes
K. Hovnanian
Beazer
KB Home
Paul Taylor
Pulte Homes
Plantation (MHI)
Ashton Woods
Standard Pacific Homes
Gehan Homes
Kimball Hill Homes
First Texas
Grand Homes
Wall Homes (Newmark)
David Weekley Homes
Landstar Homes
Lennar Homes
History Maker
Horizon Homes
Meritage Homes
Ryland Homes
Mercedes Homes
Darling
Drees Custom
Highland Homes
Centex Homes
Fox & Jacobs
Sotherby Homes
Huntington
Award Recipient

Scoring Legend

 Among the best        Better than most        About average        The rest

Please note that J.D. Power Consumer Center Ratings may not include all information used to determine J.D. Power and Associates awards.


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Real Estate Tips
First Time Buyers >Inspection Contingencies

Many of today's purchase offers include a contingency clause that allows the buyers to hire a home inspector or professional expert to inspect the property. If there is a significant defect in the property, the buyer can cancel the contract without losing the earnest money deposit. Contingencies are excellent procedures that protects both the buyer and the seller.

The time period for inspection contingencies is negotiable. In most parts of the country, the buyers have about a week in which to cancel the contract if the structural inspection reveals a serious and consequential defect. The positive side to such contingencies is that the inspection usually addresses--and overcomes--the buyers' misgivings, and confirms their decision to move ahead with the purchase.

See All Tips In The "First Time Buyers" Category >
See Complete Library Of Hundreds Of Tips In 30+ Categories >

Real Estate Trivia
Q 
What is a "smart home"?

A 
A "smart home" is equipped with structured home wiring packages that control the home's systems via networked technologies.
See More Real Estate Trivia >


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The Pescatore Avrit Team, REALTOR®, real estate agent and broker for Allen, Plano and Wylie, Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

The Pescatore Avrit Team
Keller Willimams Preston Road

18383 Preston Road suite #150
Dallas, Tx 75252
214-417-3621
Fax: 972-732-6003
terripescatore@NUMBER1EXPERT.com

The PescatoreAvrit Team is a top notch team specializing in Collin County real estate.

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