Home Buyers - Buy New It's Time


Steps to Follow When Building a New Home


If you’re in the market for a new home, you should shop for your builder as carefully as you shop for your home.Whether you are buying a condo, a townhouse, a house in a subdivision, or a custom built house, you want to know that you are buying a good quality home from a reputable builder. Here are a couple of tips to help you choose a builder.

Make a List of Possible Builders

Once you have thought about the type of house you want, you will need to find a builder.

  • Contact the Builders League to obtain a list of builders who construct homes in your area.
  • Look in the real estate section of you local newspaper for builders and projects.
  • Looking through the ads and reading the articles can help you to learn which builders are active in your area, the types of homes they are building, and the prices you can expect to pay.
  • Make a list of builders who build the type of home you’re looking for in your price range.
  • Local real estate agents may also be able to help you in your search. Ask friends and relatives for recommendations.
  • Ask about builders they have dealt with directly, or ask them for names of acquaintances who have recently had a good experience with a builder.


Do Your Homework


Once you have a list of builders, how can you find out about their reputations and the quality of their work? The best way to learn about builders is to visit homes they have built and talk with the owners.

  • Ask builders on your list for the addresses of their recently built homes and subdivisions. Builders may even be able to provide names of some home owners who would be willing to talk with you.
  • Drive by on a Saturday morning when home owners may be outside doing chores or errands. Introduce yourself and say you are considering buying a home from the builder who built their home. Talk to several owners, and try to get a random sample of opinions. The more people you talk with, the more accurate an impression of a builder you are likely to get. At the very least, drive by and see if the homes are visually appealing.
  • When you talk to builders and home owners, take along a notebook to record the information you find and your personal impressions about specific builders and homes. Doing so will help you to make comparisons later.
  • Some questions you can ask people include: Are you happy with your home? If you had any problems, were they fixed promptly and properly? Would you buy another home from this builder?
  • Usually, people tell you if they are pleased with their homes. And if they are not, they’ll probably want to tell you why.


Shop For Quality and Value


Look at new homes whenever you can. Home shows and open houses sponsored by builders are good opportunities to look at homes. Model homes and houses displayed in home shows are often furnished to give you ideas for using the space. You may also ask a builder to see unfurnished homes.

When examining a home, look at the quality of the construction features. Inspect the quality of the cabinetry, carpeting, trimwork, and paint. Ask the builder or the builder’s representative a lot of questions. Get as many specifics as possible. If you receive the answers verbally rather than in writing, take notes. Never hesitate to ask a question. What seems like an insignificant question might yield an important answer.
 

 


 

Buy New It's Time offers information on housing market in South Jersey

The Builders League of South Jersey has launched Buy New It’s Time, a public information campaign in 2008 to address some of the misconceptions about the housing market in southern New Jersey. Developed in response to buyers’ concerns about the stability of the region’s real estate market as compared to the national market, the campaign seeks to provide potential homebuyers with the information they need on South Jersey real estate market to decide if now is the right time for them to buy a new home. 

The www.buynewitstime.com website offers a series of interviews with housing industry experts and homebuyers who bought a new home in South Jersey in the last two years. The Consumer Information section offers plenty of answers to consumers’ toughest questions about buying a new home today. The campaign also hosts a series of Builders League podcasts with housing industry experts discussing real estate market conditions and national housing news.