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New Construction – a Smart Move for First-Time Homebuyers

New Construction – a Smart Move for First-Time Homebuyers

New Construction – a Smart Move for First-Time Homebuyers

New Construction – a Smart Move for First-Time Homebuyers

Many first-time homebuyers might presume they’re better off going used rather than new—in other words, purchasing a pre-existing property rather than pricey new construction.

While it’s true that brand-new homes often come with a heftier price tag upfront, these properties can actually end up being a good—even great—deal for first-time buyers.

“It is true that new-construction homes, on average, are 10% to 15% higher in sales price than resale homes, but that doesn’t mean that they are less affordable,” says Bob Seeman, vice president of sales for New Homes at Realtor.com. “Simply put, total homeownership costs are more than a monthly mortgage payment alone.”

Here’s why first-time homebuyers shouldn’t rule out new construction, and how these opportunities can be a better deal than many might think.

Low inventory means first-time buyers should explore all options

In a housing market that’s still dealing with extremely limited inventory, the reality is first-time homebuyers can’t afford to dismiss this option.

According to the National Association of Realtors®, the inventory of existing homes on the market in December 2022 was at an all-time low of 910,000. That was a year-over-year decrease of 18%, and marks 31 straight months of declines in available homes.

“The housing shortage will get worse over the next year—we simply don’t have enough supply,” says John Hunt, chief analyst for MarketNsight.

For example, Hunt says, to get back to “normal” and meet demand, Atlanta alone would need 66,000 additional homes on the market over the next 12 months.

Compounding the problem is that homeowners who might normally sell aren’t doing so because they’re reluctant to buy a new home—and get a new mortgage—when interest rates are so high.

Translation: Unless you want to be waiting a long time to buy your first home, you should consider new-construction homes because there just aren’t enough homes of any kind to satisfy the current demand.

Builders can help first-time buyers with better financing

Let’s face it, price matters. That’s true whether you’re buying your first home or third luxury vacation property. The difference with a new-construction purchase, however, is you might be able to save money through builder incentives.

These promotions—meant to attract buyers to a certain development project—frequently come in the form of financing help, and this is what can make a new-construction home purchase workable for a first-time buyer.

“What many first-time buyers most need are cash to close and monthly payments that they can afford,” says Seeman. “Because many builders can offer financing through their company’s mortgage arm or through a lender affiliate, they have programs to help reduce the amount of cash a buyer needs to close on a home.”

A reduction in the initial cash outlay can make all the difference for a first-time homebuyer. Many builders are also currently offering much lower mortgage rates through their lenders as well in order to attract first-time buyers who would otherwise be priced out of the market.

“We’re seeing builders get creative with financing—offering rates as low as 4.99% to 5.99% right now, which is lower than what you’ll see for existing homes,” says Alex Toth, director of homebuilder partnerships at Opendoor.

Since mortgage rates spiked in October to over 7% for a 30-year fixed-rate loan for the first time in 20 years, this could indeed determine if a first-time buyer can qualify for a home or not.

Another benefit of working with a builder’s lender is that the lender is usually well-versed in FHA and VA loan options. These low or no-down payment loans might also be a huge benefit to first-time homebuyers trying to secure a mortgage if they qualify.

New-construction homes can save you money on utilities

Total homeownership costs include more than just a down payment and mortgage, but many first-time buyers forget that part of the equation.

“Even if a new home is 10% more than a resale home, new homes are built to the latest building codes, which set more stringent insulation and energy standards,” says Seeman. This means new homes might cost a buyer less in heating and cooling costs.

“Those efficiencies should help offset a slightly higher monthly mortgage payment,” adds Seeman.

Bill Samuel, owner of Blue Ladder Development, agrees.

“In most cases, a new-construction home will be considerably more energy-efficient than an older home since it was built to a higher standard of energy building code, so you’ll likely have lower utility expenses than an older, similar sized home,” Samuel explains.

However, Janice Glessner, the online sales and marketing manager for S&A Homes, suggests first-time homebuyers look for a builder that can offer proof of the home’s energy efficiency through a Home Energy Rating Score.

“This can translate to hundreds of dollars, even thousands, saved every year depending on where and how you live,” says Glessner.

New-construction homes often require fewer repairs—and come with warranties

Another way that a first-time homebuyer might save money by purchasing a new-construction home is through far lower maintenance expenses over the years since all of the components of the house are new.

“Older homes have hidden costs,” says Glessner. “For example, having to replace an HVAC system in an old home can cost thousands.”

But if something does go wrong with your new home, not only are there likely some manufacturer warranties in place, but many builders also include additional home warranties, which can save a first-time buyer from unforeseen expenses.

“Builder warranties usually come with multiple components,” explains Seeman. “For instance, a warranty may cover major appliances and systems—for example, plumbing, electrical—for two years, and structural defects for 10.”

Customization is cheaper than renovation

“Cost aside, a lot of first-time homebuyers are of the millennial generation, who are used to and expect customization in almost everything they do–and a new-construction home provides that,” says Toth. “From integrated smart home systems and technology to customizable finishes, today’s builders are giving first-time homebuyers a wealth of options.”

Numerous experts also agree that one of the biggest benefits of purchasing a new-construction home is the potential to customize the home to meet specific tastes. And this is also a financially savvy move since renovating a resale home can be costlier than new construction.

“Oftentimes a builder will have access to favorable pricing from its subcontractors and suppliers,” says Samuel. “So it is typically much more economical for them to perform upgrades during the construction process versus buying a property as is and hiring a retail contractor to make the requested improvements.

 

Experts in Residential Real Estate in Orlando

If you are buying or selling real estate it’s quiet often the single most important financial decision you make. For the last 30 years we have helped clients buying and selling property in Orlando and the surrounding areas. Put simply, this means the knowledge and expertise accumulated over this time ensures our clients get the best representation possible.

Our experienced agents will help and guide you through the entire process providing valuable support every step of the way.

Ready to make a Move?

Bardell Real Estate are the experts in helping you with your selling, buying or renting needs near Orlando, Florida. Make your Disney area experience a forever memorable one. Call us now to speak to a real estate agent.

 

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Amazing Luxury Clermont Home Just Listed

Amazing Luxury Clermont Home Just Listed

Amazing Luxury Clermont Home Just Listed

11146 CRESCENT BAY BOULEVARD, CLERMONT, FL

$1250000

4bed – 4bath – 0.4 acres lot
Property Video | Photos | Maps & Local | Schools | Print

Luxury living on the Clermont chain of lakes. Currently a second home, this beautifully maintained pool home in popular Crescent Bay was cleverly designed to maximize the water views whilst providing optimal living space inside the home. Pride of ownership shines through – enter the home into a tiled foyer, an archway leads to a formal dining room on the left and double French doors on the right lead to the living room, currently configured as an office. Straight ahead is a generous sized family room with custom built-in wall units and triple glass sliders offering your first glimpse of Crescent Lake. At the heart of the home is a gourmet kitchen with tower unit oven, flat top glass stove, double door fridge freezer and abundance of cabinets enhanced by beautiful granite counter tops.The breakfast dinette is ideally positioned to maximize the views of the lake whilst enjoying your morning coffee. The master bedroom suite features a tray ceiling and triple sliding patio doors providing a picturesque view of the Lake. The stunning en-suite features a large garden tub, oversized walk-in shower with two wall shower heads and rain head, dual sinks, walk-in closet and linen closet. Bedrooms 3 and 4 towards the front of the home share a house bathroom and bedroom 2, at the rear of the home features an ensuite bathroom that also doubles as a pool bath. At the end of a short corridor a large theatre room (pre-wired) has a full bathroom with walk-in shower, sink and toilet and walk-in closet – easily converted into 2nd master bedroom. Outside the covered lanai provides a place to relax while the extended, screened-in pool deck provides plenty of space to enjoy the Florida sunshine, entertain friends or relax in the inground heated pool and spa. The wooden dock with covered electric boat lift hosts the start of each adventure as you journey through the chain of lakes – waterski/wakeboard or cruise to a waterfront restaurant for dinner. Located minutes from downtown Clermont with a mixture of shops, eateries, lakefront walking, cycling path and more. Short driving distance to the turnpike, theme parks, shopping malls and golf course – ideal for Florida living

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Ready to make a Move?

Bardell Real Estate are the experts in helping you with your selling, buying or renting needs near Orlando, Florida. Make your Disney area experience a forever memorable one. Call us now to speak to a real estate agent.

 

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Details To Not Miss When Buying a New Home

Details To Not Miss When Buying a New Home

Details To Not Miss When Buying a New Home

Details To Not Miss When Buying a New Home

 

There are a variety of reasons many homebuyers prefer purchasing a brand-new home instead of an older home.

Some love the idea of moving into a home that’s never been lived in by anyone else. (Think of that crowd as the “new-car smell” aficionados of homeownership.) Others relish the opportunity to put their personal stamp on a home—tailoring the model, layout, and finishes to their particular tastes.

And then there’s the segment of buyers who are simply turned off by older homes that will likely require work and upkeep. They assume—rightly in most cases—that a newly built home will mean lower maintenance costs.

However, if you have your eye on a new home because you expect absolute perfection from Day One, think again. New-home buyers must be prepared for issues that might arise, according to John Heidenry, managing partner in Hoboken, NJ. He has been building luxury homes for nearly two decades.

New doesn’t equal perfection

Heidenry explains even new-construction homes present unforeseen issues a home inspection sometimes won’t catch. Remember: Every single thing in a brand-new home hasn’t yet been put to the test by daily usage.

Heidenry shared scary tales of high-end appliances (often convection ovens) that malfunctioned on the first use; water leaks that became apparent only after a first heavy storm; and scratched finishes that homeowners could not be certain they, their movers, or the builders may have caused.

Sarah Medina, seconds those sentiments. As a real estate professional who has sold new-construction homes—and as a homebuyer of a new build herself—she shared her own set of cautionary tales. Many of her horror stories involve clients who thought a home inspection wasn’t necessary for new-construction homes.

“It is!” Medina states emphatically.

“For starters, make sure everything is connected,” she urges. “I’ve received multiple phone calls from clients who bought in the dead of winter—and in the summer find the AC isn’t working. You don’t need an expert to see if a unit isn’t connected, but one definitely could have told you before you signed the closing paperwork.”

The same goes for appliances, plumbing, and heating—all the systems that make up the underpinnings of a sound home.

What does your warranty cover?

And as a new-construction buyer, Medina can’t emphasize enough the importance of thoroughly reading and understanding the builders’ warranty and knowing exactly what it covers.

“Many times it will cover nail pops and other very common cosmetic issues—but many times not,” she says.

Cosmetic details such as tile, paint, and trim deserve particular attention, adds Heidenry.

“Have any problems fixed before you close, as there can often be a disagreement down the line on whether the damage was caused by the client moving in or if it was preexisting,” he says. “It’s best to have everything 100% signed off on before the close, so there’s no question who is responsible for any damage.”

If you’re moving into a brand-new home, here’s a checklist of items our experts suggest you keep in mind.

1. Test all appliances

Your contractor and the professional installers who have been hired should be expected to install appliances to code. But they don’t put them to a real-use test.

Prepare yourself for potential issues.

“You wouldn’t believe how often we find that brand-new appliances do not work,” says Heidenry.

This is especially true in the kitchen, laundry room, and boiler room.

“Make sure the builder has turned the water on to the fridge/freezer for ice and water—and that the gas has been turned on for all of the gas-fired appliances, such as the stove, furnace, and dryer,” he says. “If there is a gas fireplace—check that, too.”

2. Don’t be alarmed

It is very likely that the furnace and oven will set off the fire alarms on their first use, warns Heidenry.

“They are coated in an oil that will burn off and trigger the smoke detectors,” he explains, adding that there’s no need to worry. “It’s really not a big deal. Just open the windows, and all will be well in several minutes.”

3. Watch the windows

Check to make sure all windows open and close properly.

“If they were installed off-plumb or off-level, they may not open or close correctly,” says Heidenry.

Also, check for any small cracks in the glass.

4. Peruse the paint

Examine the paint everywhere in the house. Last-minute repair jobs and touch-ups might have been completed, and you might not notice them until you’ve already moved in.

“Look from several angles and with the lights on and off,” Heidenry suggests.

5. Test the water temperature

Check that the water temperature is comfortable in all showers and tubs. Have the plumber adjust if necessary.

“The plumbing diverters may not let the water get hot enough,” Heidenry explains.

6. Eyeball the electrical

Are all the light switches straight? Off-kilter switch plates are common, Heidenry says. If they’re crooked, have the builder fix them before you close.

Also: “Make sure that your circuit breaker panel is labeled, so you’ll know which breaker is for what,” he adds.

7. Read up on the roof

Get a copy of the roof warranty. If the roof is going to leak, it will be after a first major storm, Heidenry says. But you should know what your warranty covers before a storm blows in.

Medina advises reading through all your warranties.

“The appliances and much of the subcontract work aren’t covered,” she says. “But your roof, foundation, framing, and finishings should be.”

8. Examine the elevator

If you’ve bought in a multifloor building, expect that the elevator may not line up with the floor the first time you use it. It’s nothing to be worried about.

“It’s actually not the weight of people that throws off the elevator,” Heidenry explains. “Because elevators are so computerized now, any little thing can put them out of service.”

Yours will need to be tweaked for everyday use, so anticipate a couple of months of adjustments before your elevator lines up smoothly, he says.

9. Focus on the finishes

Look for chipped tiles and scratched floors before you move in. Builders will rarely come back to fix those items, as they can be attributed to damage caused when moving in or homeowner use after final inspection, Heidenry says.

If you inspect ahead of time and damage appears after the fact, you’ll know to take it up with your mover’s insurance.

10. Hotfoot it across the floors

If a room has heated flooring, turn it on and make sure it works. This is another seasonal system that people forget about until the weather warrants its first use. Check it ahead of time to make sure it’s in working order.

11. Clock the cleaning

The builder should have your home professionally cleaned before the closing, but don’t leave that to chance. Make sure every room is clean, and open every cupboard and closet.

Come moving day, you’ll be fairly exhausted from organizing things; you won’t want to add one more thing to your to-do list.

12. Inspect the insurance

Finally, be sure to get a certificate of insurance from your moving company before moving day. Understand what it covers. Having already inspected everything yourself before closing, you’ll know that any damage prior to your first night in your new home will have happened during the move—and is hopefully covered by the mover’s insurance.

Ready to make a Move?

Bardell Real Estate are the experts in helping you with your selling, buying or renting needs near Orlando, Florida. Make your Disney area experience a forever memorable one. Call us now to speak to a real estate agent.

 

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Questions To Ask Before Hiring an Agent

Questions To Ask Before Hiring an Agent

Questions To Ask Before Hiring an Agent

Questions To Ask Before Hiring an Agent

 

Ready to buy a house? Then you’ll want to learn a few questions to ask a real estate agent—the go-to pro whose sole goal (at least as far as you’re concerned) is to help make your home-buying dream come true.

But not all real estate agents are created equal, which is why Peggy Yee, recommends interviewing at least three agents before deciding who you want by your side for this most important of all purchases. To help you figure that out, here are 10 questions to ask a real estate agent to suss out which one is right for you.

1. How long have you been a real estate agent?

You want a professional who knows the ins and outs of the business, and that level of knowledge comes only with experience. Look for someone with at least a few years in the business. If the agent is a rookie, ask him if he will receive hands-on guidance from a real estate broker in his office (a broker is someone who has taken real estate education courses beyond the agent level and often manages a team of agents).

2. What neighborhoods do you specialize in?

Your agent should be well-acquainted with the areas you’re interested in, so search for someone who can rattle off key info about your desired neighborhood, including home prices, schools, safety, public transportation, and cultural amenities.

3. What’s your schedule and availability?

Many real estate agents work only part time, which could present problems: What if a bidding war has just begun on the home you just have to have, or you encounter last-minute closing snafus? Ideally you want an agent who works full time or, if not, the agent should make it abundantly clear that urgent matters will be addressed if necessary (which leads to our next point).

4. Do you work independently or with a team?

Some people think real estate is a solo sport, but many agents work on a real estate team with other agents, an administrative assistant, and a team leader—and there are benefits to working with an agent who’s part of a pack. For example, if your agent is tied up and you need to see a property ASAP, someone else on the team can step in and show you the home, or handle last-minute problems in lieu of your agent.

5. What percentage of your business is working with home buyers?

While most agents help both home buyers and sellers, the very best tend to specialize in one or the other, since the specialities are quite different. To buy a home, you should team up with a buyer’s agent—someone who specializes in working with home buyers. A listing agent, by comparison, focuses on working with home sellers. Look for an agent with a buyer-to-seller client ratio of at least 7 to 3, or ideally higher.

6. How many homes did you help buyers close in the past year?

This question is specific, because you want someone who successfully helps people buy homes.

“There’s a big difference between ‘working’ with home buyers and actually selling people homes,” Yee points out.

7. How long does it typically take buyers you’ve worked with to find and purchase a home?

Buying a house takes time. In general it takes an average of 30 to 60 days to shop for a house, and 14 to 60 days to go from contract to closing. However, this number varies widely from area to area, and it’s crucial that you have a handle on how long it’ll take you. Yet you also don’t want an agent who drags his feet unnecessarily. Translation: If an agent says it typically takes six months to a year to buy a house, that’s a red flag you could end up frustrated.

8. How will you determine what homes may match my wants and needs?

A good buyer’s agent provides clients with a comprehensive questionnaire to help them pinpoint their home-buying criteria, so ask for this survey in advance. Also, your agent should be able to tell you whether your list of “needs” is realistically affordable in your area.

9. How many clients are you currently working with?

You want an agent who’s busy but not too busy: Anyone juggling much more than 10 clients might be too busy to provide you with high-quality, one-on-one service.

10. How will you keep in contact with me during the buying process, and how often?

Does your agent prefer to stay in touch mainly by phone, email, or text—and how about you? Generally it’s best if your agent’s preferred method of communication aligns with your own. If your agent’s a texter while you prefer an actual conversation on the phone (or vice versa), that could drive you both bananas.

You should also ask how often you two will be touching base. Navigating the home-buying process requires good communication between you and your agent, so you want an agent who will stay in touch and check in with you on at least a weekly basis. In a fast-moving market, your agent should be touching base with you daily, lest you miss out.

 

Experts in Residential Real Estate in Orlando

If you are buying or selling real estate it’s quiet often the single most important financial decision you make. For the last 30 years we have helped clients buying and selling property in Orlando and the surrounding areas. Put simply, this means the knowledge and expertise accumulated over this time ensures our clients get the best representation possible.

Our experienced agents will help and guide you through the entire process providing valuable support every step of the way.

Ready to make a Move?

Bardell Real Estate are the experts in helping you with your selling, buying or renting needs near Orlando, Florida. Make your Disney area experience a forever memorable one. Call us now to speak to a real estate agent.

 

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How Long Does a Home Seller Have To Respond To An Offer?

How Long Does a Home Seller Have To Respond To An Offer?

How Long Does a Home Seller Have To Respond To An Offer?

How Long Does a Home Seller Have To Respond To An Offer?

 

When you make an offer on a house, you might be wondering how long you can wait until you have to respond.

There’s nothing worse than sitting around waiting—especially when you’re waiting for someone to respond to your offer on the biggest financial decision of your life. Yeesh, it’s excruciating.

Unfortunately, waiting comes with the territory when you’re buying a house. But how long you have to wait is the bigger question. While there’s no official rule on how long a seller can take to get back to you, there is an industry standard that most real estate agents and sellers tend to follow.

Whether you just made an offer on a property or plan to in the near future, here’s everything you need to know.

Watch out! How long can a seller take to respond to an offer

In theory, sellers can take as long as they want before responding. But in practice? Most sellers (or their agents) will usually get back to you within a few days.

“As a courtesy, the Realtor® will notify the buyer’s agent when the seller responds regarding an offer,” says Benjamin Ross. As the seller’s agent, “we like to respond within 48 hours, but that also depends on when we get the seller’s response.”

Some agents have even stricter expectations when it comes to response time.

“Common courtesy dictates that a seller should respond within 24 hours or less,” says Karen Parnes. “This gives them the time to think about your offer, sleep on it, and respond.”

While 24 to 48 hours is the standard observed by many professionals in the industry, exceptions happen. Here are some of them.

When might it take longer for a home seller to respond

There are quite a few reasons why a seller might take longer than usual to respond to your offer. The first is if they received multiple offers.

“Typically, response time increases if there is more than one offer on the table,” says Ross. “Sellers may take their time to choose which offer is best for them.”

Another reason your offer might go unanswered is if it’s too low.

“If an offer is far from what a seller expected to receive, many times they won’t respond at all,” says Parnes.

Other times you might not hear back for a completely unrelated reason—such as the seller is out of town or on vacation.

Consider setting a time limit on your offer

If you’re concerned about how long a seller might take to respond to your offer, work with your agent to find out if you can set a contractual time limit on it. In some states these “offer time limits” are used by buyers and sellers to dictate how long the other party can take to respond.

“Offer time limits are defined in the contract in the state of Georgia,” says Katina Asbell, associate broker at Real Living Capital City Realty. “The ‘time limit of offer’ is the period of time the offer is active and open for response, and once it’s expired, the contract is void and a new offer must be presented.”

Whether or not your local legislature allows buyers to set time limits, Asbell cautions buyers to be strategic when using them.

“The time limit can be a critical part of defining a buyer’s success in negotiation,” she says. “If it’s too short, the seller may feel rushed or annoyed and give a harsh response. If it’s too long, then the buyer risks a multiple-offer scenario.”

Tips for a successful negotiation with home sellers

Ultimately, the process of getting an offer accepted is all about being a good negotiator—and for this you’ll want to work with an experienced real estate agent.

“The best success I have found in gauging appropriate and amiable timelines is a very open and honest conversation with the seller’s agent,” says Asbell. “Buyers haveone chance at a first impression and to set the stage for the remaining negotiation process, and timeline matters greatly in conveying this tone.”

 

Experts in Residential Real Estate in Orlando

If you are buying or selling real estate it’s quiet often the single most important financial decision you make. For the last 30 years we have helped clients buying and selling property in Orlando and the surrounding areas. Put simply, this means the knowledge and expertise accumulated over this time ensures our clients get the best representation possible.

Our experienced agents will help and guide you through the entire process providing valuable support every step of the way.

Ready to make a Move?

Bardell Real Estate are the experts in helping you with your selling, buying or renting needs near Orlando, Florida. Make your Disney area experience a forever memorable one. Call us now to speak to a real estate agent.

 

[formlift id=”36911″]

Details to NOT Miss When Buying a New Home

Details to NOT Miss When Buying a New Home

Details to NOT Miss When Buying a New Home

Details to NOT Miss When Buying a New Home

 

There are a variety of reasons many homebuyers prefer purchasing a brand-new home instead of an older home.

Some love the idea of moving into a home that’s never been lived in by anyone else. (Think of that crowd as the “new-car smell” aficionados of homeownership.) Others relish the opportunity to put their personal stamp on a home—tailoring the model, layout, and finishes to their particular tastes.

And then there’s the segment of buyers who are simply turned off by older homes that will likely require work and upkeep. They assume—rightly in most cases—that a newly built home will mean lower maintenance costs.

However, if you have your eye on a new home because you expect absolute perfection from Day One, think again. New-home buyers must be prepared for issues that might arise, according to John Heidenry. He has been building luxury homes for nearly two decades.

New doesn’t equal perfection

Heidenry explains even new-construction homes present unforeseen issues a home inspection sometimes won’t catch. Remember: Every single thing in a brand-new home hasn’t yet been put to the test by daily usage.

Heidenry shared scary tales of high-end appliances (often convection ovens) that malfunctioned on the first use; water leaks that became apparent only after a first heavy storm; and scratched finishes that homeowners could not be certain they, their movers, or the builders may have caused.

Sarah Medina seconds those sentiments. As a real estate professional who has sold new-construction homes—and as a homebuyer of a new build herself—she shared her own set of cautionary tales. Many of her horror stories involve clients who thought a home inspection wasn’t necessary for new-construction homes.

“It is!” Medina states emphatically.

“For starters, make sure everything is connected,” she urges. “I’ve received multiple phone calls from clients who bought in the dead of winter—and in the summer find the AC isn’t working. You don’t need an expert to see if a unit isn’t connected, but one definitely could have told you before you signed the closing paperwork.”

The same goes for appliances, plumbing, and heating—all the systems that make up the underpinnings of a sound home.

What does your warranty cover?

And as a new-construction buyer, Medina can’t emphasize enough the importance of thoroughly reading and understanding the builders’ warranty and knowing exactly what it covers.

“Many times it will cover nail pops and other very common cosmetic issues—but many times not,” she says.

Cosmetic details such as tile, paint, and trim deserve particular attention, adds Heidenry.

“Have any problems fixed before you close, as there can often be a disagreement down the line on whether the damage was caused by the client moving in or if it was preexisting,” he says. “It’s best to have everything 100% signed off on before the close, so there’s no question who is responsible for any damage.”

If you’re moving into a brand-new home, here’s a checklist of items our experts suggest you keep in mind.

1. Test all appliances

Your contractor and the professional installers who have been hired should be expected to install appliances to code. But they don’t put them to a real-use test.

Prepare yourself for potential issues.

“You wouldn’t believe how often we find that brand-new appliances do not work,” says Heidenry.

This is especially true in the kitchen, laundry room, and boiler room.

“Make sure the builder has turned the water on to the fridge/freezer for ice and water—and that the gas has been turned on for all of the gas-fired appliances, such as the stove, furnace, and dryer,” he says. “If there is a gas fireplace—check that, too.”

2. Don’t be alarmed

It is very likely that the furnace and oven will set off the fire alarms on their first use, warns Heidenry.

“They are coated in an oil that will burn off and trigger the smoke detectors,” he explains, adding that there’s no need to worry. “It’s really not a big deal. Just open the windows, and all will be well in several minutes.”

3. Watch the windows

Check to make sure all windows open and close properly.

“If they were installed off-plumb or off-level, they may not open or close correctly,” says Heidenry.

Also, check for any small cracks in the glass.

4. Peruse the paint

Examine the paint everywhere in the house. Last-minute repair jobs and touch-ups might have been completed, and you might not notice them until you’ve already moved in.

“Look from several angles and with the lights on and off,” Heidenry suggests.

5. Test the water temperature

Check that the water temperature is comfortable in all showers and tubs. Have the plumber adjust if necessary.

“The plumbing diverters may not let the water get hot enough,” Heidenry explains.

6. Eyeball the electrical

Are all the light switches straight? Off-kilter switch plates are common, Heidenry says. If they’re crooked, have the builder fix them before you close.

Also: “Make sure that your circuit breaker panel is labeled, so you’ll know which breaker is for what,” he adds.

7. Read up on the roof

Get a copy of the roof warranty. If the roof is going to leak, it will be after a first major storm, Heidenry says. But you should know what your warranty covers before a storm blows in.

Medina advises reading through all your warranties.

“The appliances and much of the subcontract work aren’t covered,” she says. “But your roof, foundation, framing, and finishings should be.”

8. Examine the elevator

If you’ve bought in a multifloor building, expect that the elevator may not line up with the floor the first time you use it. It’s nothing to be worried about.

“It’s actually not the weight of people that throws off the elevator,” Heidenry explains. “Because elevators are so computerized now, any little thing can put them out of service.”

Yours will need to be tweaked for everyday use, so anticipate a couple of months of adjustments before your elevator lines up smoothly, he says.

9. Focus on the finishes

Look for chipped tiles and scratched floors before you move in. Builders will rarely come back to fix those items, as they can be attributed to damage caused when moving in or homeowner use after final inspection, Heidenry says.

If you inspect ahead of time and damage appears after the fact, you’ll know to take it up with your mover’s insurance.

10. Hotfoot it across the floors

If a room has heated flooring, turn it on and make sure it works. This is another seasonal system that people forget about until the weather warrants its first use. Check it ahead of time to make sure it’s in working order.

11. Clock the cleaning

The builder should have your home professionally cleaned before the closing, but don’t leave that to chance. Make sure every room is clean, and open every cupboard and closet.

Come moving day, you’ll be fairly exhausted from organizing things; you won’t want to add one more thing to your to-do list.

12. Inspect the insurance

Finally, be sure to get a certificate of insurance from your moving company before moving day. Understand what it covers. Having already inspected everything yourself before closing, you’ll know that any damage prior to your first night in your new home will have happened during the move—and is hopefully covered by the mover’s insurance.

 

Experts in Residential Real Estate in Orlando

If you are buying or selling real estate it’s quiet often the single most important financial decision you make. For the last 30 years we have helped clients buying and selling property in Orlando and the surrounding areas. Put simply, this means the knowledge and expertise accumulated over this time ensures our clients get the best representation possible.

Our experienced agents will help and guide you through the entire process providing valuable support every step of the way.

Ready to make a Move?

Bardell Real Estate are the experts in helping you with your selling, buying or renting needs near Orlando, Florida. Make your Disney area experience a forever memorable one. Call us now to speak to a real estate agent.

 

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