When considering the purchase of a new construction property, it’s important to take steps to ensure that you are getting the best possible deal. Keep in mind that everything is negotiable! You may be eligible for a range of benefits, including a VA discount, closing costs, prepaids, mortgage interest rate buy-down, manufacturing warranty, structural/contractor warranty, roof warranty, survey, elevation certificate (if required), and a termite bond at the time of closing.
To further protect your investment, it’s wise to review all HOA restrictions in the neighborhood and schedule an inspection that includes a Punch List to ensure that everything meets your standards. New constructions may also result in lower insurance bills, and a 4pt and wind mitigation report may not be required for insurance quotes.
Take control of your investment and make the most of your purchase – you deserve the best!
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