What
to look for
in
a new home builder
Buying a new home is
a big decision and you want to get full value for your investment. This
means choosing an established and reputable builder - someone you can trust,
someone who has the technical skills and knowledge to build a good home,
and someone who will deal with you fairly and professionally.
Fortunately, there
are many good builders around, and with a little effort you will have no
trouble finding someone who is right for you. Before you enter into a legal
agreement with anyone, you should do a little qualifying of your own: Is
this the kind of company that you want to do business with, and how can
you be sure that you will get the home and the service you want? Here are
some questions you may want to ask:
Is home building your
profession? Home building is a serious business. It takes commitment to
keep up with everything going on in the industry. It requires solid business
skills and a track record of satisfied clients. If a "builder" proposes
to build your home as a part-time job, you should proceed with caution.
If this "builder" offers you a "better" financial deal, you need to wonder
if you will really save in the long run - the old adage that you usually
get what you pay for holds true for home buying as well.
What is your experience
and how long have you been in business? Good builders are proud of their
track record and they will be happy to tell you about their experience,
their strengths and what sets them apart from others. They will be honest
with you about what they can do for you, when and for how much.
Are you a member of
the Builder's Industry Association (BIA)? Membership in the Association
is an indication of a builder's commitment to the industry, to the success
of their own company and, ultimately, to their customers. Members voluntarily
adopt a Code of Ethics which calls for fair and honest dealings with both
consumers and the people they do business with.
What after-sales service
does your company provide? Professional builders stand behind their homes
with an after-sales service program to correct minor problems that may
occur with your new home. Ask how the program works, how home owners request
service, and how quickly service problems are resolved normally.
Would we get a warranty
with our new home? New home warranty programs vary across the country,
but they all have one common goal: to provide protection for the home buyer's
investment. In some regions, there is a variety of warranties available.
Ask builders to explain the details-you want to make sure you get the warranty
that best meets your needs, both now and in the long term.
Will you give us references
from your past clients? Professional builders are pleased to provide references.
Contact past customers to find out how satisfied they are with their homes.
Ask if they were completed on budget and on time, what the builder was
like to work with (easy to talk with, understanding, helpful), and about
the company's after-sales service.
Can we visit your work
site? The work site offers many clues about the company and the quality
of the builder's homes. Ask for a tour of a home under construction and
a chance to meet the site crew. Take note of details: Is the site clean
and well organized? Are materials properly stored, out of the weather?
Is your overall impression of the site and workers positive?
Remember that when
you buy a home you are also "buying" the builder-you need to pay as much
attention to choosing the right builder as you do the right home. Taking
the simple steps suggested here will give you the information you need
to choose a builder with confidence.
CONTENTS:
What
to look for in a new home builder
Why
choose a professional?
Check
out the builder as well as the home
Be
clear about what you want