Statistics from the National Association of REALTORS® (NAR) in 2021 show that the first two steps homebuyers usually take are to look at properties online (41%) and contact a real estate agent (19%). This is expected since real estate websites allow you to view listings remotely, and real estate agents provide help when you need more details about the property.
However, no matter how helpful websites and agents may be, the search will be as stressful as it can be if you aren’t clear about what you want specifically with your new home. This is especially true when you’re in the market for new home developments that aren’t finished yet.
Here are a few tips when finding a home before completion.
Ideal Home Wish List
Having a wish list can help you a lot in home hunting, especially if you’re looking to buy a property before its completion. Be precise when you identify the following:
- What is your budget?
- What area do you want to live in?
- What type of home do you need: condo/detached/single-family home?
- How many floors and rooms do you need?
- Do you need a yard for your kids?
- What about the surroundings of the new place?
- Is there a school nearby?
When you have a clear image of the home and environment you want, it will be easier to find options that satisfy your need and preference.
Purchasing During Construction
Once you have a clear idea of your ideal home, look for property developments under construction, make an appointment with their agents or REALTORS®, and discuss all the details. Many homes in the process of building will meet your criteria, so it’s possible to find a home before it’s completed.
The good news is that you don’t have to wait for construction to finish. The moment you decide on getting the house, you can purchase it and agree on the rest of the details during construction. This way, you can be part of the process of building your home and can follow its progress. In some developments, you might even be able to offer your ideas on what your home should look like.
During the construction phase, the company conducts various inspections. But it wouldn’t hurt if you did one on your own. The truth is, even newly constructed houses may have some issues. You may hire a professional to inspect so you can be assured of a safe and durable home.
The day you move to your new home, your money will be transferred to the seller’s agent. There are many things to consider once your home is ready to move in:
- Check if everything is according to your plans and instructions.
- Notify everyone that your address has changed.
- Pick up the keys from your new home.
- Make sure that all the paperwork is signed and completed.
Once you have done everything, prepare to move. It is the last step in the process of buying.
Blue Pacific Real Estate: Responsive, Supportive, and Knowledgeable
Finding a real estate agency with solid communication capabilities and a positive work ethic is essential. Blue Pacific Real Estate exhibits both in helping you find an ideal home.
We work with new construction every day and have a long history of real estate knowledge – from brokerage to home staging and property development.
Contact us, and we will guide you. Our goal is to make you ecstatic about your new home discovery.