Posts Tagged ‘home construction’

Building a new home

Monday, August 25th, 2008

Since this is our first posting on the blog I thought it would be good to describe what we are doing and why.  Primarily I am going to be talking about the New Home Building industry and how the process works.  I’ll also talk about why you should build a new home and what challenges and benefits there are in new home construction. 

When we think about building of new homes we can think of two different types of purchases.  The first of those purchases would be the purchase of a new home that has already been built.  In essence, it is the purchase of a new home that the builder has completed and now is available for sale. You, the buyer can merely move in and set up your “home”.  The second type of purchase is having a new home built on your lot or a lot owned by the builder.  Both have their advantages and disadvantages.  In the first case where the home is already completed you will be able to move in immediately and may be able to negotiate a great price- after all this may be a completed home the builder is discounting to sell.  In the second case, where you have a home built for you on your site or the builder’s site we see some different advantages.  You, the homebuyer, now get to choose the type of home, the colors of your carpet, flooring, cabinets, countertops and many other items.  If you have specific requests for your new home this is an great time to see about having them implemented by your builder.  If you don’t like to make decisions have the builder help you or go back and buy a completed new home.  If you own your own lot this is the only way you’ll be able to proceed.

In my next posting I will be talking about the decision to buy a new home versus the decision to buy an existing home.  Both have specific advantages and disadvantages.  We’ll discuss that in my next posting.  Hope to talk with you then.  Happy home buying and building.