Buying a New Home Builder

If you can’t find your dream home on the market or want to make a move with more customization, new construction might be the answer. But the process for purchasing new construction is different than buying a previously owned home.

First, you’ll need mortgage preapproval. Your mortgage lender will walk you through the loan options and help you choose a financing plan that fits your budget. You’ll also need to select a builder and a land lot. You’ll likely want to work with a real estate agent who can negotiate the best terms for you and act as your advocate throughout the building and closing process.

You can choose a tract home, a semi-custom New Home Builder or a fully custom house. The main difference is the level of involvement in planning and design. Tract homes are usually built in planned communities where the houses will look similar and share amenities. Semi-custom homes allow you to customize some of the house’s features, such as choosing a floor plan and selecting finishes. A fully custom home allows you to build your dream house, but it can take a significant amount of time and requires disciplined budgeting and decision-making.

It’s important to find a home builder with which you feel comfortable. The more trust you have in the brand, the easier it will be to navigate the homebuying process. For this reason, it’s helpful to read reviews of builders to get a sense of what other homebuyers have experienced.

A good place to start is the Avid Ratings database. This online tool displays homebuilder customer ratings and reviews, including the number of Avid Verified awards a builder has earned. A homebuilder that openly shares their customer feedback on the Avid Ratings website is a clear sign of their commitment to transparency and customer satisfaction.

If you encounter a problem with your new home, it’s important to put your request for repair in writing. This will ensure the builder or third-party warranty company has a record of your issue. If possible, send your letter by certified mail and request a return receipt so you can document when the company received your request.

If you’re in the market for a new home, consider working with these top-rated homebuilders. They have a reputation for quality and customer service, and are known for creating homes that buyers love. Plus, they’ve all been recognized by the Lifestory Research 2022 America’s Most Trusted Builder Study for their outstanding customer experience. Click the links below to learn more about each builder and to find out why home shoppers trust them with their next home.