What Should I Ask Before Buying a New Construction Home?

Step-by-Step

1. 1

   Define the complete purchase price

   Ask for a written list of standard features, lot charges, options, and allowances. Walk through the model with that list so you can identify upgrades rather than assuming everything you see is included. Review how selection changes are priced and when choices become final. Ask about landscaping, appliances, utility connections, and community fees. Keep a running total and have your lender check the revised price before adding options that could reduce your available cash reserve.

2. 2

   Review the contract before paying

   Builder agreements may differ from resale forms, so read the actual document closely. Ask about deposits, cancellation, change orders, completion estimates, dispute handling, and remedies for delay. Have a real estate attorney explain terms that create significant obligations or uncertainty. Ask how any incentive depends on using a particular lender or settlement provider and compare the full costs. Do not assume a sales conversation changes the contract unless the promise is included in the written agreement.

3. 3

   Plan inspection and construction checkpoints

   Ask when independent inspections are allowed and how access is arranged during construction. Discuss useful stages with a qualified inspector, including opportunities before work is covered where available. Learn the builder process for documenting concerns and confirming corrections. Do not enter an active site without permission or safety instructions. Keep dated records of approved selections and agreed changes. An inspection can provide information, but it does not replace the builder obligations or guarantee that every defect will be found.

4. 4

   Prepare for completion and ownership

   Ask how completion will be communicated, what documents are needed for settlement, and how the final walkthrough and punch list work. Coordinate rate-lock questions with your lender and ask what happens if construction takes longer than expected. Read warranty coverage, exclusions, notice procedures, and service contacts. Arrange a housing backup if timing is uncertain. Before accepting handoff, understand which unfinished items are documented, who will address them, and how access for later service will be managed.

Common Questions