Whether to buy an existing home or have one built is yet another decision to make during the home-buying process. If you decide to go with new construction, Everdawn is an advocate in your corner as you negotiate upgrades, a move-in date and other terms with the home builder.
Below are some basic pointers to prepare you for the journey ahead.
Selecting a builder
Shopping for a custom home builder can be a daunting task. Start by defining what architectural styles appeal to you. Everdawn will seek out the local reputable builders who offer those styles. Due diligence is essential.
The builder representative and Everdawn
A builder representative’s ultimate goal is to sell you a home. His or her role is to provide a wide range of information to help you in your decision-making, from building restrictions, roads and easements to inspections, warranties, rebates and upgrades. Everdawn will help you wade through all the data and point out the downsides and upsides of each line item. She will look out for your interests in reviewing the builder’s contract, which often contains more legal jargon than consumer-friendly language.
It’s all about timing
Market conditions greatly dictate a builder’s incentive to make a deal you cannot refuse. So far this year, new construction in the Gallatin Valley has been a record breaker. Over 300 lots in two subdivisions where just approved by the city of Bozeman. With that said, the Bozeman area real estate is still a good buyers and sellers market. Who knows what the future holds, but for now, if the property is priced right, it quickly sells. View City of Bozeman building permits here.
A word about paying up
While there are always exceptions, most builders require a deposit when a purchase agreement is signed. They also require that the buyer pay for any upgrades prior to closing. If you back out prior to closing, unless the agreement states otherwise, you will lose that money. Everdawn will make sure you understand every detail in the builder’s contract before signing it and help you find financing that will fit your needs.
Here in Southwestern Montana, we are blessed with nationally recognized architects and custom home builders. Contact Everdawn today to help find the builder that’s right for your next Bozeman area home.