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Blog > Navigating the Process of Buying a New Construction Home: A Step-by-Step Guide

Navigating the Process of Buying a New Construction Home: A Step-by-Step Guide

Learn the step-by-step process of buying a home directly from the builder during the new construction process and explain the differences between buying a new home directly from the builder versus buying an existing home.

Many people might assume that buying a new home is complicated. It does not have to be. If you’re in the market for a home, keep reading to see if the new construction process is the right choice for you. We’ll cover why it’s different from buying an existing home and the steps you’ll take when buying a new home.

What Is The Difference Between Buying A New Home And An Existing Home?

The process of buying a new home is more simple as you can go directly through the builder, you do not have to compete with other buyers and you can typically close faster. When buying an existing home, you might have to work with contingencies, inspection hang ups and sellers who need to lease back the home.

There are more differences between a new home and an existing home. Of course, a new home is move-in ready. In the past, there was a perception that new homes were more expensive.

However, at Henry Company Homes we have observed that the homes we have previously built and sold are being listed by other real estate owners at higher prices than our current new construction listings.

Existing homes can offer an advantage in location and in mature landscaping and trees. Another difference between new homes and existing homes is that the inventory of existing homes in Pace, Milton, Navarre and Gulf Breeze is often very limited.

Buying A Home Directly From The Builder

When you buy your home directly from the builder, you have the option to bypass using an additional realtor which makes the process more simple.

Henry Company Homes is a family-owned business and we offer affordable homes that give families a great opportunity to become homeowners. Since that is our mission, we have a very simple sales process from start to finish.

As a buyer, all you have to do is pay a $1,000 deposit and we will take care of everything. All you’ll have to do is start packing! What does that mean?

We have preferred lenders we can recommend. Once you’re approved, we can work directly with them. We take care of all the paperwork, and scheduling surveys, inspections and appointments with the county. Fortunately, this process is faster simply because it is a new construction home and there is less that can go wrong when it comes to things like wind mitigation and other building code requirements.

The process is also made more simple because we can work in a contingency like the sale of your home much more easily because there isn’t a party trying to move out of your home. We work with your schedule and timing because we can.

No More Competition Or Seller Drama

The real estate market has been on quite the rollercoaster recently. Often buyers will go back and forth with competing offers and which means they might miss out on the home they wanted. That can definitely take some of the magic out of the home buying process. The process of buying a new home does not involve any of those uncomfortable moments.

Another not-so-fun part of buying a home can occur when trying to manage the timelines of two families trying to move. Additionally, sometimes a seller may request to rent back the home for a period of time which can complicate the buyer’s life, home buying process and moving timeline.

There may also be things that happen during the disclosure period or even the time it takes to get to closing that ultimately kill the deal. That means you have to start over. With a new construction home, there are no hidden surprises since the construction is brand new and there are no other parties to complicate things.

The Process Of Buying A New Home

Buying a new construction home with Henry Company Homes could not be easier.

First, get preapproved for a mortgage. Getting preapproved is a pretty simple process. After that, we work with lenders that make finalizing your loan quick and simple.

Next, come into our office to pick the home you want and to drop off your $1,000 deposit. Of course, we can also work with you virtually if you’re coming from out of the area.

Next, start packing. Yep, that’s it! We will schedule two walkthroughs for you so that you can check in on the progress of your new construction home. You can be as involved as you want, but those two walkthroughs are really all you need to put into your schedule. We try to make it as easy as possible. Moving is complicated enough already!

Your final walkthrough will take about two hours as we show and tell you everything you need to know about your new home. We know that sometimes the amount of information can feel overwhelming so we provide you with a comprehensive owner’s manual that details everything we discuss during the walkthrough.

Buying a home is exciting! One way to make it less complicated and less stressful is by buying a new construction home. If you’re in the process of buying a home, consider the ease and convenience of buying a new construction home with Henry Company Homes.

Navigating the Process of Buying a New Construction Home: A Step-by-Step Guide

Learn the step-by-step process of buying a home directly from the builder during the new construction process and explain the differences between buying a new home directly from the builder versus buying an existing home.

Many people might assume that buying a new home is complicated. It does not have to be. If you’re in the market for a home, keep reading to see if the new construction process is the right choice for you. We’ll cover why it’s different from buying an existing home and the steps you’ll take when buying a new home.

What Is The Difference Between Buying A New Home And An Existing Home?

The process of buying a new home is more simple as you can go directly through the builder, you do not have to compete with other buyers and you can typically close faster. When buying an existing home, you might have to work with contingencies, inspection hang ups and sellers who need to lease back the home.

There are more differences between a new home and an existing home. Of course, a new home is move-in ready. In the past, there was a perception that new homes were more expensive.

However, at Henry Company Homes we have observed that the homes we have previously built and sold are being listed by other real estate owners at higher prices than our current new construction listings.

Existing homes can offer an advantage in location and in mature landscaping and trees. Another difference between new homes and existing homes is that the inventory of existing homes in Pace, Milton, Navarre and Gulf Breeze is often very limited.

Buying A Home Directly From The Builder

When you buy your home directly from the builder, you have the option to bypass using an additional realtor which makes the process more simple.

Henry Company Homes is a family-owned business and we offer affordable homes that give families a great opportunity to become homeowners. Since that is our mission, we have a very simple sales process from start to finish.

As a buyer, all you have to do is pay a $1,000 deposit and we will take care of everything. All you’ll have to do is start packing! What does that mean?

We have preferred lenders we can recommend. Once you’re approved, we can work directly with them. We take care of all the paperwork, and scheduling surveys, inspections and appointments with the county. Fortunately, this process is faster simply because it is a new construction home and there is less that can go wrong when it comes to things like wind mitigation and other building code requirements.

The process is also made more simple because we can work in a contingency like the sale of your home much more easily because there isn’t a party trying to move out of your home. We work with your schedule and timing because we can.

No More Competition Or Seller Drama

The real estate market has been on quite the rollercoaster recently. Often buyers will go back and forth with competing offers and which means they might miss out on the home they wanted. That can definitely take some of the magic out of the home buying process. The process of buying a new home does not involve any of those uncomfortable moments.

Another not-so-fun part of buying a home can occur when trying to manage the timelines of two families trying to move. Additionally, sometimes a seller may request to rent back the home for a period of time which can complicate the buyer’s life, home buying process and moving timeline.

There may also be things that happen during the disclosure period or even the time it takes to get to closing that ultimately kill the deal. That means you have to start over. With a new construction home, there are no hidden surprises since the construction is brand new and there are no other parties to complicate things.

The Process Of Buying A New Home

Buying a new construction home with Henry Company Homes could not be easier.

First, get preapproved for a mortgage. Getting preapproved is a pretty simple process. After that, we work with lenders that make finalizing your loan quick and simple.

Next, come into our office to pick the home you want and to drop off your $1,000 deposit. Of course, we can also work with you virtually if you’re coming from out of the area.

Next, start packing. Yep, that’s it! We will schedule two walkthroughs for you so that you can check in on the progress of your new construction home. You can be as involved as you want, but those two walkthroughs are really all you need to put into your schedule. We try to make it as easy as possible. Moving is complicated enough already!

Your final walkthrough will take about two hours as we show and tell you everything you need to know about your new home. We know that sometimes the amount of information can feel overwhelming so we provide you with a comprehensive owner’s manual that details everything we discuss during the walkthrough.

Buying a home is exciting! One way to make it less complicated and less stressful is by buying a new construction home. If you’re in the process of buying a home, consider the ease and convenience of buying a new construction home with Henry Company Homes.