If you are looking to buy a home in Carmel, IN, a new construction home has likely crossed your mind. It’s a way to be able to design your dream home and to start fresh with all new appliances and mechanicals. As you evaluate whether a Carmel, IN new construction home is right for you, keep in mind these tips and best practices when taking on “new” home ownership.
Customize. Plan for customization as you will be able to design your home from top to bottom. You will get to choose your finishes, cabinets, bath fixtures, and more. All of these come with a price, most likely on top of the base price of any model you have seen. Be sure that you factor these costs into your budget so you don’t face any potential financial issues during construction of your Carmel, IN home.
Financing. Financing is a critical part of any home-buying process, including new construction purchases. Before you find a builder and start touring models, find yourself a lender to work with and figure out how much you can spend and what your options are as far as new construction loans go.
Advice. Your loan officer will help provide expertise through every step of the process. In addition you should also seek the advice and expertise of a Carmel, IN real estate agent. A real estate agent will help make your purchase smooth, more enjoyable, and can help negotiate for you. A real estate agent may be able to inform you of any upgrades available, lot sizes, lot premiums, community rules and regulations, community fees, builder incentives, lender incentives, inventory available, and build times for each builder. The best part is that working with a Carmel, IN buyers agent is absolutely free for you!
When the time comes for you to start your homebuying adventure, please contact a Carmel, IN real estate agent. We can help with new construction home-buying or if you are interested in buying a resale. We hope to hear from you soon!
Rodney & Amanda Heard
Heard Real Estate Team