In some cases, hiring a professional company to complete a deep cleaning may be required. This can protect you in the event something goes wrong after you’ve closed. The discount amount varies from school district to school district. We’re always happy to take your calls and help out in any way we can. Old and dirty furnace filters can drastically impact the efficiency of an HVAC system, so replacing them regularly is recommended. Most home sellers will leave instruction guides to electronic keypads which have instructions on how to change keypad codes. It’s a brief yet vital process when you buy a new home. In addition to signing all the necessary documents, you will receive all the community-related information and warranty documents you’ll need. Though your county’s record clerk should have a copy, it’s best to keep a copy for yourself as well. The water pressure reducing valve is generally found near the water main coming into a home near the main shutoff. Regardless if a buyer is planning on completing maintenance themselves or plans on hiring a professional, it’s important that after closing on a new home that buyers start a home maintenance list. Buying new home construction is a different process than buying a typical pre-built home. You do, however, have some protection when it comes to an occupancy delay. This will ensure that important mail will not go undelivered! We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY. For starters, we’ll give you the information you need, when you need it. Will always recommend them to buyers &/or sellers. Your contract may have allowed you to do a closing inspection of the home, at which time you and the builder should have created a punch list of items yet to be done. The difference may not matter to most buyers. The walk through usually takes about 30 to 45 minutes. “The last thing you want after you move in is a bunch of contractors doing touch-ups and finish work while you are trying to enjoy your new house.” Plus, if you don’t address it before closing, you may have a hard time getting the builder to fix anything once the home is officially yours. The wiring instructions will be provided in your e-mail. Every area of the country is different,which can mean different protocols and rules to follow. 10 Things to Remember During the New Construction Closing Process When in the closing stages of building your home, there are a few things you should remember. Are You Thinking About Buying Or Selling A Home In 2020? In fact, it’s kind of like buying any home, but you just happen to be the first owner. But perhaps the more pressing question isn't … Title companies typically require funds to be wired 24 hours before closing. 2020 Re/Max Realty Group. More precisely, prior to closing on the purchase of your home, be sure that your purchase contract allows you to bring in a qualified home inspector to test the various workings of your home … checking outlets, plumbing fixtures, walking the roof, the crawlspace and attic, and so on. Some sellers may agree to take care of closing costs, and this is typically agreed upon at the contract phase. Change Locks. The disclosure will include the loan terms, projected monthly payments and any additional fees required to obtain your mortgage. In reading this article, I hope to give you an idea of what to expect at your pre-closing walk-through, how long it will take and what happens after the walk-through. 8. Make copies of all documents The first thing you should do after closing on your new house is make copies of all of your closing documents. It’s a smart idea to complete any painting of the walls and ceilings prior to moving in personal belongings, if possible. It’s also recommended that once a year you drain your water tank to get rid of collected sediment in the bottom of the tank. Have questions about buying or selling a home? After your walk-through, you will come to our corporate office for the closing. Higher Standards Means Peace of Mind for New Homebuyers, COVID-19 Response Plan Update Effective 3/23/2020, MasterCraft Breaks Ground in SilverLeaf Village, Mark Wolfe, New Home Consultant for Shearwater in St. Augustine, FL. On the day of interim closing, you’ll be notified when your keys are ready for pickup, usually from the developer’s site office after 3 p.m. #1 - upgrade from cheap 1/2" drywall to either 1/2" fire-rated drywall or better yet 5/8" fire-rated drywall. Here’s the home buyer 101 guide to the construction … Developers should complete punch lists within 30 days of closing. The cost is figured into the sales price. A couple hundred dollars is well worth the additional “peace of mind” that comes with knowing you have the only keys that can gain access to your new home! Homes nowadays are being equipped with smart home technology features. Before closing, developers or builders will walk you through your newly built home and let you point out any defects or imperfections that need to be fixed before moving day. Other builders may ask the contractor who did the work to make any repairs. After closing on a new home, buyers should explore smart home technology options that may interest them. It’s a good idea that when starting home maintenance lists that the tasks are broken up by seasons or months. They can’t decide after the fact that they want to take the window treatments along to their next home. Go in prepared with these questions to ask before you sign a contract. After opting for new-home construction so that everything is perfectly new, you may find that everything isn't so perfect. The above 13 tasks are all very important and will improve the overall home buying experience. As a homeowner, understanding how to select the right paint is important. Not only is meeting the neighbors the “neighborly” thing to do, it’s also a good opportunity to exchange contact information with them just in the event of an emergency. Top Wellington Realtor, Michelle Gibson, wrote: “Must Do’s Immediately After Closing on Your New Home” Michelle has been specializing in residential real estate since 2001 throughout Wellington Florida and the surrounding area. By the time you get the keys to your new construction home, you might feel stretched thin in the finance department.From earnest money and design center upgrades, to closing costs and moving expenses, buying a brand-new home … Some builders offer discounts on closing costs if you obtain your mortgage through a company that they have a relationship with. Developers should complete punch lists within 30 days of closing. The letter will also include information on the title company who will perform your closing. In as few as 10 days, you will have closed and be given the keys to your brand new David Weekley home. Sounds expensive to do things twice. Stage 10 Continued: Homebuyer Accepts the Home. Whether you’re a first-time buyer or simply need a refresher, we’re here to help you understand the requirements and processes that are involved with our new construction closing process. Get agreement on when other work will be complete. If you do skip a home inspection on your new property, make sure your builder has a warranty in place. New construction closing costs typically have additional fees beyond the “normal” estimated closing costs associated with an existing home. You’ll also need—if applicable—a divorce decree (child support, alimony information) and bankruptcy papers. Old and dirty furnace filters can drastically impact the efficiency of an HVAC system, so replacing them regularly is recommended. For example, if a buyer decides to put up a privacy fence on their property, a local municipality is likely going to request to see the survey map of their property prior to agreeing to a permit. It’s critical to understand that the type of paint is dependent on the type of room being painted. The cleaning of a furnace and central air conditioning unit is recommended every year and can help prolong the life of them. Working as a real estate agent in Rochester NY for over 6 years, I find it extremely important to educate buyers on what to expect as a homeowner. If something is wrong, you can request that it be fixed—or you can back out of the sale. Ask who’ll do the work. Do a final walk-through Most sales contracts allow buyers to do a walk-through of the home within 24 hours before closing. Related: 3 Reasons to Live in a New Home Before Renovating; 3 Common Moving Nightmares (and How to Prevent Them) In as few as 10 days, you will have closed and be given the keys to your brand new David Weekley home. Construction defects are unfortunately a regular occurrence in the building industry, and homeowners can sue for damages. For example, there are many spring home maintenance tips that should be completed once the gloomy winter months are finished. Copyright © 2020 by Simply180. The seller must leave the house in “broom swept” condition, meaning they vacuumed, wiped down the countertops in the kitchen and bathrooms, and swept the floor. Whether you had Adams Homes build you a new home pre-construction or you purchased one of our completed homes, before you close and move-in you will have a walk-through. A new construction home loan with an escrow account can be subject to having a significant increase in monthly payment after the first year depending on how the escrow account was setup at closing. An additional tip for homeowners is to use the  home inspection report, if one was performed, as a resource. This new construction deposit could range from 25%-100% of the option purchase price depending on when you are adding these options (before or after set deadlines). Your new home is a giant jigsaw puzzle, made of thousands of components, often assembled on your lot by teams of contractors.. Each team completes a portion of your home’s construction, then hands off your home to the next team.. To organize all of this, your builder will typically act as a general contractor and coordinate all of the specialized trade contractors who construct your home. Before your closing appointment, you’ll do a final walk-through with your superintendent to confirm that everything is ready for you to move-in. If they haven’t received cancellation notice from the seller, let the seller know to take care of that. Real estate contracts request that homes are in “broom-clean” condition upon closing. The walk through usually takes about 30 to 45 minutes. As the years go by in a home, the list of tasks typically continues to grow but owning a home is a great investment and accomplishment! Whether you’re looking to buy, sell or rent she will guide you through the entire real estate transaction. One task to consider after closing on a new home is having a local company perform an energy audit. Search Rochester, NY Homes for Sale by Map, Search Greater Rochester NY Homes For Sale By School District, Brighton NY Community & Real Estate Guide, Henrietta NY Community & Real Estate Guide, Irondequoit NY Community & Real Estate Guide, Penfield NY Community & Real Estate Guide, Pittsford NY Community & Real Estate Guide, Rochester NY Community & Real Estate Guide, Rochester New York Homes In Park Avenue Neighborhood, Top Greater Rochester NY Area Businesses & Service Providers, 14 Steps To Buying A Home – A Complete Home Buyer Guide, How to Interview Realtors® When Selling Your Home, Tips For Selling A Home With Kids In Rochester, Tips For Selling a Luxury Home In Rochester, Tips For Selling A Multi-Family Home In Rochester, Tips For Selling A Home With Tenants In Rochester, Tips For Selling A Waterfront Property In Rochester, getting permits for additions and improvements, contingencies in a real estate purchase offer, popular features that today’s buyers are looking for in homes, top reasons to complete a final walk through, tips for adjusting water heater temperatures, reasons to have an inspection when buying a home, find a contractor who’s a qualified home energy professional, impact of smart home technology on real estate, How To Get Approved For A Mortgage When Buying A Home, Mortgage Mistakes To Avoid When Buying A Home, Tips For Purchasing and Renovating A Fixer-Upper, Medical offices – dentist, physician, etc…, Wash any draperies or valences that were included. “A good builder should welcome an inspection prior to closing because it might save them some grief in the long run, and it might help them address things they can improve upon with future projects,” he says. One of the top reasons to complete a final walk through before closing on a home is to check that the home still has hot water. By completing the following tasks, new homeowners greatly improve the chances they’re happy with their home purchase for many years to come! I recently built a new home and have helped seven buyers through their new construction process in the past 4 months. If you’ve been too busy to contact the electric company, cable company and other utilities, now is the time to do so. Changing the locks on a new home is highly recommended for security purposes. Questions you may consider an energy audit that a reputable company is being released different... Office for the closing of your new home, but you just to! ( i.e your county ’ s a good time to take ownership of your new home highly! Can help you understand how the process works s buyers are looking for homes. Completing the following tasks after closing on a new piece of smart home technology real... 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