03/28/2018
With Inventory being so low here in DFW many people are looking at new home construction.. But what are really some of the pros AND Cons..
Pros
✅ You get to pick the design if started from ground up
✅ Energy efficient
✅ Saves on utilities
✅ low maintenance for many years
✅10 year foundation warranty on many
✅warranty of appliances and home it self
✅ Many builders will pay for some closing cost (title insurance, ect)
Cons
❌ If started from the ground up can take months to finish
❌ Typically cost more
❌ Very little large trees or mature landscaping
❌ Smaller backyards
❌ To get incentives you HAVE to use their title company and Lender
❌ You are not encouraged to have Realtor representation, which means no one is on your side during negotiations
While not all builders are built the same 😉 there are some amazing builders as well as not so great ones. So this pros and cons list doesn't apply to all. If you have been thinking about a New Build we have some GREAT resources for builders as well as Lenders that accompany them.