Blog > 5 Mistakes to Avoid When Buying a New Construction Home in Phoenix
Are You Making These Costly Mistakes When Buying a New Construction Home in Phoenix?
Buying a new construction home in Phoenix can be an exciting journey. With the allure of modern features, energy efficiency, and the ability to customize your dream home, it’s no surprise that new builds are in high demand. However, many buyers make critical mistakes during the process—mistakes that can cost them thousands or lead to frustrating delays.
If you’re considering a new construction home in Phoenix, here are five mistakes to avoid so you can make a confident and informed purchase.
1. Not Using a Realtor to Represent You from the Start
Why This is a Mistake: Many homebuyers assume they don’t need a Phoenix real estate agent when purchasing a new construction home because the builder has their own sales team. However, this is one of the biggest misconceptions. The builder’s sales agents represent the builder’s interests—not yours.
How to Avoid It:
Hire a Realtor (like Chelsey Hernandez) before your first visit to the community. Most builders require your agent to accompany you on the first visit, or you lose the opportunity for representation.
Your Realtor can negotiate on your behalf, ensuring you get the best price, incentives, and contract terms.
A real estate agent can help you understand the builder’s contract, which is designed to protect them—not the buyer.
👉 Looking for a trusted Phoenix real estate expert? Chelsey Hernandez is here to guide you! Register on www.chelseyhernandez.com today! #moveinmoveup
2. Overlooking Hidden Costs & Upgrades
Why This is a Mistake: New construction homes often have a base price, but once you start adding upgrades and necessary features, the final price can skyrocket. Many buyers are shocked when they see their final cost far exceed their budget.
How to Avoid It:
Ask for a detailed breakdown of what’s included in the base price. Many model homes feature upgrades that aren’t standard.
Budget for additional costs, such as lot premiums, landscaping, window coverings, and HOA fees.
Negotiate for builder incentives. A Phoenix Realtor like Chelsey Hernandez can help you get discounts or free upgrades.
3. Skipping the Home Inspection
Why This is a Mistake: Many buyers assume a brand-new home doesn’t need an inspection. However, new construction homes can have issues like improper wiring, plumbing mistakes, or foundation problems.
How to Avoid It:
Hire a licensed home inspector. A professional will identify any structural, electrical, or plumbing concerns before you move in.
Schedule a pre-drywall inspection. This allows you to catch issues before the walls are sealed.
Do a final walkthrough with your Realtor. Chelsey Hernandez can help you create a punch list of repairs before closing.
4. Failing to Read and Understand the Builder’s Contract
Why This is a Mistake: A builder’s contract is written to protect the builder, not the buyer. It often includes clauses that limit your ability to back out or demand repairs.
How to Avoid It:
Have a Phoenix Realtor review the contract before signing. Chelsey Hernandez can help you understand important terms and negotiate changes.
Know your warranty details. Some warranties only cover certain defects for a limited time.
Understand cancellation policies. If you change your mind, you could lose your deposit.
5. Assuming the Builder’s Preferred Lender is the Best Option
Why This is a Mistake: Many builders offer incentives like closing cost assistance if you use their preferred lender. However, this doesn’t always mean you’re getting the best rate or terms.
How to Avoid It:
Shop around for mortgage rates. Compare rates from multiple lenders before committing.
Have a lender review the builder’s financing offer. A local expert can help you determine if it’s truly the best deal.
Factor in the total loan costs, not just the interest rate.
Final Thoughts: Work with a Phoenix Real Estate Expert
Buying a new construction home in Phoenix is a big investment, and avoiding these mistakes can save you time, money, and stress. With the right guidance, you can secure the best deal and make a smart purchase.
Get Expert Help from Chelsey Hernandez!
📍 Thinking about buying a new construction home in Phoenix? Don’t go through it alone. Chelsey Hernandez with My Home Group Real Estate is here to help!
💻 Register today on www.chelseyhernandez.com to get expert real estate guidance! #moveinmoveup
📞 Call or text Chelsey at [Your Contact Information] to start your home-buying journey today!