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A builder can be used for home remodeling, home improvement projects, gut rehabs and new construction. The best way to get a good builder is to get referrals from people the builder has worked with before, friends or other people you trust. Learn more about hiring a builder and what recourse you can take if the job doesn’t go smoothly.

Negotiating New Construction Purchase From Out-Of-State

By | December 19th, 2005|

Purchasing a home from another state can be a confusing process. The developer has only given them 10 days to sign and return the contract. Hire a real estate attorney that has extensive experience with new construction purchases. Builder/developer contracts tend to be one-sided, and as a buyer you may not be aware of all the issues that could creep up in a new construction deal. The attorney should review the contract and negotiate any changes with the builder.

Building Up Grade For New Home

By | December 12th, 2005|

A homeowner is concerned about the grade leading up to their new home that the builder is working on. The builder is now stating the contract contains only an estimate in the height of the grade and they may incur additional costs. Most contracts will hold the new owners responsible for any "unforeseen circumstances."

Tips For Buying A New Construction Home

By | November 21st, 2005|

A buyer is thinking about buying a new construction home. They were told by their real estate agent that the price is not negotiable. They are also concerned about the lack of track record in their neighborhood with the builder. Builders often don't negotiate price on new construction, but they may be willing to upgrade the details and appliances. Also, any builder worth working with should be able to give you recommendations of a few people he has worked with in the past few years.

Seller Experiences Trouble With Builder

By | September 26th, 2005|

A homebuyer is purchasing a home from a seller who bought it from a builder as investment property. The buyer likely doesn't have any recourse against the builder since they aren't buying it directly. The seller would have to go after the builder for any work that wasn't done.

Condominium Buyer Looks For Builder Who Left Unfinished Landscaping

By | September 18th, 2005|

A condominium buyer looks for the builder who left the landscaping unfinished. The town the condominium buyer lives in is demanding the builder finish the landscaping. Ilyce advises the condominium buyer on what legal options are available to help find the builder and get the landscaping finished.

Builder Won’t Make Repairs

By | July 22nd, 2005|

When a builder won't make repairs, is it OK to hold back the last payment? Will the builder then be able to put a lien on the homeowner's new house? What recourse you might have with a builder depends on the contract.

Septic System Problems In New Home

By | March 4th, 2005|

A home buyer purchased a new home and are now experiencing septic problems after a neighbor informed them the basement had once flooded. The first step is to see if the home is under warranty from the builder; if not, the home buyers will have to go to the builder and demand the problem is fixed.

Negotiating A Temporary Easement With A Developer

By | November 26th, 2004|

A homeowner would like a guarantee that ranch-style homes would be built adjoining his property in exchange for granting a temporary easement to the developer. Talk to a real estate attorney before you negotiate with the developer. Bring all of the information relating to your property and to the neighbor's property to the meeting, including pictures of your home and the neighbor's lot. Be prepared to talk honestly with your attorney about your wishes and where you might be willing to compromise.

Builder And Lender Team Up For Mortgage Offer

By | April 23rd, 2004|

Often new construction companies and builders partner with a lender. The only way to figure out if they are offering the best deal is to shop around to other lenders. Do your homework and research what the best lenders in your area are offering. Then, you can go to the builder's lender and negotiate the best deal possible.

Warranty Expires On New Home With Problems

By | April 16th, 2004|

A home buyer bought a home from a builder she hadn't heard of and found many problems. The builder is now avoiding the buyer's calls to request repairs. The warranty has now expired for the builder to repair problems, and the buyer wonders if she has any recourse.

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