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Home ยป Industry News ยป Six Steps to Buying & Building a House

Six Steps to Buying & Building a House

Floor plans with color samples for flooring and furniture
Image courtesy of Shutterstock/RomanR.

Buying and building a new house can be manageable and enjoyable with these six steps to your newly built home.

Whether youโ€™re a new-home enthusiast or youโ€™re a little skeptical that a new home can be full of character, charm and be built to a high degree of quality, youโ€™ll find that New Home Source offers helpful resources for your new home search.

Are you confused about the difference between a resale and a newly built house? How can you be sure a new home will have quality construction? Do you have to be rich to build a house? Weโ€™ve got answers to these questions and many more.

Step-by-Step: The Home Buying Process

To help get you started on your new home search, check out these six steps to buying and building a house.

Once you feel comfortable with these steps, explore the many helpful articles in each category. And, when youโ€™ve got a clear picture of what new homes have to offer, check out some of the new homes available in your area on NewHomeSource.com. Happy searching!

Step 1) New Home 101

Doesnโ€™t sound like a step, right? Well, itโ€™s important that you first know what new homes are all about before you decide if a new home is right for you. Investigating what makes new homes a good option versus an existing home will help you decide not only if this is the right choice for you, but it will also help you narrow down options about which type of new home is right for you.

Click here to learn more about the basics of new construction homes.

Step 2) Shopping for a New Home

We know what youโ€™re thinking, โ€œShopping is easy and fun!โ€ And, we agree! But, we also know there are lots of things to learn about when it comes to buying a new house and that there are lots of questions that you may be asking yourself.

This crucial step will help familiarize you with how to select the right neighborhood, choosing a builder, and how to interact with your buildersโ€™ sales pros.

Click here to learn more about what to expect when shopping for a new home.

Step 3) Buying and Financing

Before you go out and fall in love with a home thatโ€™s out of your budget, itโ€™s important to get your finances in order. The first step to all of this is to know your credit score and credit history.

If itโ€™s stellar, great! If it needs some work, get started on repairing your credit as soon as possible. Once you understand where you stand financially, itโ€™s time to figure out how to finance your new home. This is the step where youโ€™ll learn about down payments, how much home you can afford, the steps to closing on a house, and much more.

Step 4) Designing Your Home

Ah, yes. This is truly the fun part. Who doesnโ€™t want a home that fits their lifestyle to the T? If you choose a production builder, youโ€™ll pick from a collection of floor plans and then youโ€™ll be able to personalize it through options and upgrades.

Youโ€™ll visit your builderโ€™s design center where youโ€™ll choose faucets and fixtures, cabinets, flooring, lighting, and all the other personal touches that come with a new home. If you are building a custom home, youโ€™ll work with your builder to create a one-of-a-kind floor plan thatโ€™s tailored to your unique needs. The best part is that both choices offer the ability to individualize your home for your family and lifestyle.

Click here to learn more about how to personalize and design your new home.

Step 5) The Home Building Process

This is when the magic happens. Depending on the type of home youโ€™re building, it can take anywhere from six to 10 months to complete your home. The complexity of your floor plan will also factor into the construction timeline, as well as which region of the country you are building in. We know that buying a home is often the biggest purchase youโ€™ll make, so itโ€™s important to completely understand the building process.

To help clear any misunderstandings and to help alleviate any stress, understand your builderโ€™s process, know whoโ€™s on your building team and learn what goes into a high-quality foundation (sounds boring, unless youโ€™ve ever lived in a home that had foundation problems).

Click here to understand the steps involved with building houses.

Step 6: Moving Into Your Home

Home, sweet, new home! Yes, youโ€™ll have fun decorating and settling into your new home, but maintenance is important too โ€” just as you would maintain a new car, you too should maintain your new home. And, thereโ€™s home warranties to understand too.

Click here to learn more about what to expect when moving into a new home.

Now that you have all of that out of the way, itโ€™s time to enjoy your new home. Throw a housewarming party in that new kitchen or simply sit back and relax. Welcome home!

Patricia_Garcia_headshot
Patricia Garcia

Patricia L. Garcia is an award-winning freelance journalist who has written for NewHomeSource, the Associated Press, New Mexico magazine and the Texas Bar Journal. When not writing, she can be found in the garden, battling weeds and high-desert heat.

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Comments

  1. claudia cunningham

    February 21, 2020 at 5:02 am

    Very interested in a new start, a new build home is desired. Location Birmingham, AL.

    Reply

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