Arizona has always had a strong market for new homes, and after the recession, new home sales are finally starting to rise.  Many people desire homes customized just for them, and new homes provide a great opportunity for this.  However, there may be some pitfalls during the building process.

While many homes are built correctly, there will be the occasional homes that are not.  Unhappy buyers that are tempted to go straight to a lawsuit for the construction defects may be shocked to find their claim dismissed because they missed some important steps.

Firstly, any claim for a construction defect in a new home requires that you send notice via certified mail to the home builder.  This notice must specify, in detail, the nature of the defect and be sent at least 90 days before filing any lawsuit.  You also need to provide the builder with the time and opportunity to fix the defect.  This includes allowing the builder to complete their own inspections and propose repairs. Only if the home builder and the buyer cannot reach an agreement, may the buyer file a lawsuit.

Representation is critical during the home building process – many buyers are surprised to learn that the on-site agents that draw up the contract are not working for them. Those agents are skilled at getting the best price and terms for the builder, at your expense! Don’t you want someone who will look out for your best interest?

At The McKinley Group, we provide experienced and knowledgeable representatives who look out for YOU. We make sure that the home is properly inspected and will be there at every step of the home building process.  This representation is provided at no cost - contact us at today 480-355-8645 to see how!

 

 

 
This post has been included in Arizona Real Estate News

13 Comments on Need-To-Know for New Home Buyers

JUL
26
479,096 Points 11 Featured Posts Outside Blog Called Shot Master

You are so right - the builder reps are very good at making a buyer feel represented. . . but they are NOT!  I always tell my buyers to tell all representatives at new home communities they have an agent!

6:28pm • #1
263,934 Points 3 Featured Posts Attended Rain Camp

Good info Gina - and spot on, you should have a few people read this!

6:37pm • #2
481,124 Points 4 Featured Posts Outside Blog Called Shot Master

Hi Gina, great information keeping buyers informed and educated. Congratulations on the FEATURED.

7:07pm • #3
554,483 Points 148 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Gina, thanks for the AZ info.  Now you've got me wondering what the VA process is.  I will make that a must learn next week.  Thanks for helping me learn something I need to learn.  8=)

7:16pm • #4
866,657 Points 18 Featured Posts Localism Sponsor Attended Rain Camp Called Shot Master

It is very unfortunate that buyers don't understand that the builder's agent is looking out for the builder and not for the buyer.. You hit it on the head   "many buyers are surprised to learn that the on-site agents that draw up the contract are not working for them. Those agents are skilled at getting the best price and terms for the builder, at your expense! Don’t you want someone who will look out for your best interest?"

7:43pm • #5
872,774 Points 47 Featured Posts Localism Sponsor Attended Rain Camp Called Shot Master

Gina, this is such great information for Arizona buyers of new homes and for readers in all states!

Sharon

8:54pm • #6
881,844 Points 10 Featured Posts Attended Rain Camp Called Shot Master

Gina, thanks for sharing tips on how to follow up (and go after builders...lol)  when defects are found in a new home.

10:21pm • #7
164,393 Points Called Shot Master

Gina, Good post. All of these problems can usually be avoided by independent Inspections before closing.

10:30pm • #8
JUL
27
730,739 Points 15 Featured Posts Outside Blog Called Shot Master

Gina, a case where the buyer has to have their facts together before filing a lawsuit.

5:43am • #9
839,788 Points 69 Featured Posts Outside Blog Called Shot Master

I sat tract homes and loved it when buyers had agents. If not, I looked after their interests...A happy buyer makes for good referrals...

7:13am • #10
485,320 Points 52 Featured Posts Localism Sponsor Attended Rain Camp Called Shot Master

I also just wrote about how important it is to get your own representation.  Too many naive buyers think they can get a "better deal" working with the listing agents.  This is decidedly untrue, especially when it comes to new construction and agents working for the builders.

7:15am • #11
315,517 Points 20 Featured Posts Outside Blog Called Shot Master

Good information.  Realtors are needed even when you are negotiating your custom built contract. 

7:16am • #12
628,715 Points 1 Featured Post Outside Blog

Gina, Really good advise for new home buyers they really need to have someone representing them in when purchsing a new home. 

 

Best

9:27am • #13


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Gina McKinley, ABR, CIAS, CDPE, CRS, SFR ~ Chandler, Gilbert, Mesa, & Scottsdale

Chandler, AZ

More about me…

RE/MAX Masters

Address: 2390 W. Ray Rd, Suite 3, Chandler, AZ, 85224

Office Phone: (480) 821-5700

Cell Phone: (480) 600-1129

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