New Construction Homes Novi MI Investors Need Final Stage Vigilance

By
Real Estate Agent with National Real Estate Network, LLC

Novi, MIConquest Real Estate, a local company, asks investors to be keener in observing the final stages of new construction homes Novi MI. The final stages are the crucial ones, says Conquest, alluding to this moment as where the true test of the property construction will be seen. However, it is these vital stages that most owners tend to overlook, to which in turn they suffer consequences of a badly built foundation and an overpriced expense list.

Conquest Real Estate Tells New Construction Homes Novi MI Investors Need for Final Stage Vigilance

Conquest Real Estate (http://www.ConquestRealEstateGroup.com) aims to reduce these scenarios by advising home buyers to be vigilant during the last periods of work in their new construction Novi MI. Most of the time, builders tend to cover the blunders, making it look perfect in the eyes of the buyer. Thus, it is important for investors to actively participate in the whole building process and be in the know of everything else that is happening in their new construction homes Novi MI.

Do not forget to ask for holdbacks, especially for unfinished work, the company says. There may be many causes of interruption, such as inclement weather or lack of materials. Homebuyers can request these funds to be hold back and to be deposited an in escrow account at closing. Conquest also advises homebuyers to have a final walk-through of the house three days before closing the contract. One should make a list of all unfinished items. These items should be completed within the 30 days of closing period.

One should not lose their focus on their new construction homes Novi MI. As much as possible, investors should catch all irregularities by visiting the site on a regular basis. Don’t be fooled by low assessments, says Conquest, as developers can use low monthly appraisal when it comes to a new construction Novi MI. There can be an anticipation of 25% increase in evaluation from the first year the home is finished.

Novi New Construction Homes

It is important for investors not to overlook the pricing between the basic and the upgraded features of their new construction homes Novi MI. Buyers should be wary that there is a large difference when it comes to quality and life spans of an upgraded fixture—crosscheck these with the builder.

When it comes to dealing with builders, it is best to have an impartial professional who will take a good view of the entire project. Conquest Real Estate advises homebuyers to use a realtor to have expertise by their side. Inquire about them at http://www.trulia.com/profile/Conquestrealestate.

About Conquest Real Estate Group: The Conquest Real Estate Group helps people looking to purchase real estate within the City of Detroit and the surrounding Metro Detroit suburbs.  The group helps first time home buyers and experienced real estate investors.  Currently, they provide service for real estate properties in Detroit, Southfield, Lathrup Village, Oak Park MI, Farmington Hills, Livonia, Redford, Eastpointe, Harper Woods, Warren MI, Novi, and Northville MI.

Conquest Real Estate has different divisions, which helps investors with the entire real estate investing process, including identifying investment properties, rehabbing properties, marketing and tenant placement, and property management.  They have people who understand the entire local Section 8 process, including helping real estate investors pass their Section 8 property inspection and selecting the right tenants with Section 8 payment vouchers.

You can learn more about them by visiting their website at http://www.ConquestRealEstateGroup.com or calling them at (248) 569-1486.

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