New Construction Neighborhoods/Homes in Spokane WA are under serious demand at this time. Partially because there are not enough existing homes on the market, and also because we have such great new construction neighborhoods and builders.
Buying a brand new home is very exciting, but it is not for everyone. The process can be long, and you have to have patience. Builders can experience delays and that makes it hard on anxious home buyers.
Financing a new home is something you should speak to your lender about in detail. Once you make an initial earnest money deposit, you have additional non refundable deposits in most cases, for upgrades you choose, so you have to be certain you have your finances accounted for. Many things during the current market, are not negotiable when building non custom homes- due to the extreme demand, most builders are firm on price, for example* . Building an individual custom home on a lot you own, or land/acreage you are purchasing is different than building in a New Construction neighborhood. It is especially important, when dealing with a builder, to carefully read the contract and addendum's you receive. You can also have an attorney review the builder contracts if you like.
It can be seriously fun, choosing finishes such as flooring, counter tops, paint colors. Many people sail through the process, others become frustrated at delays and what can feel like waiting forever. Opening the door of a brand new home is always worth the wait, but just be prepared, you will get antsy!
Another thing to consider when choosing to purchase a brand new home is the cost of blinds, drapes, window coverings, appliances not included in the sale, fences, yards, landscaping that may/or may not be part of the finished agreement. You want to plan for that so you aren't too shocked by the cost.
I have had the privilege of helping many buyers with New Construction Homes in Spokane Neighborhoods, North, South, East and West. There are some wonderful new construction neighborhoods here !
If you would like more information about New Construction in Spokane WA. I would be happy to speak with you !
BethAnn in Spokane
*each transaction is unque