The past two years have proved unprecedented with quick sales, waiving appraisals, and over list sales prices. Another aspect of the fast paced sales that occurred included waiving home inspections. Competing against so many other buyers seemed daunting and buyers felt powerless if they needed financing for their offers to be accepted, in any price range.
With the days on market increasing and demand changing, buyers are now able to include inspections as part of their due diligence. It's never a good idea to waive a home inspection and especially on newly constructed homes. There are many that now regret doing so as they are discovering issues.
Even though a builder has their own checks and balances in new construction, it's always wise to consider getting a third party home inspection. Home inspectors typically visit a home as many as three times during construction to verify what's in the walls, including plumbing and electrical and inspecting the roof. How many times do new home buyers climb up on their roofs after all. NO ONE should be on a tile roof if they don't know how to walk it to prevent tiles from breaking.
With the strain of new construction, there have not been enough skilled labor and trades to complete these homes. And new construction build times have extended many months in large part to supply chain issues. So timing those inspections when items are installed is critical to providing a good inspection report.
Once the drywall is up, flooring laid, and kitchen cabinets installed, there is no way to know what's behind those items?
If you're considering a new home, make sure to work with a professional realtor that has experience with new construction. Just because there's a sales agent in a model home office, does not mean they represent you or will suggest a home inspection. Make sure your own interests are represented in what may be the largest single purchase you ever make!