Home Buying in Pearland>Question Details

roelster8, Home Buyer in Humble, TX

New Home Construction

Asked by roelster8, Humble, TX Sat May 26, 2012

In the process of purchasing a new construction home(Beazer) in the Spring Meadows community. Seems like a pretty quite area. Any advice or insight?

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Yeah, we have an inspector that attends the major benchmarks in the building process. I was looking more for insight on the neighborhood. We fell in love with the area!
0 votes Thank Flag Link Sat May 26, 2012
Kathy Gray’s comment on hire a home inspector for a home inspection is both great advice and terrible advice. Do not hire a home inspector for the purpose of doing a final inspection, an inspection at this stage of the game for new construction will most likely do more harm than good and upset the apple cart. An inspector’s job is to find things and if nitpicking is required then so be it. Realtors® always recommend having an inspection, one of the main reasons for this is it removes some liability from the agent and places said liability on the inspector in the event of a lawsuit. In addition review the credentials of the inspectors & Real estate agents you retain; in many states they are not required to have a high school education for the purpose of holding those jobs. Hiring a responsible, accredited and credentialed inspector to represent you throughout the course of the building of the home is a great idea! Your inspector should attend all city inspections (8-12 inspections) throughout the course of construction. They should also work in coordination with the homeowner, builder and city inspectors to help ensure the best quality of the finished product. The cost for this service varies depending on area of the country, credentials of the inspector and numbers of inspections, in our area expect to spend 1500-2500 dollars for this service. Ps I am a home builder and in certain cities within the metropolitan area which I work I retain the services of an engineer or architect to be present at all city inspections.
0 votes Thank Flag Link Sat May 26, 2012
As long as it is Pearland ISD it should be a good location
0 votes Thank Flag Link Sat May 26, 2012
My main suggestion would be to have an independent inspector do an inspection. New home builders have their own inspector, but it can save you a lot of headache to have one of you own. Have you already signed the paperwork?? If not, get in touch with me and I'll be happy to walk through the process with you.

Kathy Gray
832 455 3008
0 votes Thank Flag Link Sat May 26, 2012
Your first step is to interview at least 5 Realtors®! Find a FULL time realtor® who has performed at least 15 transactions in the previous year, has participated in at least 3 new construction projects in the last 2 years. Then have the Realtor® show you some desirable areas which fit your needs and have long term potential at appreciation. Demand the Realtor® attend all meetings before, after and especially during construction this may be as many as 15 meetings, you need your representation at all meetings. As far as timetables go, typical is 4-6 months.
Picking a custom home builder is a lot like picking a realtor®; you should interview several builders before making a decision. Do not solely rely on a referral from an agent! Do the work yourself and interview several. Here’s a short check list of questions to ask:
1) Ask for current client referrals, 3 should be no problem & follow up with each regarding quality of the home and how well the builder did in regard to warranty work after the sale.
2) Ask if the builder is willing to do a cost plus contract this will save you money if the builder is ethical and doesn’t try to steal.
3) If you are obtaining financing ask about construction perm loans, these are one time closing loans and usually save the customer about 2,000 and may also have a tax benefit for you. It also allows you to see all the bills and control all the money.
4) Talk with the builders bank make sure the builder has the resources to complete the project
5) Do a basic background check on the builder look for items such as liens, bankruptcies, lawsuits different company names they are an officer in that are now insolvent and in the same industry.
6) Check with the local home builders association for a list of builders in the area
7) Energy cost are going up and the trend will continue pick an Energy Star home builder and have the home certified as an energy star home this will save you money over the long term, add quality to your home and help the resale down the road. For an energy star home expect to add 2-3% to the price of the home.
8) Ask to see a written copy of the home builders warranty program.
9) CONTRACTS- usually not a big deal and all 3 types work well the question is getting the best deal for you. The 3 types are: Realtor® provided (these protect the interest of the agents & brokers), builder provided (these protect the interest of the builder and usually provide more detail in regard to dispute resolution) home owner provided (these are drawn up by your attorney and favor you in the event a dispute arises) many times a builder will want to use their contracts, it’s usually fine just make sure your real estate attorney reviews the document before you sign.
10) Have fun!

That’s your top ten list! Good Luck!
0 votes Thank Flag Link Sat May 26, 2012
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