Many people are intimidated by the prospect of buying new home construction. The fact is, the process is not overly complicated, but there are a few steps that people often forget or miss. By taking your time and following these simple steps, you will be ensuring that your new house is built correctly the first time. The very first thing you need to do before buying new construction is to have a home inspection performed on your property by a qualified home inspector. The inspector will come by once you have decided on the type of builder you would like to use and will review the construction plans and submit a report of his findings to you along with photos of the proposed site. You will then have an opportunity to make some decisions about what you want to include in your new home, as well as whether you would like to build additional units onto the property. Another way to ensure that you buy the new home construction that is right for you is by engaging the services of a qualified real estate agent. If you have been shopping for homes for some time, you will most likely know many real estate agents. These are individuals who have had years of experience dealing with different builders and can often recommend the one that is best for your new home construction needs. In addition to having their own list of corona real estate builders, real estate agents can also provide you with helpful information about financing, contractors and other important aspects of home building. When hiring an agent, however, be sure that you find someone who has years of experience dealing with builders and is able to provide you with sound advice. It is also important to choose an agent who is open to working with you, instead of just pointing you in the direction of a particular builder. After you have chosen the new home builder and have hired your real estate agent, it is important to get in touch with your lender. In order to get a quote from your lender, you will need to provide your contact information as well as several creditor references. The lender may require you to come in for a personal visit to get more information, or may send a representative to inspect the home and meet with you for a pre-approved estimate on the cost of the new home. During this visit, the lender should ask several questions about your credit history, any previous home repairs and any other factors that may affect the price of your new home. Once this quote is provided, it can often influence whether or not your lender approves the loan.Visit this website at http://www.dictionary.com/browse/realtor for more info about real estate. A pre-approved estimate, while often helpful, is not always accurate. When choosing a new construction company, always double-check to make sure that the quotes you are receiving are actually the rates offered to you by the builder. You can do this by either calling the lender, or asking the real estate agent handling your new construction project. A mortgage company or agent may also be able to provide you with a list of current builder's rates, but these rates are typically updated quarterly. While it is true that the lender's rate is typically higher than the builder's, the two companies often have capricious differences in rates that can favor one company over the other. Also keep in mind that your mortgage broker or realtor may be working for the builder, which can mean that they may be biased against you. In addition to a mortgage company or broker's rate quote, it is important that you find a builder who will perform the home inspection for you. Home inspectors, also known as realtors, are independent contractors who are contracted by the builders to inspect the homes they construct. While most states require home inspections, some do not, so if your builder does not perform an inspection before closing on your new purchase, you may be stuck paying for repairs at closing. Make sure your builder provides you with a list of home inspectors and explains why they selected each inspector. This is often an indication that the inspector doesn't have a great deal of confidence in the builder's quality of work, so it pays to find an inspector who is 100% satisfied with the builder's work. Be sure to see page here!