Buying a construction property in Mitchells Plain is not quite the same as buying a “pre-owned” property in Mitchells Plain. For the most part, construction properties tend to be cheaper than pre-owned ones, but it’s always good to do some research to see if this is the right choice for you. If it is, these guidelines are for you.
Always go through a trusted local estate agent.
‘For sale’ signs, sometimes mean there’s an off chance that you can simply walk up to the owner and make an offer, but when it comes to buying construction buildings, you need to use someone you trust – someone who knows exactly what’s involved in this sort of endeavour. Having your own estate agent in Mitchells Plain will ensure that you get exactly what YOU need, not what the seller wants.
To find a reputable estate agent, you can start by looking at property websites, like http://www.houses-for-sale-in-mitchells-plain.com/listings. You could even visit their offices to see if there are agents that deal with this sort of property sales and arrange to meet with them. Once you’ve found a trusted estate agent, you’re well on your way.
Review the warranties offered.
Not all construction warranties are created equal. Some builders offer warranties for everything in the building while others will only offer warranties for specific areas of the property. Some offer long warranties that can last up to ten years while others only offer warranties for about a year. The appliances within the property also come with different warranties. Make sure to thoroughly review the warranties offered by the builder before deciding what to buy.
The floor plan is subject to change.
Although you’ll have plans drawn up, there may be a few things that are a bit different once the actual structure is completed. This is because some things may work in theory, but not in reality, so things may need to be moved around or changed in order to fit properly. In a house, for example, you may end up having to go with a rectangular bath tub as opposed to the oval bath you initially wanted. You’ll need to keep an open mind with these things.
Add a month to the estimated finish time.
Add about a month to the estimated completion date provided to you by the construction company to be safe. The estimated timeframe given is usually based on everything going according to plan, which is rarely the case. There will probably be some delays and unforeseen expenses that should be catered for during the construction period.
Include your reputable estate agent, every step of the way.
Once you’ve found a trustworthy real estate agent Mitchells Plain, be sure to include him/her in everything regarding the purchase. Your agent knows the industry well and has your interest at heart. Developers may not like it much, but your agent should be included in every conversation, negotiation and decision made. This way you can rest in the knowledge that everything will be done properly and that the budget won’t be overshot for reasons that may elude you as layperson.
As you can see, there are a quite a few differences and extra things to take into account when buying a construction property as opposed to buying pre-owned one. It is therefore vital that you find a reliable real estate agency that you can trust and follow their advice on how to buy a construction property for sale in Mitchells Plain to avoid disappointment later on.