Sometimes home buyers want to buy a brand new home instead of a re-sell home. Home buyers sometimes want to buy a new house from a home builder.

There are some things that are very important that must be considered when thinking of buying a brand new home or townhouse or condo.

Obviously, whenever purchasing real estate, a home buyer should always be represented. This doesn’t mean being represented by the Listing Agent who represents the Seller or a new home subdivision personnel who represents the Builder.

All home buyers need professional representation by a Boston Buyer Agent who will you solely represents the home buyer’s best interest.  Many new home builders offer the Buyer’s Realtor a commission if the Realtor brings the home buyer to the subdivision. A Boston Buyer Broker can negotiate the best price, and terms for home buyers.

One very important aspect of purchasing a new Boston single-family, condo or townhouse from a home builder is to make sure that the builder is solvent, at least as much as you possibly can. Personally, I would only buy a new home from a builder if it was at the end of a project versus at the beginning.

There are builders in our region who have gone out of business and each month there seems to be another one to add to the list. This may seem insignificant to you, but believe me when I say, that it has a very significant impact on every new home buyer in a subdivision where the home builder has filed bankruptcy.

Liens are placed on each and every new home in a subdivision where the builder has gone out of business. Sometimes as many as 16–18 liens have been placed on the homeowners property in a subdivision. Not only are the liens placed on homeowners who purchased a house in the subdivision but the remaining portion of the subdivision is not finished and becomes quite an eye sore.

Tip: When considering buying a new home at a new home subdivision be sure to:

1. Contact your Realtor and get proper representation before visiting any new home builder subdivision.
2. Get a Home Inspection of the new house or new condo. Don’t have the builder represent you.
3. You don’t have to use the new home builder’s lender. Many times you can get better loans elsewhere.
4. More info call Ford Realty at 617-720-5454