In the last few days, we’ve had a lot of progress on the selling and buying front. We’re pretty sure we’ve figured out where we want to live (Jefferson Hills), in new construction. I’m testing the drive into work tomorrow to confirm if the commute is OK. I got myself a parking pass – it’s in one of the more expensive areas ($121.50/mth) because that’s all that’s left, but it is a garage. After the bus passed by 3 days in a row without stopping at my stop for me to get on – resulting in me taking 1.5hrs to get home each time – I’m done with the bus for actual commuting.
We also got an offer on our house in VA tonight. Almost exactly what we were asking for – they offered list price with 10k in closing cost assistance. We’re countering with list price and 5k in closing cost assistance. They want to close while we’ll be in Europe, so we told our Realtor that we need to close before we leave (preferable) or after we get back. So, our closing date may be Sept 30. Not so far away! Fingers crossed that we get to closing with this first one!
We’ve never dealt with new construction, but we *really* liked the model house and the available lots. The model was within our price range, and there were some options that we would do without to make it even more affordable – but we’d finally have our “dream” kitchen! They want 8k down before we can get on the construction schedule, and then we’d complete the financing when the house was finished. We’re looking at 5-6 months at least – during which time, we’d be living at my mom’s and saving money (almost 3k/month) to buy the “upgrades” we want that aren’t offered as part of the package – like a specific range or custom paint colors. We’re trying to do our research about the builder through Angie’s List and BBB, but this is new territory for us.
Has anyone bought new construction? Anything we should specifically ask or research about the builder or the process? Or anything else that would be useful for us to know about buying a new construction home?