Buying or building a new home should always be a memorable and cherished experience. Unfortunately, it is not so for most people. This is because you as customers should be aware of certain loopholes the builders try to cover up. Lack of awareness of this, will result in a nasty experience. Some of the things to be aware of are: Constructors are always on the lookout for the cheapest ways to get the work done. A business will always place the bid in the hands of the lowest bidder while handing out work. Hence, never believe the builders when they say that they use the ace craftsmen in town. The reality is that they go in for the cheapest labor available, many a times hiring unskilled people with no experience. However this may not be true in the case of certain long standing builders who have their fixed team of workers throughout the year. Before signing the deal, always have an attorney carefully scrutinize the terms and conditions. Look out for the options you have in case of a defect or malfunctioning. Never sign the contract if the builder is not legally bound to fix the defect or sort it after you move in. Before moving in, it is beneficial to take your own certified home inspector to check for abnormalities and general quality inspection. Never trust the inspectors got by the builders. In most cases they are either unlicensed or hand-in-glove with the builder. These inspectors just come as a formality and are rarely bothered to check for the defects present. The government or county inspectors are generally worse. You must realize that they are so loaded with work that they can hardly spare 15 minutes per house. Also they are more concerned about health and hygiene conditions than labor defects. Do not believe the sales representatives of a builder as they are generally not licensed or regulated by the state. So they go about making false promises. Never sign the contract before verifying all the said claims and better still, take them in writing. With builders facing a land crunch, a lot of reclamation work is being done swamps and marshy areas and builders are building on them. These are not favorable areas to have the foundations of your house sunk into. A lot of states have different rules so always beware of what happens to your token money in case you decide against going forward with the deal. Never assume the course of action and always take it in writing from the builder. You do not want to fore go all your earnest money if you back out of the deal.
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