In today’s hot real estate market, many builders like Brookfield Residential are offering new construction homes that are already in some phase of construction. These pre-planned inventory homes can make the home buying process even easier. But how does it work? Here are the basics.
1. Know What Matters to You
Make a list of must-have features for both your home and community. Some people choose their neighborhood first (may we suggest Easton Park, Addison, or Kissing Tree); others fall in love with a builder or floorplan.
2. Get Prequalified
Find an experienced local lender such as BRP Home Mortgage. They’ll talk you through options to determine what you can afford and how to structure payments. They’ll also provide a pre-approval letter which will let you move quickly when you find your home!
3. Choose Your Home
Talk to builders and check out available floor plans and design options within communities you like. One of the advantages of an inventory home is that interior finishes are all chosen by design experts, so you know the interior will look amazing.
4. Think About Timing
Inventory homes aren’t always move-in ready. Some inventory homes may completely finished, while others may be in the early stages of permitting. Talk to builders about what your options are and when you’d like to move.
5. Sign the Contract
Once you find your home, you’ll sign your contract and make it official!
6. Construction
We have homes available in all stages of the construction process, so depending on which home and lot you choose, your home may just be in the beginning phase of construction or almost complete! Your builder will walk you through what to expect and send regular construction updates; some builders like Brookfield send updates through an app.
7. Closing
A few days before closing, you’ll do a final walk through. You’ll complete the closing documents, and after funding, you’ll get the keys!
And the most important advice? Go with a builder like Brookfield Residential who takes care of you through each step of the journey, whether you’re buying an inventory home or building from the ground up.
Want to know more?
The team at Brookfield Residential is happy to answer any questions or help you understand what to expect. Stop by their communities at Easton Park, Addison, or Kissing Tree, or check them out online.
