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Building or Buying a New Home

Often new homes are a good buy because they offer quick occupancy and good prices for buyers who will buy and settle quickly. Some things to keep in mind when looking for new homes:

Stability of the builder - How long has the builder been in business in your area of choice? Are there any claims for deficiencies in homes built by that particular builder?

Customer service is a very important aspect of purchasing a new home. It is usual for builders to stand behind their homes for the first year and offer several walk-through inspections after settlement.

How to Buy a New Home

Your New House Extensive information on building or buying a new home.

If you're building your own home, be sure you made an educated choice when selecting a contractor.

National Association of Home Builders Learn more about building materials and home construction.

HUD requires that each property insured with an FHA mortgage meet the Minimum Property Standards and one of the nationally recognized building codes or a State or local building code based on a nationally recognized building code.

HUD Field Offices should be contacted for the information concerning accepted building codes.

Housing Guides of America Guides to New Homes in 25 Cities

Related Articles:

Shopping For a Mortgage Information that will help you
shop for a mortgage most effectively.
Types of Mortgage Loans Review characteristics
of all the basic loan programs available today.
FHA Programs
Buying a Lot

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