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Chris Graves, Certified Mortgage Advisor

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Home / Real Estate Information / Home Buyer Tips / New Construction Tips For MA & NH

01.20.14 Home Buyer Tips, Local Information

New Construction Tips For MA & NH

Building a custom house can be very exciting. There are unlimited features to think about, which tends to be a bit overwhelming. The new construction tips for MA & NH below will help you through the process.

New Construction Tips For MA & NH

1. Understand the Costs

Your budget may require you to weigh different options. It is normal to want all the features that you have dreamed of, but it is also critical to keep in mind that all things have a price tag. Prioritize your list into must-have versus nice-to-have items. Once you understand the cost of the must-have items, you should then move on to the optional features until you approach the maximum budget. Remember that there may be additional expenses as well, so include a cushion in your budget as a precaution.

2. Record Keeping is Key

It is critical that you and the builder understand each other. A lot goes on in the planning and building phases. This can make it a challenge to remain in sync. Document all alterations to construction plans. If you verbally discuss anything, put it in writing to ensure that what you remember is accurate.

3. Be Understanding

Problems can occur with any building project. In certain cases, you both will need to compromise to fix a problem. Maintain a good relationship with the builder and make the effort to understand the reason and potential solutions. By using a professional approach and working together towards a fix, the building of your new home will move along more smoothly.

Maximizing the New Construction Process

The process of new construction is not really a simple one, but it need not be an extremely stressful one either. Begin with a practical understanding of what you can afford based on your budget. Maintain good documentation and open communication with the builder prior to and during the building process. Lastly, work with your builder to fix issues. In the end, you want a property that you will love and your builder wants a quality property to add to his portfolio. Keeping the above advice in mind will help you both reach your goals and lead to a less stressful experience. The new construction tips for MA & NH in this article are just a few of a wide range of tips available. Subscribe to this blog for future tips on new construction.

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Tags: MA, new construction

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Chris Graves

I grew up in Massachusetts, spent the majority of my young adult life in Boston, and own a home in Windham NH. I have owned properties in MA and NH. I specialize in mortgage lending in Massachusetts and New Hampshire and my company does have the ability to lend in other states. I graduated from the University of Massachusetts in Amherst Massachusetts in 2002. I have a Bachelor’s in Science. In addition to managing a team of loan officers my personal loan production is always in the top of the entire of company. I have personally been in the mortgage business for over 13 years. I pride myself with taking my clients from application to close in the smoothest and quickest way possible, while keeping them well informed during the entire process. I originate my own loans from start to finish and work hand in hand with my loan processors & underwriters to make sure I am updated to the minute with all of my files. I stay up to date with lending guidelines and speak with underwriters on a daily basis to ensure I am aware of all of the lending guidelines in place.

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Direct/Mobile: 978-376-5389
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Topics

  • Local Information (61)
  • Misc Topics (14)
  • Mortgage Information (118)
  • News (22)
  • Real Estate Information (176)
    • Featured Properties (2)
    • Home Buyer Tips (134)
    • Home Maintenance & Repair (12)
    • Home Seller Tips (40)
    • Market Trends (24)

Disclosure

Company NMLS 1788.
Licensed by the New Hampshire Banking Department #13092-MB.
Licensed in Massachusetts.
Licensed in Maine.
Licensed in Florida.
Lender and Broker License #MC-1788 (Not Licensed in Alaska or New York)
http://www.nmlsconsumeraccess.org
Click Here for Our Privacy Policy

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