1) Have an experienced Agent represent you - Someone who knows how the process is supposed to work.
2) You can always negotiate better deals on the specs. The longer it has been sitting the more they will do whether they admit it or not.
3) With National Builders who trade on the stock market find out when their physical year ends.
4) Shop Financing. Even though most builders will offer incentives for using their in house lenders sometimes you can do better outside.
5) Do the basic upgrades when in construction and leave yourself time for other upgrades after you close. Example. - Choose, Tile, Cabinets, and Counters. These are the most important. You can save a lot of money doing the other upgrades with an outside contractor after the fact. Crown Molding, Paint, Faucets ...Etc.
6) Check the builder out. Is he financially secure
7) Go in to the community after 5 or 6 when the sales office is closed and go for a walk. Talk to the residents and see what their experience was.
8) Ask about community Fees. Dramatically and/or . They will vary quite a bit.
9) Ask about future areas of development and make sure the location you choose won’t be changed dramatically after.
10) Always assume that protected areas could change in time,
11) If it is a new community with a lake or pond ask where the littoral shelf is located. All new manmade lakes and ponds have to have them and your water view could go to weeds in a couple of years and there is nothing you could do about it,
12) This is worth saying twice. Use an agent like myself that knows the process. It doesn’t cost you as the buyer any more to have or not have representation. The experienced eye and ear will come in handy when things get a little stressful and they always will at some point.
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