Like any seemingly complicated process, it can be simplified into a few main steps. You don’t need to know everything about financing and buying a new construction house when you start your new home buying journey. There are professionals in place to guide you along the way.

This video can help you become more familiar with the typical process of buying a new construction home from a builder. It provides an overview of the six steps typically involved in buying a new build home.

Finding Your Dream Home

Buying a new construction home is affordable to more people than ever before. New build homes tend to be more energy efficient and have less maintenance. Find your new build dream home in desirable areas you want to live in. Brookfield Residential builds new construction homes throughout North America, including the U.S. and Canada. Reach out to us today to learn more.

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Video Transcript

The idea of buying a new construction home is an exciting prospect and may be well within your reach. More options exist today for buying new build homes than ever before. The process of buying a new construction home can be simplified with a few important things to consider. Here are the main considerations involved when looking to buy a new build home:

One: Deciding what city or area you would like to live in.

Ensure to consider things like geography, available amenities, quality of schools, and commute times.

Two: Exploring which product type is right for you.

Some areas may lend themselves to more homes of one type than another. Determine if you need a move-in ready home, the size of home, number of bedrooms and other needs. Be sure to also consider your lifestyle and future plans when deciding the type of new home you’ll want, whether that be a condominium, townhome, or single-family home. Keep in mind that home pricing varies from location to location.

Three: Get to know the builder and available build options.

The sales team can present you with new build options to consider that can include buying a completed home or a home that’s under construction. Even when you opt to buy a home that has construction underway, you may be able to personalize the options and materials found within the home. Builders often offer comprehensive warranties on the fit and finish of the new home and help ensure a transparent, easy process.

Four: Secure home financing

Builders can walk you through the financing journey, recommend a mortgage lender and can also help with the mortgage preapproval process. Builders often offer comprehensive warranties on the fit and finish of the new home and help ensure a transparent, easy process.

Five: Let the excitement of your new home begin!

Have fun getting to know the area, and learning how to properly operate your homes mechanics and any SMART technology features.

Congratulations on your new home!