So, you just moved in to that newly built home. It’s nice and it feels good right? I know, nothing beats the joy and sense of accomplishment moving in to a house you can call your own, more so, if it’s just newly built. Unfortunately, we know of a lot of cases where a lot of these homes have serious defects and as such, the homeowners face the problem of shelling out more money to shoulder the costs of repair. Often, the fast pace of construction is the known culprit.
A lot of the defects on new homes show up months or even years after moving day. So, what is the best defense of a would-be homeowner? Hire a real estate lawyer and a building inspector engineer. A few key clauses in your contract and inspections during construction can save grief later. But still even if this is in place, you must know that there’s still a chance that something can go wrong. Case in point, my husband’s best friend. He didn’t buy a newly built home. It was a 25 year old home he bought in New Jersey. As a matter of good measure, he hired both professionals as stated above, yet, he still wound up having a flooded basement as soon as the first heavy downpour came from when they moved in. They now continue to live with a pump in their basement.
The need to tread carefully when making any major purchase is not optional, it is a must. That also includes all types of insurance. With the proliferation of many fly by night outfits, hooking up with a reliable insurer and a car insurance agent if one is in the market for a new insurance policy is very important.
Just like any other purchase, there’s always a chance of getting a lemon. It’s good to have an open mind and be ready for any problems.