I’m buying a brand new construction condo.?
Question : I’m buying a brand new construction condo.?
But it’s a distress sale – half off the prices. The place is VERY high end – granite, thick walls and other high end finishes. It reeks of quality and craftmanship. The builder designs these and also multi-million dollar homes. Do I really need a home inspection where everhting inside looks absolutely perfect in every way? Or should I just buy a home warranty (less expensive).
new construction home warranty
Best answer:
Answer by kevin h
One rule of real estate is never, ever buy a home without an inspection! Not everything may be as it appears. A well trained home inspector should be able to find any potential flaws. I think that with it being new construction there should be a builder’s warranty that comes with the condo. Look into that a little more. Don’t buy without an inspection, because if they find something wrong, it could end up saving you thousands in the long run!
This entry was posted by admin on September 30, 2010 at 11:15 pm, and is filed under Home Warranties. Follow any responses to this post through RSS 2.0.You can leave a response or trackback from your own site.
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#2 written by steveko777 1 year ago
In the case of a distress sale–it is in your best interest to have an inspection..The builder may have known he was in trouble and cut corners or did things sub-code that you don’t see..My main concern is the mechanical systems…I would like to see any problems corrected before closing or used to negotiate a lower price. It is standard in new construction for you can to get a one year warranty included—but you need to be concerned if this builder will be around in the future and problems are better dealt with before you close..Better safe then sorry- I cant see a condo inspection being more then $ 300.
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Inspection are worth it. If you KNOW construction then no, but if not, then pay for the peace of mind.
Good luck.