Penalties for late closing, sometimes up to $150/day.
Builder contracts are usually one-sided. Pay close attention to: buying a house directly from builder
Clauses allowing the builder to raise prices due to material cost increases. Earnest Money: How much money is at risk if you back out. Penalties for late closing, sometimes up to $150/day
Do not rely on the builder's municipal inspection. Hire an independent inspector to perform checks at key stages: foundation, pre-drywall, and a final walkthrough before closing. Negotiating Tips Pros and cons purchasing new home with builder (no realtor) Penalties for late closing
If you intend to use a real estate agent later, you must bring them to your very first visit . Most builders will not allow agent representation if you visit alone first.