7 Steps to Buying an Inventory Home

In today’s hot real estate market, many builders like Brookfield Residential offer pre-planned inventory homes that are already in a construction phase. Getting started can make the process of buying and building a home even easier. But what should we expect? Here are the basics.

1/ Define your priorities

Make a list of must-have features for your home and community. Some people choose their neighborhood first (may we suggest Easton Park, addisonWhere kissing tree), while others fall in love with a builder or a floor plan.

2/ Securing financing

Find an experienced local lender like the team at BRP residential mortgage. They’ll walk you through the options for figuring out what you can afford and how to structure the payments. They will also provide a pre-approval letter. In high demand markets like Austin, it’s a good idea to get pre-approved for a loan early so you can move quickly when you find your home!

3/ Choose your house

Talk to builders and check availability floor plans and design options within the communities you love. One of the benefits of an inventory home is that the interior finishes are all planned by design experts, so this is your chance to get a custom look without having to make all the decisions!

4/ Think about the timing

Inventory homes are not always move-in ready. Some inventory homes may be completely finished, while others may be in the early stages of construction. Talk to the builders about your options and when you would like to move.

5/ Sign the contract

Once you have found your accommodation, you will sign your contract and make it official!

6/ Construction

Now is when things really start to get fun. Your builder will explain what to expect and send you updates; some builders like Brookfield send updates through an app so you can track progress with photo updates and more.

7/ Closing

A few days before closing, you will take one last walk. You will complete the closing paperwork for your new home and, after financing, you will get the keys to your new home!

The most important tip? Go with a constructor like Brookfield Residential that takes care of you every step of the way, whether you’re buying a stock home or building from scratch.

Want to know more? The Brookfield Residential team is happy to answer your questions or help you understand what to expect. Stop by their communities at Easton Park, addisonWhere kissing tree-Where check them out online.