Set Your Budget

The first step in your journey is to set a realistic budget. Knowing how much you can afford will guide your decisions and narrow down your options. Consider all costs, including the base price of the home, upgrades, and any additional fees.

Calculate and Save for Your Down Payment

Next, calculate how much you need for a down payment. Many times, new construction homes will require a 20% down payment, however there are programs such as this one that can lower your down payment and interest rates. Start saving early to meet this goal, and explore different financing options to find the best fit for your situation.

Determine Your Area of Interest

Identify the area where you want to live. Research different neighborhoods and consider factors like school districts, proximity to work, and community amenities. The location can significantly impact your lifestyle and long-term satisfaction with your new home. Take a look at the areas that we have homes available here.

Visit the Communities, Speak with NHCs, and Determine Which Floor Plan You Are Interested In

Once you've chosen a potential area, visit the communities and speak with New Home Consultants (NHCs). They can provide valuable insights into the various floor plans and features available. Spend time touring model homes to get a feel for the layouts and finishes that best suit your needs. Additionally, NHCs will be able to show you virtual floor plans and allow you to build out your dream home, if it is not currently available. 

Determine Whether You Build or Buy a Spec Home

Decide whether you want to build a custom home or buy a spec home. Building from scratch allows for more customization, but it can take longer. Spec homes, on the other hand, are move-in ready and can often be purchased at a lower cost. Evaluate your timeline and preferences to make the best choice for you.

Make an Offer

Once you’ve determined whether you’re building or buying a spec home, it’s time to make an offer. Bring your offer directly to your NHC for the community you are purchasing in.

Offer Accepted Pending Close

Once your offer is accepted, the home will be pending close. During this period, your primary job will be to formally secure financing for the home, complete any necessary paperwork related to the home as directed by the NHC, and simply prepare for closing. We have a partnership with Kindred HomeLoans who can help you get preferential rates for the purchase of your new home.

Close and Move In

Finally, it’s time to close the deal and move into your new home. Review all closing documents carefully, and don’t hesitate to ask questions if something isn’t clear. After closing, celebrate this exciting milestone and start enjoying your new construction home.

Buying a new construction home is a rewarding experience when approached with the right strategy. By following this checklist, you can confidently navigate the process and find the home of your dreams. Whether you're working with Kindred Homes or another builder, remember that preparation and informed decisions are key. For those in the Dallas-Fort Worth area, choosing the DFW best home builder will ensure a quality home and a seamless buying experience. Happy home hunting!