You should not
rely only on the statements made in the sales brochure when considering
purchasing a home that is still being built. The build house cost’s ability and resources have a large
role in the outcome.
A report from the scene
You may get a lot
of information about a firm by typing its name into search engines like Google,
Yahoo, or Bing, and then looking through forums, blogs, news stories, or
property websites. Field research, on the other hand, is always an excellent
idea. Consult with former residents and real estate agents in the area who have
recently sold their properties. Comparing a builder's current market pricing
for previous projects to those of their rivals in the same area is another way
to gauge their reputation.
A history of success
In order to ensure
a smooth transaction, you should choose with an established building contractor
with a proven track record of successful
completions. In addition, you may check out his previous projects and see how
effectively they were done. You should never purchase anything if you cannot
trust the seller to be open with you about the terms of the deal.
Stability in the financial sector
How much debt does
the corporation have? Obtain a copy of the company's financial statement, and
if the firm is unable to repay its debts, terminate the project. Some of the
builders that are registered with the BBB provide financial information about
themselves on their websites.
The Wall