Buying newly constructed Santa Cruz real estate isn't much different from buying an "already used" home. What variances there are, however, can make all the difference between buying a diamond or a lemon. Here are a few tips to keep in mind when buying new construction:
Tip #1: Don't use the builder's sales agent - hire your own.
If they're the builder's agent, they're being paid to represent the builder, no matter what they tell you. Your own Santa Cruz real estate agent, who is representing you, is required to tell you the negatives as well as the positives. The builder's agent doesn't have to tell you the drawbacks of the transaction.
Tip #2: Find your own lending agency.
Again, if you go through the builder, the lending agency may offer you a deal