Penalties for late closing, sometimes up to $150/day.
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. buying a house directly from builder
Since you are acting as your own agent, having a real estate attorney review the contract is essential to identify risks and negotiate terms. Penalties for late closing, sometimes up to $150/day
Builder sales agents represent the builder’s interests, not yours. They may not offer lower prices just because you are unrepresented, and you might miss hidden risks in the contract. Key Steps in the Process Since you are acting as your own agent,
You may find it easier to negotiate builder incentives (like closing cost credits or upgrades) because the builder isn't paying a buyer's agent commission.
Clauses allowing the builder to raise prices due to material cost increases. Earnest Money: How much money is at risk if you back out.
Builder contracts are usually one-sided. Pay close attention to:
