The Condo Guy talks about the key factors of buying new!

There’s something about new construction Vermont condos that just stands out, it’s much like that new car smell, it’s just…….new!  There are many benefits that come with new construction, especially if you get to add your personal touches.  Just like when purchasing any kind of home, it is crucial that you’re well informed.  What’s the reputation of the developer or the builder?  Is the building definitely going to be built, or does the developer nees a certain number of presales before construction can begin?  How realistic are the completion and move in dates?  These are all important questions that should be asked and answered.

Another crucial element in purchasing new construction is the P.O.S. (Public Offering Statement).  This is a crucial document that is mandated by Vermont law that the developer must provide to all purchasers.  Here, you’ll find not only permit status but also anything in the neighborhood that might impact how you enjoy your home.  Are there any correctional facilities nearby?  Are there any roads like the Circ that might be coming within earshot?

There is nothing like new construction.  Being the first person to occupy a home really makes it feel like yours, just know what you are getting.  To learn more about new construction, contact me at condoguy@condoguy.com .  As always, I’ll talk to you soon!

~ Bill Desautels

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