The team · Buying a home

New-construction & REO specialists

Two common paths that don't follow the normal playbook.

When · Special cases

Buying new construction

  • The on-site sales agent works for the builder, bring your own agent to the first visit.
  • Get the builder's warranty in writing, and understand what it covers and for how long.
  • Never skip the walkthrough and punch-list; 'new' is not the same as 'flawless.'
  • Watch upgrade and lot premiums, they add up fast and don't always add resale value.

Buying a foreclosure or REO

  • Bank-owned (REO) homes can be cheaper, but they sell as-is with limited disclosures.
  • Timelines are slower and less predictable; the seller is an institution, not a person.
  • Lean harder on inspections, and budget for the unknowns.

When this applies

Only if you're buying newly built or bank-owned, most purchases don't touch either, but both reward a specialist who's done it before.

See special situations in the buying journey.  Back to Buying a home →

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