New Construction FAQ
Straight answers to the questions buyers ask most about buying a newly built home.
Buying and timelines
How long does it take to build a new home? It varies by builder and market. A to-be-built home commonly takes several months, while a quick move-in home may close in weeks.
What deposit will I need? Builders set their own deposit and upgrade payment requirements. Ask for them in writing before you sign.
Can I sell my current home first? Some builders accept contingent offers; many don't. A quick move-in home or careful timing can help line up both sales.
Financing and incentives
Do I have to use the builder's lender? Not always, but some incentives require it. Compare the full loan terms with an outside lender.
What is a rate buydown? The builder pays to lower your interest rate, either for the first few years or for the life of the loan. See our Builder Incentives guide.
Inspections and warranties
Do new homes need inspections? Yes. Independent inspections before drywall and before closing can catch issues while the builder can still fix them.
What warranty comes with a new home? Most builders include a warranty, often with different coverage periods for workmanship, systems and structure. Coverage varies by builder, so review it before you sign.
Upgrades and options
Are upgrades worth it? Some are hard to add later, like structural options or electrical changes. Others, like paint or light fixtures, are often cheaper after closing. Prioritize upgrades that are difficult to change.
Closing and move-in
What is a final walkthrough? Before closing, you tour the finished home with the builder and list anything that needs fixing, often called a punch list.
What if I find problems after I move in? Report them through the builder's warranty process. Keep records and photos, and note any deadlines for warranty requests.
When do I get the keys? Usually at or shortly after closing, once funding is complete. Ask the builder about their specific process.
Common questions
Do I need my own agent?
It's strongly recommended. The builder's sales rep represents the builder. See why on our Why Use Your Own Agent page.
Can I negotiate with a builder?
Often on incentives, upgrades or closing costs, and sometimes on price, especially for finished homes.
Where do I start?
Book a free consultation and we'll walk through your budget, timing and the best current options.
More new home guides: Builder Incentives · Quick Move-In Homes · Las Vegas New Homes · Southern California New Homes · New Homes Nationwide
Talk to a New Home Specialist
Call or text 702-720-2660 (Nevada) or 949-420-9190 (California), or book a free consultation online. Let's make home buying affordable again.