: Building from the ground up on your own land. This allows for total personalization but is the most expensive and time-consuming route. 3. The Construction & Personalization Milestones
Once you sign a purchase agreement and pay an , the technical milestones begin: What to Know About Buying a New Construction Home buying a new house process
: Lenders evaluate your Capacity (income/debt ratio), Capital (savings/assets), Credit (score and history), and Collateral (the home's value). : Building from the ground up on your own land
: Already under construction or finished. Faster move-in, but choices like flooring and cabinets are likely already made by a designer. Credit (score and history)
The process varies significantly based on how much control you want over the "features":
Before looking at model homes, you must establish your "personal affordability" number.