7 Pitfalls to Avoid When Buying a New Home

Tuesday June 5, 2012

Pitfall #1: Setting yourself up for high energy bills

A new home built today is required by law to meet stricter energy codes than homes built in the past when energy codes didn’t exist or were much more lenient. Lamar Smith Signature Homes uses materials that are designed to exceed the strict limits to produce future savings for the owner. These savings can often be hundreds of dollars per year. Low “E” glass, Radiant Barriers, Poly‐foam around all windows, doors, and along ceiling and corner joints and an engineered 14 seer Amana Air Conditioning unit are all available or standard with Lamar Smith Signature Homes making our homes extremely energy efficient. Additionally, our use of 30 “R” blown fiberglass insulation in all flat ceilings and 13 “R” batts fiberglass insulation in exterior walls keep energy costs to a minimum. We also use ridge vents on roofs because they are the best venting system for residential homes. We use air hawks to assist venting when ridge vents are not as efficient.

Pitfall #2: Financing your home through a lender who works slowly and charges high fees

By using one of our preferred lenders, you will not only benefit from their expertise and their familiarity with the neighborhoods in which we build, but we will help to pay some of your closing costs. This makes the process less expensive and easier for the new home owner. The loan/closing process is greatly simplified because of this close relationship. Both offices are staffed with exceptionally qualified personnel who are in touch with the market and are able to offer the best available mortgage plan for your needs.

Pitfall #3: Buying a home that’s constructed with inferior materials

Lamar Smith Signature Homes consistently upgrades the building materials used in an effort to offer our customers the latest and best materials on the market. Code requirements are a measure of minimum acceptable construction techniques and materials. Lamar Smith Signature Homes strives to exceed those requirements.

Pitfall #4: Settling for no appliances or sub-standard appliances

Appliance manufacturers introduce new models every year and homebuilders like Lamar Smith are able to offer the latest state‐of‐the‐art equipment at the time of completing a new home. And, because the homebuilder buys for his entire production of new homes, his purchasing power can reduce the cost to the buyer. Lamar Smith Signature Homes offers one of the best appliance packages on the market.

Pitfall #5: Buying a home now that will lead to high maintenance bills later

A primary benefit of owning a Lamar Smith Signature Home is that they are low maintenance. New technology has made the homes of today virtually maintenance free, especially on the exterior. For example, no longer does the homeowner have to worry about painting every 3‐5 years. Along with the many code inspections performed by city municipalities and others, Lamar Smith Signature Homes performs several self‐imposed inspection of all aspects of the construction process to ensure that the homes are being built to our standards and that future maintenance issues will be kept to a minimum.

Pitfall #6: Inheriting the prior owner’s bad tastes

With a new home, it’s possible for the buyer to be the designer before moving in. You choose the carpet, wall coverings, paint color, light fixtures, window treatments, floor coverings, crown molding, and more. This enables you to live with your personal selections instead of being restricted by the tastes of the previous owner.

Pitfall #7: Failing to get a warranty or getting a warranty from an unreliable source

Lamar Smith Signature Home buyers are assured at least a one year warranty on the home itself and most likely five years on major appliances including air conditioning and heating systems. Lamar Smith Signature Homes extends structural warranties to a full ten years, underwritten by 2-10 Home Buyers Warranty. We are local and always available to address customers’ warranty questions. Our construction managers are all highly‐experienced builders. It is unlikely that you will have warranty issues due to that experience. However, if you do, Lamar Smith Signature Homes has the reputation of rapid response to customers’ needs and concerns.

Bonus Pitfall: Purchasing a home with sloppy finishing

Finish work is one of the most important parts of the building process. Poor quality craftsmanship in the finish process makes the home look cheap and exposes obvious faults in the construction. We ensure that your home has a professional touch by properly finishing all walls, corners, window reveals, countertops, cabinets, trim, and moldings.

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