Buying a new house—especially new construction—is a detailed multi-phase journey that typically spans . Unlike buying a resale home, this "deep feature" process involves selecting everything from the plot of land to the specific kitchen tiles before the home even exists. 1. Financial Preparation & Strategy
: Lenders evaluate your Capacity (income/debt ratio), Capital (savings/assets), Credit (score and history), and Collateral (the home's value). buying a new house process
: Essential for new builds to show builders you are a serious buyer. Many builders have preferred lenders who may offer specific incentives like closing cost assistance or design credits. 2. Choosing Your Path: Build Types Credit (score and history)