Home Buying Guide
Buying a Brand-New Home: Contract and Handover Process
Buying a brand-new home has its advantages, but the process must be secured by a contract.
What should the contract include?
The delivery date, the materials to be used (the specification list), the payment plan and the terms for delays must be stated clearly.
Delivery assurance
The projects a developer has previously delivered are the strongest assurance. Completed references are worth more than promises.
After delivery
Find out the scope of the warranty and how the site will be managed. Good management preserves the home's value.