Purchasing a newly built home is exciting, and it’s even better when you know what construction pitfalls to watch out for. At Bernardini Law PC in North Andover, MA, seasoned real estate attorney Christine Bernardini advises and represents homebuyers to ensure they avoid traps that ensnare inexperienced purchasers. The following list of red flag items will help you make wise decisions in your upcoming real estate transactions.

What to Be Wary of When Purchasing a Home

1. Builders’ License

Before signing a real estate sales agreement for a new home, wise buyers check builders’ licenses. If they are not state accredited construction supervisors or home improvement contractors, count it as a red flag. Check the Public Safety and Inspections website for information on construction supervisor licenses and disciplinary actions; the Office of Consumer Affairs website provides information about home improvement contractors.

2.Builders’ Financial Status

It’s a red flag if builders have mechanics’ liens recorded against them. A history of not paying their subcontractors can mean they don’t have enough money to cover their costs, and may cut corners during construction to save on expenses. The Massachusetts Land Records website lists liens by builders’ names. You should consult a real estate attorney if you find any, especially unsatisfied ones.

3. Builders’ Written Warranties

Builders usually provide written warranties for one to three years, though state law doesn’t require it. If they refuse to do so, it usually indicates they won’t stand behind their work if problems arise. Talk to your real estate attorney about guarantees and your rights, including the implied assurance of habitability for defects in construction.

Bernardini Law P.C. offers new home purchasers detailed and professional services before they sign their sales agreements. If you plan to build or buy a new house, contact an experienced real estate attorney from the firm for quality counsel and guidance. Call (978) 794-5525 today to schedule an appointment to discuss your situation. Attorney Christine will protect your best interests by rigorously reviewing contracts before they become binding.