FAQs
Capital Region Premier Property Group
Have an HOA-related question? We have the answer. Check out these FAQs and give us a call today for more information!
Do I need a real estate agent when buying new construction?
While not required, working with a real estate agent when purchasing new construction can be advantageous. Agents offer expert advice, handle negotiations, and assist you in navigating the complexities of buying a newly constructed home.Should I get a home inspection on a new construction?
Yes, it's advisable to obtain a home inspection when building in one of the new construction communities in Saratoga Springs, NY. Even newly built homes can have defects or issues that may not be immediately apparent. An inspection can identify potential problems before you finalize the purchase.What is an HOA?
An HOA, or Homeowners Association, is an organization in a subdivision, planned community, or condominium building that makes and enforces rules for the properties and residents. It typically maintains shared spaces and manages community affairs in HOA communities in Saratoga Springs, NY.Can I customize my new home?
The ability to customize a new home often depends on the builder and the stage of construction. Many builders for new construction communities in Saratoga Springs, NY offer options for customization, such as selecting finishes, fixtures, and sometimes layout modifications, especially if you're involved early in the building process.How long does it take to build a new home?
The construction timeline for a new house in new construction communities in Saratoga Springs, NY can vary significantly based on factors like size, complexity, and weather conditions. On average, our experts at Premier Property Group have found that it typically takes between 6 and 12 months from breaking ground to completion.What kind of warranties come with a new construction home?
Homes in new construction communities in Saratoga Springs, NY usually come with warranties that cover different aspects of the property. These may include a short-term warranty for workmanship and materials and longer-term coverage for major structural elements. It's important to review the specific warranty terms, so be sure to contact the builders at Premier Property Group today.Is HOA membership mandatory?
In most cases, HOA membership is mandatory if you purchase a property within one of the maintenance free communities in Saratoga Springs, NY that is governed by an HOA. This requirement is typically outlined in the property's deed and community bylaws.Can I opt out of an HOA?
Opting out of an HOA is typically not possible if you own property within a community governed by an HOA. Membership and compliance with HOA rules are usually conditions of property ownership in these areas.Will HOA fees affect my ability to get a mortgage?
HOA fees can impact your mortgage qualification as lenders consider them part of your monthly housing expenses for living in one of the HOA communities in Saratoga Springs, NY. These fees are factored into your debt-to-income ratio, potentially affecting the loan amount you can qualify for.Can I visit the construction site during the build?
Access to the site of one of the new construction communities in Saratoga Springs, NY during the building process is typically limited due to safety concerns and insurance regulations. However, many builders schedule periodic walkthroughs or inspections at key stages of construction for the homebuyer.

