When the economy was buoyant many new builders in the housing industry sprang into life with promises of quality, great customer service and cheaper builds, and with that brought the assumption of being around to service clients for years to come.
A number of these builders have now disappeared or emerged in financial trouble. This is terribly heartbreaking for those families who poured their life savings into a new home, only to be left waiting years for builds to be complete or losing money altogether.
Often we come across many residential and commercial builders offering deals that seem way too good to be true. Well they typically are too good to be true, otherwise why wouldn’t they offer them regularly? Our advice is very simple and could save you a lot of money in the long run.
1. Do your research
Choose your builder based on its longevity and experience in the industry. TR Homes has been operating for more than 43 years and has endured many downturns in the economy and still managed to survive and grow.
2. Ask where materials come from
Many of the cheaper building companies use materials and supplies from overseas that might not be certified for Australian standards and probably don't tolerate our climate and environment. TR Homes use only premium brands like Colorbond and BlueScope Truecore® Steel.
3. Query their structural guarantee
This goes hand in hand with materials and supplies. All TR homes come with an industry best 10 year structural guarantee, while many other builders only offer six or seven years. What is your intended builder offering?
4. Check their maintenance guidelines
Ask your builder about maintenance (so you know what’s considered maintenance and what's not) and query how long it lasts. TR Homes offers a six month maintenance period, while many other builders only offer four months. We also give you a folder with checklists and guidelines to ease the process, and get you settled into your new home faster.
5. Ask as many questions as you can
Create a list of questions you want clarified. This will give you peace of mind that you have all bases covered when you are ready to pay a deposit and sign a contract. If you think a $30,000+ discount from another builder is too good to be true, it usually is. This cost is usually hidden or pops up later down the track during the build. Compare builders too, if one mentions something, query it with another. With TR Homes a contour survey and soil report is included in the price, while many other builders will charge for this after contracts are signed.
We hope these tips help you choose your builder with ease and confidence.