Analyzing New Construction Homes and Condos Quiz

What is a primary reason to investigate the reputation of the developer and builder when considering investment in a new construction project?

Which aspect of a new construction home or condo is most likely to impact utility costs?

Warranties covering structural defects, workmanship, and materials are not essential as they don’t impact the long-term value of the new construction property.

Arrange the following steps in logical sequence when analyzing a new construction home or condo: Financial and Risk Analysis, Developer and Builder Research, Neighborhood and Local Market Research, Property-Specific Research.

Discuss potential risks associated with investing in new construction homes or condos and propose strategies to mitigate these risks.

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