Builder Contracts Deserve Careful Review

Builder contracts may differ substantially from resale contracts.

Buyers should understand provisions involving:

• Deposits.
• Financing deadlines.
• Inspection opportunities.
• Construction timing.
• Change orders.
• Closing.
• Buyer obligations.

What Buyers Should Know About Builder Contracts in Star Trail

Lot Selection Can Affect the Home for Years

Buyers can change many interior finishes later.

They cannot change the home's location within Star Trail.

Lot considerations may include:

• Privacy.
• Backyard depth.
• Greenbelt exposure.
• Cul-de-sac position.
• Orientation.
• Street traffic.
• Potential pool placement.

What Buyers Should Know About Lot Premiums in Star Trail

Design-Center Spending Can Change the Purchase Quickly

New-construction buyers should continue monitoring the final purchase price as selections are added.

Upgrades can affect:

• Loan amount.
• Down payment.
• Cash to close.
• Appraisal exposure.
• Property taxes.

What Buyers Should Know About Design Center Upgrades in Star Trail

Financing Should Be Compared With the Full Builder Incentive

Preferred lenders may offer significant financial benefits.

Compare:

• Interest rate.
• APR.
• Discount points.
• Lender fees.
• Closing credits.
• Monthly payment.
• Total cash to close.

What Buyers Should Know About Builder Financing in Star Trail

Construction Timing Matters for Relocation Buyers

A projected completion date can change during construction.

Relocation buyers may need to coordinate:

• Existing-home sale.
• Temporary housing.
• Travel.
• Employment.
• Moving company.
• Rate locks.
• Closing.

What Buyers Should Know About Construction Timelines in Star Trail

Builder Inventory Can Be Worth Comparing

Not every buyer needs to build from the ground up.

A completed or nearly completed Star Trail builder home may offer:

• A shorter timeline.
• New systems.
• Builder warranties.
• A known finished design.
• Potentially stronger inventory incentives.

What Buyers Should Know About Builder Inventory Homes in Star Trail

Do Not Ignore Resale Homes

New construction can be compelling, but Star Trail resale homes may already include:

• Pool.
• Outdoor kitchen.
• Established landscaping.
• Window treatments.
• Lighting upgrades.
• Finished outdoor living.
• Immediate availability.

A resale may therefore offer a different type of value even when a builder is offering substantial financing incentives.

Should You Buy New Construction or Resale in Star Trail?

What Should a Star Trail New-Construction Buyer Ask Before Signing?

1. Which builders and homes should I compare?
2. What incentives are currently available?
3. How does the preferred-lender financing compare?
4. What am I paying for the lot?
5. Which upgrades are worth prioritizing?
6. What independent inspections can I complete?
7. How does the builder warranty work?
8. How reliable is the construction timeline?
9. How does this home compare with Star Trail resale inventory?
10. Who is representing my interests in the transaction?

Arrange Representation Before the Builder Visit

The builder’s sales team represents the builder. Discuss independent buyer representation before visiting or registering, and confirm the builder’s registration requirements. Review the services and compensation in your own representation agreement.

Star Trail FAQs