Frequently Asked Questions About Buying a New Home in Bentsen Palm
New homes for sale in Mission, TX are a value you can afford. We hear great questions about our Bentsen Palm community from our new buyers all the time. Here are answers to some of the most frequently asked.
How much can I afford?
Mortgage rates may be on the rise in the coming months, but they are still at an all-time low compared with over a decade ago. The National Association of Realtors expects the 30-year fixed mortgage rate to gradually rise over the course of this year. Getting your finances in order and preparing a budget should be the first step in your home buying process.
Start by setting up an appointment with your bank or credit union. Shopping around for great loan rates is an ideal way to begin to understand what price range you are qualified for. Knowing your financial parameters will also help you when it comes to deciding on the floor plans and finishes that work for your family within the budget you have set up for yourself.
How much design choice do I have in my home?”
When you tour a Bentsen Palm model home, keep in mind that you’re previewing a high-end version of the standard home. The model has all the bells and whistles. However, it is important to ask which options are standard and which are upgrades, and what each upgrade costs. Typically, upgrades apply to the following home details:
- Structural changes such as additional bathrooms or garages
Your salesperson is trained to help you walk through all of these fantastic choices with your budget in mind.
“What will this Master Planned Community look like in 15 years?”
A Master Planned Community implies that all infrastructure details have been thought through. For example, in Bentsen Palms we know:
- Where certain types of businesses will be allowed
- How much parking will be provided your neighborhood
- What maintenance plans are for the parks and recreation centers
- Where the city will improve streets, intersections, bike lanes, and sidewalks
- The schedule for upgrades in the future
Ask us the questions you have about the long-term health of this community. We care about those answers as much as you do.
What warranties do you provide?
Most builders in Bentsen Palms offer a one-year workmanship warranty and a 10-year structural warranty. Make sure the warranties you receive explicitly state what is and isn’t covered, and what the limitations are for damages. You should also receive manufacturer’s warranties on the washer and dryer, hot water heater, air conditioner, kitchen appliances, and roof. Bentsen Palm home builders offer industry-leading warranties for their new homes.
“What are the homeowners association rules and regulations?”
Buying a new home typically means you won’t be making any big changes soon, but it’s always best to review a copy of the HOA covenants to understand restrictions, dues or other rules about the community. Be sure to request a copy of the HOA covenants when buying so that you are not surprised later that backyard chickens are (or are not) allowed. Often HOA’s have guidelines concerning:
- HOA dues
- storage sheds in the backyard,
- solar panels
- private fences
It’s best to know before you buy!
We’d love to meet you and show you around Bentsen Palm. Contact Us to schedule your tour!