Homes: Buying a brand new home - New Address

Not all systems will be able to find the new address. I just tried to change one of my addresses and it was rejected.

Edited 1/3/2020:

There is very little that can be done if the system does not allow custom addresses. Fortunately, some systems do allow this. The only workaround if really required is to use an address of the new development and hope that the mail will still be sent to your address.

There was another new development in the area which used a similar tactic. Unfortunately for them, a lot of the mail was sent to my address as my house number is the same as the number they used. For example, I lived on 1 Main St and they addressed it to 1 Center St. Center St is the known street that connects with Main St. Since there is no 1 Center St, I assume the post office worker just guesses that the intention may be my address. I am also guessing this is subjective because I don't get all the mail, just a couple here and there.

What do I do with all the misdelivered mail? I just note that it was sent to wrong address and put them in the outbox.

Eventually all the systems had my address, maybe a year after. I haven't had this issue for a while.

Ryan Homes: Experience So Far

I am currently in the process of buying a new home. I am not sure if I could be any more confused about all the things needed, all the terms, and all the technicalities. I stumbled across a blog that basically went through their experience, and thought to share my experience so far and hopefully continue in the future. I am kind of saddened that there hasn't been any updates since 2010 in the blog but it did go through 2 years after they moved in.

Up to this point, I have "signed" the contract. I am not exactly sure if it is official because most of it seemed to be that I have reviewed it.

First Deposit

After signing, I had to pay $10k for some good-faith payment. There are a bunch of conditions to how I get this money back if financing does not work out. I am not completely clear on this.

Flooring

During this time, I also picked out the flooring with Advanced Flooring & Design. I went with the ceramic tiles in the kitchen and wood flooring. The vendor lady was helpful and kind. I could tell she was getting a little impatient with me though but remained professional and courteous.

Low-Voltage and Security Options

Low-voltage was with Guardian Security. The "representative" claims that he is only there as a consultant and not as a sales-person but the meeting still felt very sales-like to me. I felt pressured into the different options. Also, I was not familiar with all the options so I did not get a lot of time to think where I wanted all the ports for phone, internet, and cable. The mood seemed to have gotten worse after I declined the security option. The security option sounded very tempting where they offered no installation fee if you bought a 5-year service. He also threw in a tidbit that new homes are more likely to be broken into. The "consultation" seemed very much like a sales-pitch to me even if that was not his intention.

Questions

A lot of this is moving way to fast for me due to pressures from my parents so I have not put as much research as I would like to put into such a huge investment. I still believe renting is not much more expensive than buying a home. Although, I admit once you pay off the mortgage it is worth it. It is also probably worth the price after 10 years. But, I haven't stayed in a single place for over 3 years even changing states 4 times during that span.

• How do I shop for mortgages?
• Each bank seem to assume that I will be signing on with them so I'm not sure at what point I should tell them to wait for me to see what I get from other mortgage loaners.
• How do I shop for attorneys?
• I have only spoken to one so far and it seems that she already assumes I am going with her even before telling me what her rate was.
• How accurate are the reviews online?
• Unfortunately, I did not bother to research and just trusted my father that this was a good company. After doing my own research (today), I found a ton of negative reviews and no positive reviews. I specifically did a search on "happy with Ryan Homes" to find any positive reviews. Since I'm already somewhat invested (although very uncomfortably), I hope that a townhouse would not be too terrible since there would be multiple owners. Also, there are plans for 4 more lots so my lot has to at least last till those are sold.
• Why do mortgage loaners ask for so much information?

Overall

Overall, buying a new home takes up a lot of time. I have not been able to spend a lot of time on it because of work and all the research needed (and the lack of time to research). I have also had to take time off from work to deal with different vendors to make certain options. Currently, I am feeling very uncomfortable which is rather normal considering how many unknowns I am dealing with so far.

Reference

http://www.buildingwithryan.blogspot.com