Texas Relocation Specialist & Dallas-Fort Worth Luxury Real Estate Agent
“Not just your REALTOR® but your trusted advisor”
M/I Homes New Home Buying FAQ (Frequently Asked Questions)
Buying a new construction home for the first time from M/I Homes can be stressful for any home buyer. We help numerous new construction home buyers every year. We have compiled a list of the most common and frequently asked questions we have received to help ease your mind about the homebuilding process. We work with all home builders in DFW and we can help you find and negotiate the best discounts, home rebates and free upgrades on M/I Homes DFW for sale in Dallas, Fort Worth and surrounding areas. Still have questions? Feel free to reach out to us at 469-269-6541.
​
Note: Nitin Gupta, REALTOR and Competitive Edge Realty, LLC are not affiliated with M/I HOMES. The builder information on this page is believed to be accurate and current. Please contact the builder directly for any specific questions about their communities, models, pricing, availability & incentives.
How long does it take to build a new M/I Homes luxury home?
​Is the earnest money refundable if I choose not to buy the home from M/I Homes after signing the contract?
How can I maximize the incentives and discounts offered by M/I Homes?
​Where can I search M/I Homes communities, floor plans, pricing, upgrades & incentives?
You can search various M/I Homes homes at our new home search portal here.
​
Can I get a discount from M/I Homes if I do not have a real estate agent representing me?
​
​
How can I learn more about latest M/I Homes promotions available to new construction home buyers?
​
Does M/I Homes negotiate with new home buyers?
​
Is there an option period when buying a new construction home from M/I Homes?
​
​
Is it cheaper to buy a new construction home that is ready to move-in or a Spec home with M/I Homes or build it from scratch?
​
​
Do I have to use the builder’s lender i.e. M/I Homes' preferred lender?
​
​
Can I view Virtual Tours from M/I Homes for new construction homes sold by them?
You can watch virtual tours of M/I Homes on our YouTube channel here.
​
What kind of M/I Homes design center options are available to new construction home buyers?
Do I need an inspection when buying a new construction home from M/I Homes?
​
​
Are M/I homes energy efficient?
Are there any good reviews for M/I Homes?
How long does it take M/I Homes to build a home?
Can the time taken by M/I Homes to build a home vary?
​
Is 2024 a good time to buy a house from M/I Homes?
​
Can I negotiate with M/I Homes when buying a new construction home in DFW?
Will M/I Homes build on your lot?
How many homes does M/I Homes build a year?
Are M/I Homes good quality?
What is the difference between a pre-sale and a spec home?
​
​
Does M/I Homes have HOA fees?
​
Who pays closing costs for a new construction home bought from M/I Homes?
​
​
Does M/I Homes offer contracts that are contingent upon other factors?
​
What can I expect at my first appointment with a M/I Homes New Home Specialist?
​
Is the homesite or lot included in the sales price offered by M/I Homes?
​
​
What does “homesite premium” or “lot premium” mean?
What can I expect during the construction process with M/I Homes?
​
​
How can I find information on the activities, businesses, schools, and things to do in M/I Homes community I am buying the home in?
How much should I expect to pay in property taxes for a M/I Homes home?
​
​
What if I have an existing house to sell when I buying a new construction home with M/I Homes?
Contact us and we can help you sell your existing home.
​
​
​
What is included in a M/I Homes home?
Can you negotiate upgrades on a new home from M/I Homes?
Do new construction homes from M/I Homes come with appliances?
How much are closing costs on a new construction home from M/I Homes?
What upgrades to ask for in a new house from M/I Homes?
​
What should you not skimp on when building a house with M/I Homes?
Is it harder to get a mortgage on a new construction home from M/I Homes?
​
What should you not upgrade when building a house with M/I Homes?
Does M/I offer a warranty on their homes?
How much are closing costs on a new construction home sold by M/I Homes?
How much does it cost to build a new home with M/I Homes?
Should I purchase a move-in ready home from M/I Homes or build from the ground up?
How much do homes built by M/I Homes cost per square foot?
​
What happens if after I’ve signed my contract with M/I Homes and my home is under construction I change my mind about a feature, finish, or some aspect of the layout?
Will M/I Homes modify a home plan that I like…either one of their plans or another one I’ve found myself?
Can I build a M/I Homes property on my own land?
Do builders like M/I Homes pay closing costs?