WHAT’S INCLUDED IN A HOME PURCHASE AGREEMENT

A home purchase agreement looks simple at first glance — price, dates, signatures — but the details matter. Many first-time buyers are surprised by what is (and isn’t) included, especially when comparing new builds to resale homes.

Here’s what you need to watch for before signing anything 👇

1️⃣ New builds come with very different rules

Brand-new homes often include terms and exclusions that buyers don’t expect.

✔️ builder’s lawyer may be included, but works for the builder

✔️ show homes often display upgrades not included in base pricing

✔️ landscaping, fencing, and window coverings are usually extra

Always confirm what is “standard” vs “upgrade” — assumptions can be expensive.

2️⃣ Builder upgrades can be misleading

Show homes are designed to impress, not to demonstrate the basic model.

✔️ triple-pane windows may not be standard

✔️ hardwood floors may be optional

✔️ basement development often costs extra

Never rely on what you saw in the show home — rely on what’s written in the contract.

3️⃣ Existing homes include more than new builds

Resale homes typically come with items already in place.

✔️ window coverings usually included

✔️ landscaping and fencing already installed

✔️ appliances often part of the contract

However, items like hot tubs and sheds are NOT automatically included — they must be written into the agreement.

4️⃣ Legal fees vary depending on the type of home

New-build contracts often mention that legal fees are “included.”

✔️ builder chooses the lawyer

✔️ the lawyer represents the builder, not you

✔️ any dispute means you must hire your own lawyer

The small savings may not be worth the risk — independent legal advice protects you.

5️⃣ Large properties and acreages have special mortgage rules

When buying acreages or multi-building properties, lenders limit what they will finance.

✔️ typically cover home + one main outbuilding

✔️ usually finance up to 3 acres

✔️ extra buildings (barns, workshops, sheds) may not be included

This can affect your approval amount — always confirm before writing an offer.

💬 Final Thought

A purchase agreement is legally binding, so you need clarity on everything that’s included — and everything that isn’t. The right guidance prevents misunderstandings, unexpected costs, and financing issues down the road.

If you want help reviewing a purchase agreement before you commit, message The Frontline Mortgage Group and we’ll walk you through the key details.