I'm also buying a new construction. I have signed the sale contract, put the deposit down, and clear UW back in April. I'm just waiting for the building to start. It is supposed to start end of the month or beginning of next month. It's my first house, and I'll be it's first owner. I'm very excited and anxious. I'm sure I'm annoying the sales agent. I call and email for updates at least once a week.