Purchasing new construction
If you're driving through newer developments hunting new construction, having an experienced Realtor at your side can be the difference between a good home buying experience and a bad one. will be your guide when navigating the seeming infinite number of new homes today to locate one that's right for your family.
In real estate, you can always negotiate. However, with new construction, it depends on the developer and the length of time that the home has been on the market. Developers in new additions don't like taking lower than their asking price because homeowners already in the area expect new construction to be comparably priced to what they already purchased. (You'll appreciate that same courtesy if there are undeveloped lots near the home you eventually purchase!) But, depending on how far along the project is and current market conditions, a developer will often allow a few concessions.
For example, if a property has been on the market a while and the builder is deeply invested, then you have some room. The same goes for show or model homes that have been sitting for a while. However, if a home was recently completed, it's unlikely you'll get a deal.
In situations where a builder won't budge, ask for assistance with other aspects of the transaction. Ask for help with the closing costs, or extra amenities, like an allowance for window treatments, a garage door opener, a fence or landscaping, or an extended home warranty.Or take the contrary route. If a home is nearing completion, you can often save money by passing on suggested upgrades from the builder and installing things yourself.
While you should always negotiate a home warranty so problems can be fixed, get a home inspection before your purchase regardless. Inevitable problems can be repaired (by the builder) before you move in and larger issues identified before they become your problem. Since an inspection is relatively inexpensive, some new home buyers get an inspection after being in the home for 10 or 11 months - that way, the builder can make the repairs before a 1 year warranty expires.
Call Lorie Shoffner today! I'll make it my #1 priority to find you a new home that meets your needs and fits within your budget.
Give me a call anytime at 336-512-0640 to launch the search for your new home today.
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