Expert advice on new construction purchases
When driving through newer developments searching new construction, having the right Realtor on your team is crucial. will help you navigate the sea of new homes today to locate one that's a match for you.
In real estate, you can always negotiate. However, with new construction, it depends on the developer and how long the home has been available. Developers in new additions like to keep prices near their asking point 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 the local market, a builder will often allow a few concessions.
Say a home has been on the market a long time and the builder has a lot sunk into it, 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, try getting a break with other aspects of the transaction. Ask for them to pay a share of the closing costs, or more amenities, like appliance upgrades, a garage door opener, a sprinkler system 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 problems 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.
Finding you a new home that meets your family's needs and matches your budget will be our #1 objective.
Give us a call at 941-706-1717 to launch the search for your new home today.