Expert advice on new construction purchases
When touring newer developments seeking new construction, having an experienced agent at your side is crucial. will help you navigate the sea of new homes today to find one that's perfect for your family.
Buyers of new construction in a neighborhood don't like to see houses sold after theirs go for less money. Knowing this, the builder or developer often won't bend on price. (You'll appreciate this behavior after you've bought a home in a development of new construction!) Regardless, depending on the market and the status of the project, there's sometimes room for negotiation.
Consider a property has been on the market a long time 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 finished, don't count on being able to get a deal.
In situations where a builder won't budge, ask for assistance in other areas. Ask for them to pay a share of the closing costs, or additional amenities, like an allowance for window treatments, 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.
Realize that just because a home is brand new, it doesn't mean that it is immune from needing repairs. Be sure to get a home inspection before purchase so that issues are handled and also negotiate a home warranty. Then, about 10 or 11 months after purchase it's worth it to pay for an inspection and get anything else repaired before the warranty expires.
At Liliana Hay, 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 at 214-223-0284 to begin the search for your new home today.