Purchasing new construction
While exploring newer developments searching new construction, having an experienced agent at your side is crucial. We will help you navigate the seeming infinite number of new homes today to pick one that's right for you.
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 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 current market conditions, a builder will often allow a few concessions.
For example, if the home is almost move-in ready, you have little to no negotiating powers. But if the home has been sitting fully furnished, like a show or model home, and there haven't been many offers - then the builder might be willing to work with you. The longer the home has been on the market, the more the builder has invested.
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 more amenities, like an allowance for window treatments, a garage door opener, a fence or landscaping, or an extended home service agreement. Or take another route. If a home is nearing completion, you can often save money by passing on suggested upgrades from the builder and installing things yourself.
Just because a house 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 service agreement. 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.
Finding you a new home that meets your needs and matches your budget will be our #1 priority.
Give us a call at 405-818-3808 to start the search for your new home today.