Expert advice on new construction purchases
While scoping out newer neighborhoods looking for new construction, having an experienced Realtor at your side is crucial. is here to help you navigate the sea of new homes today to locate one that's a match for you.
In real estate, negotiation is always an option. However, with new construction, it depends on the developer and how long the home has been vacant. Developers in new additions avoid bending on price because buyers 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.
Consider a property 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 finished, it's unlikely you'll get a deal.
In situations where a builder won't budge, try getting a break in other areas. Ask for them to pay a share of the closing costs, or extra 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.
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 my #1 objective.
Give me a call at (949) 487-3377 to begin the search for your new home today.