Purchasing new construction
If you're driving through newer neighborhoods looking for new construction, having an experienced Realtor with you is important. will be your guide when navigating the myriad of new homes today to make an offer on the one that's perfect for you.
In real estate, negotiation is always an option. However, with new construction, it depends on the builder and the length of time that the home has been on the market. Developers in new additions avoid bending on 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 home 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.
You can always ask for assistance in other ways when purchasing new construction. For example, closing costs are one way for you to save without lowering the price of the house. The same goes for amenities - ask for things an allowance for window treatments, a garage door opener, a sprinkler system or landscaping, or an extended home warranty.That can go the other way around, too. If upgrades are already in the contract, try to get the builder to omit them - you might be able to install them later yourself at a savings anyway.
While you should always negotiate a home warranty so problems can be fixed, it's also imperative you get a home inspection before closing. Inevitable problems can be repaired (by the builder) before you move in and larger problems identified before it's too late. 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.
At BluRobin Global Realty Group Across Atlanta, We'll make it our #1 priority to find you a new home that meets your needs and fits within your budget.
Give us a call at 770-480-4470 to launch the search for your new home today.