When driving through newer neighborhoods looking for new construction, having an experienced agent with you is vital. The Carlie Back Team is here to help you navigate the seeming infinite number of new homes today to locate one that’s been built for your family.
People that buy new construction in a neighborhood aren’t happy when the homes that sell after theirs fetch a lesser price, so builders aren’t as apt to 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.
For example, if it’s a recently completed home, 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.
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 appliance upgrades, 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, see if you can get the builder to take them out – you might be able to install them later yourself at a savings anyway.
Realize that just because a home is brand new, it can still have its share of flaws. 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.