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Purchasing new construction

While driving through newer additions hunting new construction, having a knowledgeable agent on your team is important. will be your guide when navigating the myriad of new homes today to pick one that's right for you.

Gain an advantage when negotiating new construction in Fort Wayne with Buy Owner Realty as your real estate agent - 2604664999

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 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 what the market is doing at that point in time, builders have been known to allow a few concessions.

For example, if a home 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 just completed, it's unlikely you'll 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 appliance upgrades, a garage door opener, a fence 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.

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.

At Buy Owner Realty, 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 2604664999 to start the search for your new home today.