Purchasing New Construction
Having the right agent at your side is key when shopping for new construction, and is here to help you navigate through your options in the McKinney area.
In real estate, negotiation is always an option. However, with new construction, it depends on the developer and how long the home has been available. Developers in new additions don't like taking lower than their asking 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, builders have been known to allow a few concessions.
Say a property has been on the market a while 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 completed, it's unlikely you'll get a deal.
In situations where a builder won't budge, try getting a break with other aspects of the transaction. Ask for help with the closing costs, or additional amenities, like appliance upgrades, a garage door opener, a fence 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 needs and matches your budget will be my #1 objective.
Give me a call at 972-249-7219 or e-mail me at email@example.com
to begin the search for your new home today.