| Once you start house hunting there is no doubt one | | | | deal than resale homes. - That's right, the market |
| of your first stops will be at a new homes website | | | | shift has turned the tables. Now buyers have the |
| or community to see what they have to offer in the | | | | market in the palm of their hands and can get some |
| area you would like to live in. In fact, new homes | | | | really outstanding deals on homes but you have to |
| have stepped up to win the hearts and minds of | | | | know where to look. Resale home owners may be |
| homebuyers for the better part of the past decade | | | | willing to deal but in the past thirty days I have been |
| where we've seen an unprecedented explosion in | | | | able to successfully negotiate $69,117 off the asking |
| new home construction and buying. What was once | | | | price of a new home for a client and then shortly |
| considered a luxury reserved for the rich and | | | | after located a home for another client and |
| famous, new construction has opened the door to all | | | | negotiated $91,000 off the asking price and we are |
| price ranges and styles including luxury high-rise | | | | still in negotiations to get even more from the builder. |
| condominiums, townhouses, active adult communities | | | | By the way, these home prices included upgrades! I |
| and single-family homes. | | | | have never met homeowners who were willing to |
| There are a tremendous number of benefits to | | | | accept a substantial reduction on the price of their |
| owning a new home including the ability to customize | | | | home to the tune of more than $60,000. As a |
| the home to your liking, meeting all the new | | | | matter of fact, many homeowners have overpriced |
| neighbors as they move in and substantial savings in | | | | their homes on the market because they owe more |
| utility costs with new homes now being built to a | | | | than the home is worth and they cannot afford to |
| higher, more energy efficient and green standard. | | | | go lower in price. |
| It's your house. No, REALLY your house. - When you | | | | Buying Tip: To score a new home deal you can't walk |
| buy a resale home you are purchasing a home that | | | | in and offer builders $400,000 under what they are |
| someone else crafted to suit his or her lifestyle. | | | | asking for the home. Fantastic deals can be found |
| Sometimes it's just perfect and exactly what you are | | | | however if you find the right buyer's agent who |
| looking for but more often than not there are a few | | | | specializes in new homes because their experience, |
| "Why did they do that?" issues with a home that you | | | | relationships with builders and negotiating ability will |
| will have to renovate or remove when you move in | | | | help you save thousands of dollars. |
| to fit your lifestyle. When you build a new home you | | | | That brown carpet and tiny kitchen? Soooooo 1970s! |
| will be able to choose exactly what you want and | | | | - Kitchen big enough for one? Small closets, shower |
| where you want it so you can move in and not have | | | | only bathrooms and carpet everywhere? Not for |
| to touch a thing. | | | | today's homebuyer! The modern lifestyle is drastically |
| Everyone else is new too! - Resale communities are | | | | different from what it was even ten years ago and |
| great because you can see the neighborhood, how | | | | resale homes often lack the oomph and space to |
| people care for their homes and everything is already | | | | satisfy. Today's homebuyer wants a bright, open |
| established but those same benefits can prove to be | | | | kitchen with breakfast bar and high-end appliances. |
| cons when you are the only new neighbor on the | | | | We now do most of our living in the kitchen! Soaking |
| block. Moving into a new home grants you the | | | | tubs in the master suite and walk-in closets are now |
| privilege of meeting the neighbors when they are | | | | considered standard staples of the modern home. |
| also looking to meet new people and settle into the | | | | New homes often feature these amenities as a part |
| community. There won't be any pre-established social | | | | of their standard offering and are even starting to |
| circles to work your way into and you will be | | | | prepare homes for the future including the addition of |
| discovering new things about your neighborhood at | | | | whole house networking and walk-out basements |
| the same time everyone else does. | | | | that can be finished as future living space. |
| Newer homes are more attractive when you resell. - | | | | New homes save money with efficiency and green |
| Life happens. You might have to relocate or you | | | | building techniques. - Many new homes are taking |
| make a lifestyle change a couple short years after | | | | advantage of the Energy Star standard which sets |
| you move in. The good news is that newer homes | | | | forth a number of requirements that products like |
| are more attractive to prospective homebuyers | | | | windows and doors must adhere to in order to |
| because it's their opportunity to buy a newer home | | | | achieve an Energy Star rating. In addition to Energy |
| without the price premium associated with new | | | | Star many builders are now offering green building |
| construction. Better yet, you've already purchased all | | | | and living options like the installation of solar panels on |
| the appliances and upgrades for the home and many | | | | the roof of a home to harness the sun's energy and |
| parts of the home are still under warranty making | | | | convert it to electricity. If you install enough solar |
| the home a great inclusive value. This will compare | | | | panels you may just have the electric company |
| favorably to older resale homes that may require | | | | paying you for the electricity you are producing! |
| renovation or updating to make it livable for the | | | | These features are often very costly to retrofit a |
| modern homebuyer. | | | | resale home with if it wasn't initially built to these |
| Location, Location, Location! YOU choose! - When | | | | standards. |
| you shop for resale homes the homes you find are | | | | The next time you start searching for homes be |
| obviously fixed to their current location. How many | | | | sure to consider all of your options including new |
| times have you seen a great resale that would be | | | | construction. When buying new construction you |
| absolutely perfect if it were a little closer to the | | | | should take into account the fact that most new |
| community clubhouse or offered a larger back yard | | | | homes take approximately four to six months to |
| for the kids to play? New homebuilders typically offer | | | | build. You will also devote more of your personal time |
| a range of model homes to choose from and you | | | | to building the home as you will need to choose |
| can usually place that model on a lot of your choice. | | | | home upgrades and work with your agent through |
| Now you can have the home of your dreams in the | | | | the inspection and financing processes. |
| cul-de-sac you've always dreamed of! | | | | Happy hunting! |
| In the current market new homes may be a better | | | | |