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Dive In and Start Looking at New Homes by Alfred Ardis





Article Author Biography
Dive In and Start Looking at New Homes by
Article Posted: 12/13/2013
Article Views: 75
Articles Written: 2638
Word Count: 566
Article Votes: 0
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Dive In and Start Looking at New Homes


 
Real Estate
If you are considering buying a house, you may find it worth your while to focus your search on new homes. Knowing what you may face in the process of not only buying the house, but also owning it, can set you up for success, happiness, and even financial gain in this endeavor. In the paragraphs to follow you will see some important things to consider when you are looking to build a house.

One important thing to remember when searching for new homes is that many of these houses are not even listed on the MLS. To save money and cut costs, many builders do not work with real estate agents, so their houses do not make it to the popular housing search list. Instead, builders list their houses online, in local newspapers, or even on billboards. Often times, simply typing "new house" and the location that you are looking at in the search box for any online search engine should give you an ample supply of builders to choose from.

Another thing that you should know is that many new construction residences are actually sold before they are even built. Construction companies generally will build models of the various house styles that they offer and buyers can choose which house they like best and which plot of land they would like to put it on. This gives buyers a general sense of what their prospective house will look and feel like, as well as exactly where it will be located.

If you want to get the best deal possible as a buyer, be aware that construction companies often give the best offers, discounts, and upgrades to the first buyers in a newly planned community. Builders are anxious to get their first residences under contract quickly to attract more buyers. If the builder can say that they already have at least ten to twelve houses under contract within the first few weeks of a campaign, the prospective community may seem more attractive to potential buyers. Builders also have to report progress to their lenders. Because of this, it is imperative that they get the project off of the ground quickly so that it appears profitable to those that control the purse strings.

It is also good to remember that builders are not emotionally tied to their houses. Unlike the owners of existing residences, who have possibly spent years in a house, raised a family in one, or even grown up there, builders have no emotional attachment to their products. To put it bluntly, for builders, selling properties is just a numbers game. Their prices are set by their inventory and profit margin rather than sentiment. Because of this there may be very little wiggle room in the purchase price.

While purchase price may not be negotiable, builders are often much more willing to negotiate upgrades. By including upgrades like stainless steel appliances, granite counter tops and hardwood floors, the builder can sweeten the deal for the buyer without lowering the purchase price. This is important for the builder, because the purchase price is public record. They do not want it to fall below a certain range, then, or it could put them in a tight spot with future negotiations.

Looking for new homes in Rochester, MI? We have multiple attractive models in ideal locations. For more information please visit our website at http://www.robertsonhomes.com.

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