Expert advice on new construction purchases
Having the right agent on board is key when shopping for new construction, and is here to help you navigate through your options in the Mineral Wells area.
In real estate, negotiation is always an option. However, with new construction, it depends on the developer and the length of time that 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 the local market, a builder will often allow a few concessions.
For example, if the home is pretty much move-in ready, 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.
In situations where a builder won't budge, ask for assistance in other areas. Ask for them to pay a share of the closing costs, or additional amenities, like an allowance for window treatments, 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.
Realize that just because a house is brand new, it doesn't mean that it is immune from needing repairs. 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.
Finding you a new home that meets your family's needs and matches your budget will be my #1 priority. Give me a call at
(940) 325-2006 to start the search for your new home today.