Thinking of Buying New Construction? Consider These Critical Points

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Buyers who may not be seeing what they’re hoping to find in the resale market have been asking whether now is a good time to build a new home.

Actually, it is. Now is likely one of the best times to build new construction, as this type of home purchase eliminates the element of competing buyers from the deal.

However, there are some considerations to keep in mind before making the final decision to build. First of all, the newer the home, the longer you should stay in it. So for new construction purchases, you should probably plan on living in the home for quite some time.

This is especially true if you’re buying into a development where other homes are still being produced. Because in this case, buyers planning to move in the next few years will be competing with the builder as they attempt to list their home.

In terms of benefits, though, new construction properties have phenomenal warranties. New construction is, therefore, an especially desirable option for those who may not have emergency funds in place, as these properties are less likely to have major issues anytime soon. 

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The agent present during a new construction open house represents the builder’s best interests, not yours.

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So with bidding wars as common as they have been lately in our market, now is truly a great time to consider purchasing a new construction home. But make sure that when proceeding with this type of deal, you are well represented. Don’t approach a builder without an agent by your side. The agent present during a new construction open house represents the builder’s best interests, not yours.

If you have any other questions or would like more information, feel free to give us a call or send us an email. We look forward to hearing from you soon.

Hire Us for the Best Experience Selling Your Home

Selling your Triad area home? Get a free home analysis report

Buying a Triad area home? Search all homes for sale

A question I get on occasion is, “How do I know I am getting the best person to sell my home?” 

Well, I think that our company is a great solution to your real estate needs. It has been around for 20 years and we have developed systems and proven strategies that work right here in the Triad community.

I've focused on is developing and hiring the best people. We have a phenomenal training program. I look for the best people in the business, bring them on, and plug them into our proven trackable system. We can then see the win-win results.

It doesn't really matter to us if you are selling to reach the top of the market or selling as-is, we have a plan in the service for everybody.

You can talk to friends, or perhaps you have seen our advertising on TV or billboards, to learn more about our reputation. Our online reviews show how many homes we’ve sold.

The biggest thing we like to have you do is see our operation and how we work in person. This is something you should do with everybody. A lot of real estate agents work out of their homes part-time and are unorganized. Seeing the flow and the production says a lot about the success of the company. 

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It doesn't really matter to us if you are selling to reach the top of the market or selling as-is, we have a plan in the service for everybody.

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You will see that we will be successful at selling your home. We sell a lot of homes that have been on the market many times with many different companies. One of the things that we hear when people come here is that they sense a sense of urgency. They can see and experience the professionalism by coming to our office.

If you would like to come check us out to see if we would be a good fit for you, call or email me. I look forward to speaking with you soon.

What’s Behind Declining Home Prices?

Selling your Triad area home? Get a free home analysis report

Buying a Triad area home? Search all homes for sale

Homeowners in the Triad are frustrated. Inventory is low, demand for their homes is high, and they’re receiving multiple offers from prospective buyers, but home prices are still dropping.

How can that be? Supply and demand economics would say that if there’s only a little bit of something that a lot of people want, the price should go up.

In real estate, things don’t always work this way. The factor that is causing this counterintuitive price drop is the banks. Banks don’t care that you’re pushing home values up; they feel that a given home is worth X amount, therefore, the amount they will loan will reflect that.

Now, the buyer can pay the difference out of pocket, but we’re seeing in certain price ranges that that is not always the case.

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Be cautious out there if you’re a homeowner.

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Be cautious out there if you’re a homeowner attempting to sell your home. Just because you get the highest and best offer doesn’t necessarily mean that it’s going to stick. It could come right back down to where it might have been in a more reasonable market.

If you need help, I’m here for you. We’ve been doing this a long time, so we can walk you through the process, make sure that we diligently price your property to get top dollar, and get every offer to stay. Do you really want to see a house four or five times just to get an offer to stick? We’ll always get you the most money in the shortest amount of time.

For any questions or if you need assistance, feel free to reach out to me. I’d be glad to help.