When shopping for your home, you’ll discover that most homes on the market
are resales. Yet, one out of four homebuyers purchases a new home. Both new
homes and resales offer advantages. Before you make a decision, let’s . . .
COMPARE THESE POINTS!
New Homes
offer innovative use of space and style
greater energy efficiency
a choice of options and upgrades
everything is new, and modern.
VERSUS
Existing Homes
on average they are less expensive
often they are in established neighborhoods with mature landscaping
homes have already settled, eliminating possible problems that arise from this happening after the purchase of home
As you can see, there are advantages to both. Most people consider both new
and existing homes before they decide to purchase. Should you be thinking
about buying a new house, here are 10 points to consider before you visit your
first model home.
As you can see, there are advantages to both. Most people consider both new and existing homes before they decide to purchase. Should you be considering buying a new house, here are 10 points to consider before visiting your first model home.
1. Get in Touch with Your Agent.
Before you visit your first model home, sit down with your agent and do your homework. You’ll want to be prepared to determine a comfortable price range for your new home.
Determine a Comfortable Price Range
If you own a home, you’ll first need to know the net proceeds from its sale to determine how much cash you’ll have to work with. Don’t simply estimate this but carefully calculate every possible selling cost. If you’re a first-time buyer, you’ll need to first qualify your income. Determine the size of your downpayment, then work out a monthly debt load so you can determine a comfortable price range.
2. Sellers’ Agents Versus Buyers’ Agents.
Here’s a good point to remember. The sales agent in the model home represents the builder, not you. They are known as sellers’ agents. As a buyer, you can work with a buyers’ agent at no additional cost. It’s his/her business to best represent your needs by being knowledgeable about home construction, warranties, financing, differences in pricing, quality, and even lot selection so that you get the best value for your money.
3. A Builder For All Reasons.
Like all tradesmen, builders vary in their fields of expertise. For example, some builders specialize in craftsmanship, others are known for their innovative use of space, and those offer below-market financing or customer attention during construction and after move-in. Determine your own specific needs or preferences then shop around for a builder that will best address your requirements.
4. Get the Facts About Your Builder.
Before making a final decision, it is wise to check out the reputation and financial strength of the builder. Get “spec sheets” on home features covering everything from floor plans to energy efficiency, including lot availability and delivery of your home.*
5. Check Out the Neighborhood.
• Learn as much as you can about the community.
• Discover what amenities it has to offer.
• Investigate if financial reserves have been set aside to build or replace major amenities like schools or community roads
• Find out from local land-use officials what else is planned or could be constructed in the area, especially where vacant land is applicable.
• Review the rules for the homeowner’s association, or find out if one will be set up.
• Think of how you will be affected by commuting routes and times.
To get the full report containing points 6-10, click here!
If you or anyone you know is considering making a move in the next little while, give me a call or pass on my number! 832-993-1644 TODAY!!
BRAND NEW CONSTRUCTION HOME WITH DISCOUNTED MORTGAGE RATE!
We have insider access to Magnolia, Conroe, The Woodlands, Spring, and surrounding areas' new construction homes and some are available with DISCOUNTED mortgage rates AND monthly payments.
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🏡 Conroe
🏡 The Woodlands
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Get free, no-obligation access!!! Call us today 832-993-1644
Also, every home purchase with the John Garrett Realty Team comes with our Buyer Satisfaction GUARANTEE. Love You New Home GUARANTEED or I'll Sell It For Free!*
For More info on our buyer's guarantee CLICK HERE
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