Purchasing new construction
Partnering with the right agent is key when shopping for new construction, and is here to help you navigate through your options in the Cornelius area.
In real estate, negotiation is always an option. However, with new construction, it depends on the developer and how long the home has been vacant. Developers in new additions don't like taking lower than their asking price because buyers 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 current market conditions, developers have been known to allow a few concessions.
Say a property has been on the market a long time and the builder has a lot sunk into it, then you have some room. The same goes for show or model homes that have been sitting for a while. However, if a home was just completed, don't count on being able to get a deal.
In situations where a builder won't budge, try getting a break with other aspects of the transaction. Ask for them to pay a share of the closing costs, or extra amenities, like appliance upgrades, a garage door opener, a sprinkler system 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.
Just because a home is brand new, it can still have its share of flaws. 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.
At Southern Homes of the Carolinas, I'll make it my #1 priority to find you a new home that meets your needs and fits within your budget. Give me a call at
(704) 896-2000 to start the search for your new home today.
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