Considering New Construction?

Right now you are probably seeing a lot of ads in the paper for great deals on new construction from both national and local builders. The main reason is they currently have a high level of inventory and need to move some of the homes off their books. This drives them to offer price discounts and incentives such as paid closing costs or paid HOA fees. Mnay people go directly to the sales office and buy directly from the builder as if they are buying something from the grocery store. The smart customer brings a Realtor into the picture to make sure they are getting the best possible deal. Guess what, in many cases that final number can get even lower if you have someone working for you. Other options including asking for more in closing costs and pre-paid items, getting additional home upgrades or getting a better interest rate. Recently, I helped a young couple buy new construction and the deal was with using their lender, they would get help with the closing costs. However, once we got into the deal, their lender had a significantly higher interest rate which negated the help with the closing costs. We were able to work with the lender to get the rate reduced so the clients received the full advantage. There is no cost to you as real estate agents get paid commission from the builder so why not have someone working soley for you in the transaction. Remember the agent at the sales office works for the builder, not for you! Give me a call at 209-9667 or email me at rsandin@prucar.com and I wil be happy to send over a free "buying new construction check list" for you to review. Have a great weekend, Randall

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