Save money when purchasing new construction

It's crucial to have a knowledgeable agent as your partner when shopping for new construction, and is here to help you navigate through your options in the Fall River area.

Gain an advantage when negotiating new construction in Fall River with E Z Home Search Real Estate Inc. as your real estate agent - (508) 646-4777

In real estate, negotiation is always an option. However, with new construction, it depends on the builder and the length of time that the home has been vacant. Developers in new additions avoid bending on 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 what the market is doing at that point in time, a developer 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 cases where a builder won't budge, try getting a break 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.

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 E Z Home Search Real Estate Inc., 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 (508) 646-4777 to launch the search for your new home today.

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