Purchasing new construction

Partnering with a savvy agent is key 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 professional - (508) 646-4777

Buyers of new construction in a neighborhood don't like to see houses sold after theirs go for less money, so builders aren't as apt to bend on price. (You'll appreciate this behavior after you've bought a home in a development of new construction!) Regardless, depending on the market and the status of the project, there's sometimes room for negotiation.

For example, if a home has been on the market a while 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 finished, it's unlikely you'll get a deal.

In cases where a builder won't budge, try getting a break with other aspects of the transaction. Ask for help with the closing costs, or extra 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 doesn't mean that it is immune from needing repairs. 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.

Finding you a new home that meets your family's needs and matches your budget will be my #1 objective. Give me a call at (508) 646-4777 to launch the search for your new home today.

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