how new construction can benefit you

1
hints for taking advantage of Perhaps you're searching for a new home, there are plenty for sale in this present economy. If you're explicitly looking for new construction, this also could be better. In many instances builders wind up creating properties for a value that will solely just break even, given the currently bleak condition of the property market. A lot of these properties began to be built before the economic downfall, and presently builders simply want to be able to break even and get the money again from the property that they put it in, even when it doesn't give them any form of gain. This is good news for individuals thinking of buying new construction homes, as it potentially provides you the choice to benefit from price breaks or other deals. Continue reading for great tips on the way to do this. For those who already reside in a comparatively new house but are eager to trade up, so to speak, think about contacting the developer of your present home. Often these builders are still constructing and have new properties prepared to be put on the market that they've recently finished development on. If so and the developer is apprehensive on selling the new home, it's highly possible they might be ready to strike up a deal with you for a discounted price. In some cases, developers would possibly find it advantageous to take your present house off your hands as a trade off for the brand new one if they feel your current property will sell sooner. It's a win-win for you and the builder. http://online.wsj.com/public/page/news-real-estate-homes.html If this isn't your situation, you however may manage to get a deal from the new construction's builder. In several cases, they might agree to either waiving fees related to closing costs or lender's fees. In some other cases, they could simply offer to pay for these charges themselves. If the home ends up being assessed under what the developer spent to make it, they also might be prepared to mark down the home down to its appraised price. more

Upload: torilevenreal1963

Post on 12-Aug-2015

11 views

Category:

Real Estate


0 download

TRANSCRIPT

Page 1: How New Construction Can Benefit You

hints for taking advantage of

Perhaps you're searching for a new home, there are plenty for sale in this present economy. Ifyou're explicitly looking for new construction, this also could be better. In many instances builderswind up creating properties for a value that will solely just break even, given the currently bleakcondition of the property market. A lot of these properties began to be built before the economicdownfall, and presently builders simply want to be able to break even and get the money againfrom the property that they put it in, even when it doesn't give them any form of gain. This is good news for individuals thinking of buying new construction homes, as it potentiallyprovides you the choice to benefit from price breaks or other deals. Continue reading for great tipson the way to do this.

For those who already reside in a comparatively new house but are eager to trade up, so tospeak, think about contacting the developer of your present home. Often these builders are stillconstructing and have new properties prepared to be put on the market that they've recentlyfinished development on. If so and the developer is apprehensive on selling the new home, it'shighly possible they might be ready to strike up a deal with you for a discounted price. In somecases, developers would possibly find it advantageous to take your present house off your handsas a trade off for the brand new one if they feel your current property will sell sooner. It's a win-winfor you and the builder. http://online.wsj.com/public/page/news-real-estate-homes.html If this isn't your situation, you however may manage to get a deal from the new construction'sbuilder. In several cases, they might agree to either waiving fees related to closing costs orlender's fees. In some other cases, they could simply offer to pay for these charges themselves. Ifthe home ends up being assessed under what the developer spent to make it, they also might beprepared to mark down the home down to its appraised price. more