Are you looking for a new home? If so, then at some point you will be making an offer, if not multiple offers. To get a good deal, a home buyer should identify more than one property that is suitable for purchase. The purpose of this is to leverage your negotiations with a home builder (read more); you do not want to be tied to one particular new home should the negotiations break down.
While shopping around, some onsite agents, also know as the builders’ sales agents, are very quick to reference other home buyers who have interest in the new home that you like, so be wary of this; it could be the truth in your situation, or it could be a tactic used to create urgency for making an offer. Notwithstanding, be alert and take it with a grain of salt.
Once you begin to focus on making an offer on a particular new home, you need to arm yourself with as much credible information as possible. If you have engaged an experienced buyer agent with an emphasis on new construction, then this person, if he/she is a member of the local Listing Service, has the ability to research exclusive sales data, if applicable, to see how, and if, the home builder is negotiating with other home buyers. If you don’t have such a professional, you will be at a disadvantage in this area; however, at the very minimum, you should consider hiring a buyer’s real estate attorney to assist with drafting your offer. Unless the attorney is a real estate broker too, then this person won’t have access to the same detailed data; but, he should have experience making offers on new homes.
As the negotiations commence, take your time. I cannot stress this enough. I have negotiated, as a buyer agent on behalf of a buyer-client, for as long a month or so. While this may be the extreme case, it still alludes to the importance of using time as your leverage. If the time limit for your offer expires, it isn’t the end of matters, unless you are in a bidding war. After an expiration, you may consider making an offer on the other new home that you have identified.
Whatever path your negotiations take, be patient during the process to get a feel for the home builder’s position; the first counter-offer may, or may not, be the best deal. Patience is indeed a virtue.
Disclaimer: This is informational new homes reading, not legal advice; it is intended to be the author's opinion only. This information may or may not apply to your situation; therefore, you may not print out, use, copy or redistribute this real estate content without prior expressed consent from the author. All content is for your personal viewing only. All Rights Reserved
Seeking out new homesfor sale in 30068 of Marietta, GA can be accomplished by the links and map below. Home buyers looking for 30068 zip code new homes for sale can seek to locate them by 120 Hwy (Roswell Rd), Old Canton Rd, Robinson Road, Lower Roswell Road, Johnson Ferry Rd, East Piedmont Rd, Holly Springs Road, Murdock Rd, Sewell Mill Road, Bishop Lake Rd, Little Willeo Rd, Timber Ridge Rd, Paper Mill Rd, Post Oak Triit Rd and Shallowford Rd.
Buyers who are seeking out new homesfor sale in the 30009 zip code of Alpharetta, GA can use the map below to navigate around. The means of looking for new homes for sale in zip code 30009 of Alpharetta Georgia can be traveled by Mayfield Rd, Academy Street, Mid Broadwell Road, Haynes Bridge, Willis Rd, Rucker Road, Cogburn Rd, Providence Rd, Hopewell Rd, Alpharetta Highway 9 and Bethany Road.
Looking for new homes for sale in 30004 zip code? New home buyers can look for new homes for sale in zip code 30004 of Milton Georgia and Alpharetta GA by Birmingham Hwy (372), Providence Road, Thompson Rd, Cogburn Rd, Hopewell Rd, Freemanville Rd, Dinsmoore Rd, Hamby Rd, Francis Rd, Alpharetta Highway 9, Hickory Flat Road, Batesville Rd, Taylor Road, Wood Rd, Sugar Pike Rd, Bethany Rd and Mayfield Road.
New HomesFor Sale in 30004 of Milton & Alpharetta GA
Home buyers of new homes can seek to locate properties for sale in zip code 30005 of Johns Creek Georgia and Alpharetta GA by Webb Bridge Road, Old Milton Parkway, Hwy 400, Park Bridge Pkwy, Windward Pkwy, Kimball Bridge Road, Brookside Pkwy, N. Point Dr, Lake Windward Drive and Sargent Rd.
New Homes in 30005 of John's Creek & Alpharetta GA
In Alpharetta GA and/or Johns Creek Georgia, home buyers can seek to access new homes for sale in the 30022 zip code by means of State Bridge Road, Jones Bridge, Old Milton Pkwy, Abbotts Bridge, Haynes Bridge, Old Alabama Rd, Medlock Bridge, 141, Buice, Waters, Kimball Bridge, Spruell, Morton Rd and Indian Village Drive.
Are you looking for new townhomes in the Atlanta Georgia area? This can be an alternative to single family residences which require more maintenance by the home owner; not only that, but prices are generally lower too. However, you should consider the extra expense of HOA (Home Owner’s Association) fees. These fees can vary depending upon the services provided by the HOA. As a general rule of thumb, the fees will be lower if more responsibilities are placed on the home owners for exterior maintenance of their respective units. One should determine if the HOA is responsible for ensuring that all units are bonded against termites. Since the new townhomes are attached, negligence from your neighbor could result in damage to your unit.
New townhomes will come with features like low-e windows. Among other things, higher standards are imposed by some county codes; this results in higher firewall ratings between the units; it seems logical that this would dampen sound better as well. If you are having the unit built, it would be advisable to have a pre-drywall inspection by your own independent home inspector; this is the perfect time to examine the structure before it is covered up with sheetrock. Any imperfections, code violations or poor workmanship will be observed by a trained eye. Sadly, the new construction industry leaves much to be desire because of its oversight by their contractors. Inspecting new townhomes is a way to hold the builder accountable. If you are beyond that point, then have a final home inspection at the very minimum. It isn’t worth trying to save a few hundred dollars by neglecting this invaluable service.
Disclaimer: The content, ideas and tips found on this new homes site are for your personal viewing only. This is not in any way legal advice. You may not copy and/or use this content without expressed permission. The information on this new homes blog is deemed to be correct but is not guaranteed.