Expert advice on new construction purchases
It's crucial to have a savvy agent as your partner when shopping for new construction, and is here to help you navigate through your options in the Corona area.
People that buy new construction in a neighborhood aren't happy when the homes that sell after theirs fetch a lesser price, 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.
Say a home has been on the market a long time and the builder is deeply invested, 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, don't count on being able to get a deal.
You can always ask for assistance in other ways when purchasing new construction. For example, closing costs are one way for you to save without lowering the price of the house. The same goes for amenities - ask for things an allowance for window treatments, a garage door opener, a fence or landscaping, or an extended home warranty.That can go the other way around, too. If upgrades are already in the contract, see if you can get the builder to omit them - you might be able to install them later yourself at a savings anyway.
While you should always negotiate a home warranty so problems can be fixed, get a home inspection before your purchase regardless. Inevitable problems can be repaired (by the builder) before you move in and larger problems identified before it's too late. Since an inspection is relatively inexpensive, some new home buyers get an inspection after being in the home for 10 or 11 months - that way, the builder can make the repairs before a 1 year 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 (714) 343-1267 to launch the search for your new home today.