Save money when purchasing new construction

It's key to have a savvy agent on your team when shopping for new construction, and is here to help you navigate through your options in the Salisbury area.

Gain an advantage when negotiating new construction in Salisbury with TMR Realty, Inc. as your REALTOR - (704) 245-6184

In real estate, you can always negotiate. However, with new construction, it depends on the developer and how long the home has been on the market. Developers in new additions avoid bending on price because buyers 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 current market conditions, a builder will often allow a few concessions.

Say a property 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, it's unlikely you'll 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 appliance upgrades, a garage door opener, a sprinkler system or landscaping, or an extended home warranty. That can go the other way around, too. If upgrades are already in the plan, try to get the builder to take them out - you might be able to install them later yourself at a savings anyway.

Realize that 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 TMR Realty, 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 (704) 245-6184 to begin the search for your new home today.