Purchasing new construction

When scoping out newer additions seeking new construction, having an experienced Realtor with you can be the difference between a good home buying experience and a bad one. will help you navigate the sea of new homes today to pick one that's perfect for you.

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

In real estate, you can always negotiate. However, with new construction, it depends on the builder and the length of time that the home has been vacant. Developers in new additions don't like taking lower than their asking price because homeowners 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, builders have been known to allow a few concessions.

For example, if the home is pretty much move-in ready, you have little to no negotiating powers. But if the home has been sitting fully furnished, like a show or model home, and there haven't been many offers - then the builder might be willing to work with you. The longer the home has been on the market, the more the builder has invested.

In cases where a builder won't budge, try getting a break with other aspects of the transaction. Ask for them to pay a share of the closing costs, or more amenities, like appliance upgrades, 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.

While you should always negotiate a home warranty so problems can be fixed, it's also imperative you get a home inspection before closing. Inevitable problems can be repaired (by the builder) before you move in and larger problems identified before they become your problem. 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.

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 launch the search for your new home today.