Expert advice on new construction purchases

If you're exploring newer neighborhoods hunting new construction, having the right Realtor on your team is important. is here to help you navigate the sea of new homes today to pick one that's made for your family.

Gain an advantage when negotiating new construction in Edmond with Coldwell Banker Mike Jones Co. as your real estate professional - (405) 340-4224

In real estate, negotiation is always an option. However, with new construction, it depends on the developer and the length of time that the home has been available. 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, builders have been known to allow a few concessions.

Consider 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, don't count on being able to get a deal.

In cases where a builder won't budge, try getting a break in other areas. Ask for help with the closing costs, or additional 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.

Just because a house is brand new, it doesn't mean that it is immune from needing repairs. 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.

Finding you a new home that meets your needs and matches your budget will be my #1 objective. Give me a call at (405) 340-4224 to launch the search for your new home today.

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