New Construction Homes
Trends show that purchasing new construction homes seems to be more popular in 2020 than existing homes. Let’s take a closer look into why buyers are deciding on new homes.
Incentives! A lot of times, builders will offer a monetary incentive for spec homes (homes they have already built and are move-in ready) and an even higher incentive for building a new home (typically a six-seven month process). These incentives can really help with the design process and/or finishes on the home. Definitely a perk!
Rates! Most builders have preferred lenders they are associated with. These preferred lenders also offer incentives, such as all closing costs paid (except prepaids – homeowners insurance, taxes, etc.). Sometimes the builder incentives can help buy down the rate as well.
Design! You get to design your home. You’ll get to pick colors, flooring, etc. Make sure to have a budget in mind on pricing prior to any design meetings. All builders have multiple options and color schemes that you can choose from. This can be overwhelming but our new construction specialist can help!
No worries and you get warranties! New construction homes allow you to be stress free for years to come. Everything is brand new with warranties so you can enjoy your brand new home with ease!
Interested in learning more? Contact me at Collin@REMIRealty.com and I can answer any questions you may have!
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