New Home: Development Options and Choices

This is part 3 of a series: New Home: Part 1, Luxury, Part 2, On Your Own Land,

Part 3, Development options and choices.

Many builders offer homes in developments where they are the exclusive builder.

A new home in a matter of months! Yes it is possible. Here is what you need to know.

  • Pricing: When looking through options, it may seem some builders have much better prices. The real question to ask is: What is included? ‘Pricing strategy’ varies from builder to builder.

Some will have very low ‘Base’ prices, but practically everything is an ‘Upgrade’ which adds $100,000 to the price.

Other builders will offer a higher ‘base price’, but include features that may the home attractive and comfortable even with no ‘upgrades’.

To compare apples to apples, ask them to price the same features in the same size home, so you can compare the bottom line.

Many communities have ‘Lot Premiums’ for the best lots, so make sure you select a lot you like before asking for a price.

  • Incentive: An incentive may be offered to entice you to buy. Sales strategy makes them ‘Limited time offers’ to get you to buy sooner rather than later. These may be reasonable, or it could be a bate and switch. Having a Realtor who knows the builders and their pricing strategy is helpful to ensure you get the best deal possible.

Many builders employ new home salespeople to sit in the model homes and sell. These folks are not Realtors, just salespeople for the builder. Keep this in mind before disclosing information that may hurt your negotiation.

Many Builders tie any incentive to using their preferred title company and lender. This can be fine for a buyer, but compare interest rate and terms with preferred lenders before committing to ensure you are getting a reasonable rate and terms.

  • Locations: When looking for a new home, you may be set on a certain school district or area.

Think about your taxes and resale value before settling on a location. Having a local Realtor pro can ensure you know all your options within your target area. We may be able to suggest options you may not have entertained on your own.

On a new home, taxes have not been established, so make sure you know what property taxes will reasonably be, before committing to a mortgage.

  • Quality: Not every home is created equal!

No one wants to buy an inferior home. Do you know what features to look for in a new home? Many higher standards can be easily achieved by minimal costs. Selecting a builder who gives a higher level of quality will be well worth it in the end.

  • Resale value and stability: Protect your investment!

Make sure the builder you are purchasing from is established and has a history of satisfied customers. Nothing can be worse than buying a new home, only to see the builder slide into bankruptcy or chaos. Financial stability is essential to honor the new home warranty you will receive and provide a quality product.

  • Time: If you are not familiar with the market, you can spend many hours figuring out all the above items. Our new home experts know the market, know the lots, and know how to match you with the best options based on your needs. The best part? It does not cost you anything. As a buyer, the compensation your Realtor receives comes from the seller, but their duty is to represent your interest and serve you.

If you want to get started on the fast track to your new home- contact us today for a free consultation. Save time and fast track to your dream home!

 

Dated, Dark and Dirty

When Liz and Matt walked into my new open house recently, they said they have visited practically every house in their school district. Everything was dated, dark and dirty for a high price.  Want pink carpet and leaking roofs? Not them. They had walked into a home and walked right back out in 2 minutes flat with the last house.

Then, they thought about new. Why not? Everything is at the beginning of its life. It has tons of natural light. And it smells new. What’s not to love?

Liz and Matt picked an open floor plan with a soft gray color scheme, and built it on a lot backing to a park. “Everything is exactly what we picked, right down to the color of the front door” Matt said, “We can move in and only argue about where my flat screen TV will go”.

If you are thinking of new, there has never been a better time. Beautiful home sites are available in every location throughout York County. Tom Pendergast and Naomi Brown of the CCP Team with Berkshire Hathaway Realty are your local New Home Experts. Representing a host of builders and developers, they can find an option for everyone.

Building New Homes had almost completely stopped during the recession years, but has come roaring back in 2017. A hard decline in homes for sale, coupled with an increase in buyers has resulted in a very low inventory market. According to Realtor.com, sales of New Homes are forecast to rise in every market, to meet the demand from buyers.

Want to buy a lot and build? That is a different process, but we can help you there.  Always available to help walk you though the details and excitement of a new home!

Call  Naomi at 717-819-2825 for more details on your new home!

Is it time for you to get ready?

For the past 6 years, routine dinner conversation would cover the housing market and just how terrible it was!

I personally had to turn a home into a rental, because we were under water on our mortgage, but had to move!

The good news? Recovery has come!! More and more people are finding they can sell and make money!

We sold our rental home last fall, and we did fairly well, selling in 2 days with multiple offers.

If you are thinking of selling in this improving market, now it the time!

Here’s why:

Ready to sell? Flier

If you need advice whether it makes sense for you, give me a call, and we will make sure you have the best advice possible to make an informed decision.

-No obligation, just friendly advice to be found at: 717-819-2825 call or text.

Your Legacy Home Awaits

Do you long to get out of a cardboard cookie cutter house, and into a home that people remember?  A home where memories are forged and connections to your home run deep?

This Gracious Legacy Home is Open this Sunday, April 17th,1-3PM.

Offered at: $399,900

Come Visit:  880 Anthony Rd, East Berlin, PA 17316

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Enchanted Home on 10 secluded acres comes with English garden, pebble stone driveway in private wooded setting.

This custom estate brings country elegance to life with interior vaulted ceilings, brick and reclaimed barn wood floors, brick and redwood exterior.

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Find the home that leaves you inspired and rested every day, and where your Legacy is connected to a place.

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The outside comes into your home with large windows showcasing stately forest and garden views from every room.

The property invites you to relax with a stroll under old growth timber to the creekside seating.

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Open pasture land and friendly zoning are ready for horses.

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