Opting for new construction
Whether you buy an existing home or have one built is yet another decision to make during the home-buying process. If you decide to go with new construction, the Burt Team can be a powerful advocate in your corner as we negotiate cost of building, upgrades, and other terms with the home builder on your behalf.
Shopping for a large production or custom home builder can be a daunting task. Some builders have better reputations than others. The Burt Team has relationships with some excellent home builders. We can help you seek out the builders in our area who offer the styles, floorplans, finishes and pricing you desire. If you chose a custom builder, the Burt Team can help you find just the right parcel of land in a desirable location.
The builder representative
The builder or a builder representative's ultimate goal is to sell you a home. His or her role is to provide a wide range of information to help you in your decision-making, from building restrictions, roads and easements to inspections, warranties, incentives and upgrades. The Burt Team is knowledgeable in new-home construction and will be able to help you wade through all the data and point out the downsides and upsides of each line item. We are your advocate, looking out for your interests in negotiating the best terms, price, incentives, and review of the builder's contract, which often contains more legal jargon than consumer-friendly language.
It's all about timing
Market conditions greatly dictate a builder's incentive to make a deal you cannot refuse. When a builder has inventory on his hands, his carrying costs start adding up. When this happens, a builder might be more amenable to strike a favorable deal, whether it's throwing in upgrades, paying your closing costs, or reducing the asking price. The Burt Team has been very successful in negotiating with builders and can help you know when market conditions are right for additional benefits. We can also find out about each builder's close-out sales. Builders promote these special events when a new subdivision is near completion but empty inventory still remains.
A word about paying up
While there are always exceptions, most builders require a deposit when a purchase agreement is signed. Some may also require that the buyer pay for any upgrades prior to closing. If you back out prior to closing, unless the agreement states otherwise, you will lose that money. We can help you understand every detail in the builder's contract before signing it.