Save money when purchasing new construction

Having the right agent on board is crucial when shopping for new construction, and is here to help you navigate through your options in the Tampa area.

Gain an advantage when negotiating new construction in Tampa with RE/MAX Bay to Bay as your real estate agent - (813) 259-0000

In real estate, you can always negotiate. However, with new construction, it depends on the developer and how long the home has been on the market. Developers in new additions like to keep prices near their asking point 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 what the market is doing at that point in time, 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 situations where a builder won't budge, try getting a break with other aspects of the transaction. Ask for help with the closing costs, or extra 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, get a home inspection before your purchase regardless. Inevitable problems can be repaired (by the builder) before you move in and larger problems identified before it's too late. 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 RE/MAX Bay to Bay, 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 (813) 259-0000 to begin the search for your new home today.