How To Buy In New Construction

Dated: 05/27/2015

Views: 458

Have you ever found yourself thinking about buying a new home, and leaning toward a new construction purchase? Of course you have, no one has ever lived in it, it's sometimes customizable if you catch the builder in the right stage of the process. And! Who doesn't LOVE that new house smell?! (a very close second to the new car smell).  Today's info blog features an article from frontdoor.com about some of the things to consider when buying a new construction home:

" Buying "new construction" is a bit different from buying a previously-owned home. For one, because there is no previous homeowner, you don't have to deal with a seller's emotional tie to the property, which typically influences the negotiating process. Whether you're designing and building a custom home or buying a home that's built on spec in a new subdivision, you'll only have to work with the builder.
As with buying a previously-owned home, you have to figure out your budget and secure financing before you even begin house hunting. Get pre-approved by a bank or mortgage lender. Decide how much money you want to invest in a new home. And don't overlook the extras like property taxes, insurance, furniture, window treatments, landscaping costs and maintenance that can drain your bank account.
"It's absolutely critical for new homeowners to know what they can afford based on their income, debt and credit score," says Rosy Messina, vice president of sales and marketing for ICI Homes in Daytona Beach, Fla.
If you're considering buying a newly-constructed home, follow these five steps to guide you through the process: [Read more...]

If you ARE interested in exploring a new construction purchase, we would love to talk with you! We have a current pre-construction listing in the Quaker Run development, minutes from Johnson City in Telford TN. This planned construction home will be constructed on one of the premier lots featuring the incredible panoramic mountain views and quiet country breezes. This charming 3 bedroom, 2 bath ready-to-build home will offer you a little refuge from your busy life. Here, you will enjoy an open floor plan and light-filled living area with vaulted ceilings. The eat-in kitchen, with pantry for extra storage, is a great gathering area for family and friends! There is a large master bedroom with a full bath on the main floor, complete with a walk-in closet. You can make it your own, private sanctuary! The level, landscaped lot will offer plenty of opportunity for outdoor play, quiet relaxation, and taking in the beautiful scenery.


This home is one of many in the development custom built by the same builder and will feature 3BR/2BA, Fireplace, Built In Microwave, Dishwasher, Disposal, and the desirable single level floorplan. And are you ready for the price? Only $134,900!


Call us today to discuss your next move!

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"How to Buy in New Construction" article courtesy of Judith A. Stock and Karin Beuerlein, FrontDoor.com

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Rayne Price

Holding a BS in Environmental Science, and MA in Education, real estate was not Shields Team Buyer Specialist Rayne Price's first career choice. It was only after encouragement from his wife and a cl....

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