How NOT to be Taken Advantage of By New Home Builders
New home builders can oftentimes take advantage of home buyers. We will discuss this in our video. Jillian and I are 20+ year veterans in the Real Estate and Mortgage business. We continue to grow our list of clients with superior education and processes. Stay tuned for our series to help home buyers with the process of navigating the road to home ownership. If you are considering a new construction home, here are the top 15 New Home builders according to Houzz.com
If you are looking to buy from a builder, you need to be represented by a Realtor. Realtors bring roughly 90% of a builders business to them. Builders market to them with special discounts, upgrades and close out pricing. A smart Realtor knows how to use this information as leverage to help you secure the best pricing and upgrades. Builders will not just discount to you the cost of commissions, they don’t have to as you have no leverage. The builder sales person has the job of selling the home for the maximum amount.
A great Realtor will monitor the home construction process. The Realtor can make sure everything is being done right. If the Realtor is not happy with the quality of construction, they can use their influence to make it right.
A great Realtor will make sure you have a home inspection prior to closing. The inspection by a third party, ensures the home is being built with the highest qualify standards.
So if you are looking for new construction, reach out to us. We would be happy to help you. We would direct with many builders. If you are thinking of remodeling instead, here is some great information about Home Renovation mortgages.
Richard Woodward
NMLS 217454
Your Local, Direct, 5 Star Rated Mortgage Lender, Specialty Lending Manager
Office: (214) 945-1066
Service First Mortgage NMLS 166487
6800 Weiskopf Ave #200, McKinney, TX 75070
Licensed by the Texas Department of Savings and Mortgage Lending (SML) Mortgage Banker Registration, AZ 0924237, CO, FL MLD1342, KY MC358087, OH SM.501988.000, OK ML01483. Service First Mortgage is an Equal Housing Lender. This is not an offer of credit or commitment to lend. Loans are subject to buyer and property qualifications. Rates and fees are subject to change without notice.
