Should you buy a NEW home? Is NEW Construction the way you should go when considering your next home purchase?
There are some compelling reasons to consider buying a brand new home. Let’s talk about them.
I have buyers that just recoil at the idea of living in someone else’s “well’-lived in” home. They want fresh, clean, new……no pet smells, no food smells, freshly painted walls, brand new cabinets..you know what I mean, right? And home builders are offering closing costs, upgrades, rate buy-downs……even paying off CDD’s in some neighborhoods. How can you resist?
CLICK HERE for more information regarding New vs. Used.
Read on and we will discuss the details that will matter in your decision making….
EXIT REAL ESTATE GALLERY
“Having worked for the same Real Estate Investment group for the past 18 years, when it’s time to buy or sell property I need to rely on someone that has the experience and professionalism to represent my best interest and understands the complex challenges that can sometimes accompany both buyers and sellers. For all my residential real estate in the greater Jacksonville market, I rely on Judy Hamilton to assist me. She has the experience and knowledge to get the job done, always willing to go the extra mile with a positive ‘can do’ approach. I’m never left guessing at ‘what’s next’, I’ve always got Judy by my side to assist me”
Steve H.- Executive Vice President, Real Estate Investment Trust.
You have so many choices. Jacksonville’s new construction communities are on fire right now. Whether it is brick, concrete block, stucco, stone, cementious siding, or vinyl siding, the opportunities are plentiful and the pricing has never been better. New home communities on the Northside, Southside, Westside, Beaches or Orange Park will allow you to be the homeowner you have always wanted to be!
There are some important questions to ask yourself as you begin this venture. Doing this homework prior to signing on the dotted line can make the difference between you finding the home and community you LOVE, or having buyer’s remorse and being ready to try again in 2-3 years.
Let’s get started….
So who are you? Do you love the woods and acreage? There’s an app, I mean home builder for that. Do you love the craftsman style architecture, or the Florida stucco, or the 3 story condo? Jacksonville’s got ‘em! How about a CDD community, HOA community, (what does that even mean?), or a rural area with few restrictions?
Which home builder is the right one for you? CHECK OUT THIS INFORMATION
And is this your first time buying a home? You might have questions about home buyer loans, homebuyer assistance, or down payment assistance. You probably would love to locate a program that would require as little as possible out of your pocket. Or enable you to use the cash you do have to buy down the rate – the best of both worlds! Could your new home loan possibly be a no-down payment loan?
What about interest rates? What happens to the size of the home you can afford if your interest rate goes up .5 of a point? Will you be buying 1500 square feet instead of that lovely 4 bedroom 2050 square foot plan?
Keep in mind that you qualify for a payment, so even if you would be willing to stick your neck out for that larger home, the mortgage lender is no longer allowing it – you must be able to afford the payment.
And then there is that moment when you are actually negotiating with the home builder. Don’t do that alone – I can help.
Call me (904) 838-0554 Judy Hamilton EXIT REAL ESTATE GALLERY
For more information about how many elements go into the “deal” with the home builder? CLICK HERE
Stay tuned for why I believe you had better move NOW, if you want the best home, for the best price because “times are achanging”. Freddie Mac and Fannie Mae could be at risk and if they leave the market, consumers could be required to pay a 20% down payment. I would hazard a guess that many potential homebuyers will remain renters for years if that 20% down becomes a requirement.
Well ,this site will entertain those questions. We will look at what a new home will offer its owners and provide answers to many of your questions.
We have only touched the tip of the iceberg when it comes to questions. More questions are :
What type of homebuilder do I want? Production or custom?
Which new home community should I choose (These top 2 questions are closely linked)?
What about features? Tile, two or three car garage? Two or three baths? Fireplaces, cherry cabinetry…the list is endless.
Do I need a Realtor when I purchase a home from a home builder?
Click here for the answer to that important question.
How do I negotiate price with a new home builder?
What exactly does new construction offer that a “used” home doesn’t?
Is a condo right for me?
Stay tuned folks, we are embarking on quite an adventure. If you are considering purchasing a home and are curious about new construction, you will soon be informed and armed with the right information from New Homes Jacksonville!