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Whether to 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, a real estate agent can be a powerful advocate in your corner as you negotiate upgrades, a move-in date and other terms with the home builder.
Below are some basic pointers to prepare you for the journey ahead.
Selecting a builder
Shopping for a large production or custom home builder can be a daunting task. Start by defining what architectural styles appeal to you and then seek out the builders in your area who offer those styles. Due diligence is essential. Ask friends for referrals to get firsthand accounts; verify the builder’s state license status, if applicable; and check whether they’re certified by the National Association of Home Builders.
The builder representative and your real estate agent
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, rebates and upgrades. A real estate agent knowledgeable in new-home construction will be able to help you wade through all the data and point out the downsides and upsides of each line item. Your agent also can look out for your interests in reviewing 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 or taking a bit off the asking price. A real estate agent can help you know when market conditions are right for these benefits. Also, watch for builder 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. They 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. Make sure you understand every detail in the builder’s contract before signing it.
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New Construction Homes
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- 5 Beds
- 5.2 Baths
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Listing courtesy of Berkshire HathawayHS PenFed TX.
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- 5 Beds
- 5.2 Baths
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Listing courtesy of Allie Beth Allman & Associates.
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- 4 Beds
- 4.1 Baths
- 14139545 MLS
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Location! Location! Location! Stunning CalAtlantic 5Bed and 6.1 Bath home located on cul de sac with lake views in the heart of SL.Walking distance to Southlake Townsqua...
- 5 Beds
- 6.1 Baths
- 14181969 MLS
Listing courtesy of Keller Williams Realty.
MODEL HOME! HIGHLY UPGRADED INTERIOR, EXTENSIVE LANDSCAPING, POND, FOUNTAIN & CASCADING WATERFALL VIEWS.Stunning Curb Appeal. Fountain at Courtyard Entry, Tuscan Tile Roo...
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Listing courtesy of Wendell Miller Realty.
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- 5 Beds
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- 14190023 MLS
Listing courtesy of RE/MAX DFW Associates.
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- 4 Beds
- 4.1 Baths
- 14015604 MLS
Listing courtesy of Allie Beth Allman & Associates.
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- 6 Beds
- 5.2 Baths
- 14217826 MLS
Listing courtesy of Sophie Tel Diaz Real Estate.
Mid Century Modern, Custom Estate, just completed! A completely smart home w-zero energy, foam insulation, energy star certified + filtered fresh air supply! This estate ...
- 5 Beds
- 6 Baths
- 14195683 MLS
Listing courtesy of RE/MAX DFW Associates.
NEW BUILD in the gated Rolling Wood Addition! Desirable floorplan and incredible attention to detail throughout! The handsome study offers a built-in library wall with ro...
- 5 Beds
- 5.1 Baths
- 14196147 MLS
Listing courtesy of Keller Williams Realty.
MLS# 14201997 - Built by Toll Brothers, Inc. - December completion! ~ Nestled in the highly desired Keller ISD in Colleyville, is a beautiful green belt model home with n...
- 5 Beds
- 4.1 Baths
- 14201997 MLS
Listing courtesy of HomesUSA.com.
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- 4 Beds
- 3.1 Baths
- 14217937 MLS
Listing courtesy of Alexander Chandler Realty LLC.
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- 4 Beds
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- 14204480 MLS
Listing courtesy of Briggs Freeman Sotheby's Int'l.
Welcome Home to the 2019 fully furnished HGTV Smart Home nestled in Fairway Ranch in NWISD. This Texas Bold Contemporary smart technology home blends perfectly with south...
- 4 Beds
- 3.1 Baths
- 14214565 MLS
Listing courtesy of DFW Legacy Group.
Village Builder by LENNAR!!! Lovely two story porch overlooks community lake and open space on the side and to the back of homesite. Grand staircase leads to large bedr...
- 4 Beds
- 3.2 Baths
- 14202149 MLS
Listing courtesy of Wendell Miller Realty.
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- 4 Beds
- 3.1 Baths
- 14068622 MLS
Listing courtesy of Wendell Miller Realty.
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- 4 Beds
- 4.1 Baths
- 14194635 MLS
Listing courtesy of JP and Associates Southlake.
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- 4 Beds
- 4.1 Baths
- 14212663 MLS
Listing courtesy of Ebby Halliday, REALTORS.
This 3 story Livingston unit offers 4 bedrooms, 4.1 baths & 2954 sq ft of covered living space. Open floor plan & designer touches throughout. Unit can be customized to b...
- 4 Beds
- 4.1 Baths
- 14162557 MLS
Listing courtesy of Keller Williams Realty.
MLS# 14184850 - Built by Ashton Woods Homes - Ready Now! ~ Luxurious new home in Trophy Club only 31 mi to Legacy West, min to HWY114 & DFW airport, I635, SRT 121. Commun...
- 4 Beds
- 3.1 Baths
- 14184850 MLS
Listing courtesy of HomesUSA.com.
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- 4 Beds
- 3.1 Baths
- 14227483 MLS
Listing courtesy of Britton Homes.
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- 4 Beds
- 3.2 Baths
- 14225689 MLS
Listing courtesy of Wendell Miller Realty.
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- 4 Beds
- 3.1 Baths
- 14188643 MLS
Listing courtesy of Britton Homes.
Elegant and spacious Drees Custom Home with soaring ceilings and spacious rooms with designer touches everywhere! Gourmet kitchen with granite and beautiful cabinetry. ...
- 5 Beds
- 5 Baths
- 14120808 MLS
Listing courtesy of Shirley Boulter Davis, REALTOR.
Gorgeous Drees Custom Home with soaring ceilings and spacious rooms with designer touches everywhere! Five bedrooms and 5 baths! Gourmet kitchen with granite and beautifu...
- 5 Beds
- 5 Baths
- 14098566 MLS
Listing courtesy of Shirley Boulter Davis, REALTOR.
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