How To Have A Secured Home

Posted on March 10th, 2010

Yes, some builders here in the Phoenix Valley have been known to take short cuts to keep up with demand in the property boom.  The builder is able to fix any and all known items on the home inspection list.  Also, many builders will warranty up to one year on a new house.  The home inspector can conduct an inspector before the drywall is up.  This provides a high level of inspection that most new home builders don’t offer to the purchaser.  There is a larger chance of identifying defects at about that point in time.  Also, it is less complicated for the builder to fix at this time.  It is a win-win for either side of the transaction.  I have read about folk buying a new home.  Then, six months later the builder must rip into the wall due to a defect found by the purchaser after living in the house.  Yes, one has a guaranty on the house.  {However ,} this is also an inconvenience not needed for the family since everybody lives busy lives.

As the house is being built, there are plenty of other stuff I try and do to keep an eye out for my clients’ best interests.  Here are some that may actually help you.  Keep a lid on of what the current base costs for the home are and current incentives are being offered.  Many times, people buy their home and they totally forget to check what the current market is doing.  This is a huge mistake and one that may actually cost you a lot of money.  Pay attention to the base prices, inducements, and lot premiums being charged.  If you check into them and they’re much lower then you paid because of the builder having lethargic sales or increased competition, fight them!  Ask for a reduction on your price as well , or ask to get the same incentive being offered.  Most times the builder will say,’I am sorry, the price is locked in and we cannot/will not renegotiate the price.’ In my opinion, that’s stupid, and almost all of the time I will get the builder to match the current price or motivation.  Now here’s where you must be careful.  The builder is in no way obliged to lower your price or give you the same inducement others are getting.  In addition, they are literally throwing profits right out the window and they will fight you to not offer the better price .

Share and Enjoy:
  • Digg
  • del.icio.us
  • Facebook
  • NewsVine
  • Reddit
  • StumbleUpon
  • YahooMyWeb
  • Google
  • Yahoo! Buzz
  • TwitThis
  • Live
  • LinkedIn
  • Pownce
  • MySpace
Posted in Uncategorized


Recent Comments
Categories
Custom Search