Builders are throwing cash incentives at anyone who will buy one of their inventory homes and close by the end of the year.  Some of these deals seem too good to be true but are very real. One builder is offering a 1316sf home for $99,400 and another is offering a 4046sf upgraded home for $299,951.  Cash incentives of up to $175,000 are in store for lucky buyers today.

I receive daily e-mails from almost every builder in the Valley, as well as Queen Creek, Maricopa & Casa Grande, offering tremendous incentives to buyers.  They are taking losses to help their end of the year sales figures.

If there's ever been a good time to purchase a new home, this is it.  As always, you should be represented during your purchase of a new home and must take your Realtor with you on your first visit to the models or you won't be allowed representation. Remember that the Agents at the model homes represent the builder, not you.  A good Realtor can guide you through the transaction process and is there to help you avoid the pitfalls.

__________________

The above information was provided by Amy Jones, a multi-million dollar top producer with RE/MAX 2000, with 13 offices in the Phoenix Arizona East Valley and the White Mountains.

Amy can be reached via email at Amy@AmySellsAZ.com  or by phone at 480-250-3857. Amy specializes in residential, vacation homes & cabins, as well as retirement communities. A relocation expert, Amy has helped many relocate to the Valley of the Sun from all over the world.

For Homes in the Phoenix Metro area as well as the White Mountains, see Chandler Arizona Homes for Sale

I service the following towns in the Phoenix, Arizona East Valley: Ahwatukee, Chandler, Fountain Hills, Gilbert, Maricopa, Mesa, Paradise Valley, Queen Creek, Scottsdale, Sun Lakes, and Tempe.  When looking for that mountain cabin getaway, I also represent Buyers in the White Mountain communities of Pinetop/Lakeside & Show Low.

Click here to view Amy Jones's Real Estate profile.

 
This post has been included in Arizona Information Maricopa County, AZ Information

2 Comments on Builders Slash Prices as Buyers Smile All the Way to the Bank

I love new construction for this reason, however there is a new evil. Builders claiming chapter 11. This means any funds your buyer has with the builder will most likely be lost. Make sure to fight to have your escrow funds held by a title company and not the builder. Your Orlando & Lake Mary Real Estate Expert Heather Joubran

11/18/2007 06:20 PM by Orlando & Lake Mary Real Estate Expert, Heather Joubran (RE/MAX Central Realty)


Very true, Heather.  We haven't had a big problem with that here in the valley, though it has happened with a few of the minor league builders.  The big names could be headed for some problems however, if the national market continues to decline.  Definitely worth watching out for.

11/18/2007 10:56 PM by Amy Jones


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