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1st Time Homebuyer | Kitsap County | New might be better

By
Real Estate Broker/Owner with HOMEFRONT Realty WA State Licence #23384

Authored By: Jo Soss : WestSoundLive.com


You are a 1st time homebuyer, should you purchase a new home with all the bells and whistles or should you settle for that tried and true “fixer-upper/equity builder”? This question is a tough one for many 1st time homebuyers. Considering there is a $7,500 tax credit for homes closed prior to July of 2009 you have more research to accomplish than your parents did.

I never would have thought of owning a new home as a 1st time homebuyer. It just wasn’t something you thought about in our income bracket. Oh, and our parents would have been screaming about working hard for what you had and that someday you would be able to have the shiny new house.

My first home was a fixer-upper, after a couple of years we sold and we did make a modest profit that enabled us to be “move-up buyers”. The second home was newer and really just needed an unfinished basement finished – easy yes, but with 2 toddlers and daycare bills the projects just didn’t seem to come to fruition.

The next home was a new construction home and after moving in and doing fencing and landscaping all we did was enjoy it. Yes, I do love a new home. So back to my question, should a 1st time homebuyer purchase a new home – SURE, Why not?

Today, in Kitsap County the re-sale inventory between the $215,000 and $230,000 is filled with some junk, some “as-is”, some “no repair”, and some “equity building” garbage type of homes. There are several short sales that are over priced and some soon to be REO’s that are really “tear-downs”. So why not look at new?

In the Kitsap County area you can you can buy a new home in a new home community for right around $230,000. If you need help finding these homes just give me a call.

Between the years of 1995 and 2003 I worked exclusively the new construction “niche”. I was a buyer’s agent for several home builders in the South King County area. I know my way around a new construction site and the process of what would be considered the “pre-sale” type market. I have a strong background in construction, having learned the trade as a construction sales representative for a large building supply company that was called back then a “lumber yard”.

You won’t get all the bells you would like but you will be able to enjoy your new home purchase without feeling the pressure of attending a Lowe’s seminar every Saturday morning. Let me know how I can help.

 

New Construction in Kitsap County under $230,000

Currently there are 33 homes between the prices of $194,950 and $229,950 listed in different stages of construction. Some are offered as a pre-sale, some are listed as under construction and some are listed as complete and ready. There are 32 homes with 3 bedrooms and one home with 2. There are homes with 2.5 baths, 2.25 baths, 1.75 baths and 1 baths. If you would like the bath definitions just leave me a comment and I will send you the data.

 

 

Jo Soss-Olson · WestSoundLive · Copyright © 2008 · All Rights Reserved

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Jo SossAuthor:Jo Soss

Jo Soss is the designated Broker and the owner of Homefront Realty in Bremerton Washington. Selling real estate in the greater Puget Sound area since 1994 she has vast knowledge in all aspects of a real estate transaction. Using today's technology with her signature personal service allows her to achieve complete customer satisfaction.

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