Buying a new construction home can be an exciting experience, but it can also be overwhelming. To make sure you're getting the most out of your investment, here are some tips for maximizing your options when buying a new construction home.
#1: Structural Options
When it comes to structural options, it's important to think long-term. While a backsplash may look nice now, it's likely to become outdated over time. On the other hand, a sunroom, three-car garage, or finished extension will add more value to your home in the long run. So consider these structural options carefully.
#2: Design Center Credit
Most builders will offer a small credit towards your design center, but you can negotiate for more. Keep in mind that builders have a lot more margins on these options, so don't be afraid to ask for additional credit.
#3: Closing Cost
When you're negotiating closing costs, be mindful of what's included. Builders may offer $8,000 towards closing costs, but most of that will go towards taxes or junk fees. To get the most out of your investment, ask for additional credit, a longer lock on interest rates, and a clear breakdown of all fees.
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