Let me suggest that you look for these Builder incentives when you make offers and negotiate the purchase of a home from a builder.
- * Inventory ’spec’ s (Completed homes, ) are opportunities as these completed homes sit, accruing interest or tying up cash, in builder inventory. The lower pricing on many of these are incentives alone.
- * Closing Costs and (some HOA fees) paid through use of Builder’s preferred lender - maximums are controlled by RESPA (not the builder)
- * Upgrades at reduced cost on appliances, flooring, counters and cabinets, even pools and patios from Standard features
- * Lot Premium Reductions - get a premium lot for less * Many builders are offering bonus to Realtors. Many Realtors will split this commission with the buyer as additional cost savings to the client.
Contact a real estate agent who specializes in new home builders and communities. New Home specialists can help you negotiate price and incentives.
Bottom Line, It is a buyer’s market. More and more it is ‘Ask and you shall receive.’
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