Of course, not all home buyers want to become fixer-upper mavens or even like the idea of moving into a home that has previously been occupied. These buyers prefer to start fresh with new construction and the latest floor plans.
Like buying a new car, there’s something appealing about the smell, fresh paint, and new carpet that you find in a new home. Many buyers feel this is the way to go because they don’t want to redo someone else’s decorating and landscaping. If you’re among them, here’s how to find and buy a new home and avoid the pitfalls.
Shopping New Subdivisions
The first step after you’ve got that loan commitment in hand is to make a list of the new communities in the area. You already know the price range you can afford. Before you waste a lot of time driving out to these new developments, find out the median price of their models. And don’t go by the starting price shown in their advertising; builders rarely have homes or even sell them at that bottom of their price range.
From the builder’s standpoint, the name of the game is to upgrade you to the maximum you can qualify for. But before that can happen, they need to get you out to the site and let the models work their magic on your emotions. Beware.
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