New Construction homes are a great option in the current market. More buildings permits were pulled the first quarter of 2013 than over all for 2012 and 2014 and 2015 saw the trend grow even stronger for new construction. Builders have many homes ready for occupancy. Lenders are offering more options for construction loans. New homes offer larger, more versatile floor plans for growing or multi-generational families. Buyers can expect seller paid closing costs as well as high end standard features and maybe an additional upgrade or two.
Interested in buying a new home? Ask your real estate professional to share their experience with local builders. Are you looking for a pre-built (spec) home? Do you want a builder to customize an existing floor plan for you? Do you want a completely custom home? All these questions will play into the amount of time it takes to close on and occupy your new home. Your real estate professional can help you identify what is best for your needs.
Never assume that walking into the sales center alone is the best approach. New home sales center employees work for the builder. Their job is to try and get the highest price possible for their client, the builder. Hiring a buyer’s agent is free and a buyer’s agent works for the buyer with a goal of securing the lowest price and best terms possible. South Market Real Estate offers free buyer agency. Contact us today to find an experienced agent (803) 460-7001.
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