Busting the Myths About Buying a Newly Built Home

If you’ve been skipping over newly constructed homes during your search, you may be basing your decision on outdated ideas. Let’s clear up four common myths so you don’t miss out on a great opportunity.

💡 Myth #1: New homes always cost more
It’s easy to assume a brand-new home will come with a higher price tag, but that’s not always true — especially in today’s market.
With builders adjusting floor plans, offering smaller layouts, and providing price incentives, the cost of a new home can be comparable — or even lower — than a resale home in some areas.

💡 Myth #2: Builders won’t negotiate
Some buyers think builders have set prices and won’t budge. In reality, many have move-in-ready homes they’re eager to sell, which means they may offer:

• Price reductions

• Closing cost credits

• Mortgage rate buydowns

• Upgrades at no extra cost

Builders often have more flexibility with incentives than individual sellers.

💡 Myth #3: Older homes are built better
Craftsmanship can vary in any era. The key is choosing a reputable builder with a track record of satisfied buyers. Talk to past customers, read reviews, and ask your real estate agent for insights on the builder’s quality and service.

💡 Myth #4: You don’t need your own real estate agent
When buying new construction, having your own agent is more important than ever. Builder contracts can be different from resale contracts, and an experienced agent will help you understand the terms, negotiate on your behalf, and protect your interests.

Bottom line:
Don’t let misconceptions stop you from exploring new construction. Whether you want to know what’s being built nearby or see if a new home fits your budget, it’s worth taking a closer look — you might be surprised at the opportunities out there.

📲 Ready to see what’s available? Let’s talk.

Original article posted www.keepingcurrentmatters.com