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10 Ways to Save Time and Money When Buying a New Construction Home in Arizona

10 Tips To Save You Time and Money


The Homebuyers’ Guide to NEW HOMES

Read THIS BEFORE You Visit YOUR First Model Home!

When shopping for your home, you'll discover that most homes on the market are resales. Yet, one out of four homebuyers purchases a new home. Both new homes and resales offer advantages. Before you make a decision, let's . . .

COMPARE THESE POINTS

NEW HOMES

  • - offer innovative use of space and style
  • - greater energy efficiency
  • - a choice of options and upgrades
  • - everything is new, and modern

VS.

EXISTING HOMES

  • - on the average they are less expensive
  • - often they are in established neighborhoods with mature landscaping
  • - homes have already settled, eliminating possible problems that arise from this happening after the purchase of home

As you can see, there are advantages to both. Most people consider both new and existing homes before they decide to purchase. Should you be thinking about buying a new house, here are 10 points to consider before you visit your first model home.

10 Tips to Save You Time and Money

1) Get in Touch with Your Agent. Before you visit your first model home, sit down with your agent and do your homework. You'll want to be prepared so that you can determine a comfortable price range for your new home. Determine a Comfortable Price Range If you own a home, you'll first need to know the net proceeds from its sale in order to determine how much cash you'll have to work with. Don't simply estimate this but carefully calculate every possible selling cost. If you're a first time buyer, you'll need to first qualify your income. Determine the size of your downpayment, then work out a monthly debt load so you can determine a comfortable price range. 2) Sellers' Agents Versus Buyers' Agents. Here's a good point to remember. The sales agent in the model home represents the builder, not you. They are known as sellers' agents. As a buyer you can work with a buyers' agent at no additional cost. It's his/her business to best represent your needs by being knowledgeable about home construction, warranties, financing, differences in pricing, quality, even lot selection so that you get the best value for your money. 3) A Builder For All Reasons. Like all tradesmen, builders vary in their fields of expertise. For example there are builders who specialize in craftsmanship, others who are known for their innovative use of space, and those who offer below-market financing or customer attention during construction and after move-in. Determine your own specific needs or preferences then shop around for a builder that will best address your requirements. 4) Get the Facts About Your Builder. Before making a final decision, it is wise to check out the reputation and financial strength of the builder. Get "spec sheets" on home features covering everything from floor plans to energy efficiency, including lot availability and delivery of your home. 5) Check Out the Neighborhood.

  • Learn as much as you can about the community.
  • Discover what amenities it has to offer.
  • Investigate if financial reserves have been set aside to build or replace major amenities like schools or community roads
  • Find out from local land-use officials what else is planned or could be constructed in the area, especially where vacant land is applicable.
  • Review the rules for the homeowner's association, or find out if one will be set up.
  • Think of how you will be affected by commuting routes and times.

6) Choosing Options and Upgrades. The least expensive the base price of the house is, the more options and upgrades you can add without fear of overpricing it for the neighborhood. Options are items the builder installs during construction, such as adding usable space like a sunroom or a powder room. These features can add the most to the resale value of your home. Upgrading means selecting quality above "builder standard" such as carpeting, ceramics, detailing, kitchen fixtures and appliances. Be sure to take advantage of builder incentives that offer free upgrades or credit off the sale price. Remember, you can add a deck, finished basement or landscaping later and sometimes for less money. 7) Negotiations. Often buyers don't realize that there may be room for negotiating price, upgrades or options. For example, you have some scope for negotiating with the builder if s/he has a completed a home but hasn't sold it. Also some "premium lots" are priced higher and are sometimes saved to be sold last. Keep in mind that typically, all lots cost the builder the same, so be sure to enquire about lot pricing. Builders may offer discounts or special financing to help close a sale. 8) Be Sure the Contract Works in Your Favor! When spelling out the particulars of an agreement with your builder, ensure you protect yourself by having safeguards written into the agreement, such as: - placing your deposit in escrow - detailing your upgrades; - allowing you access to the construction site to check on progress; - a 30-day advance notice of the closing date. - an explanation of what the fine print means in the warranties of the builder and manufacturer. 9) Financing - What's Best for You? Some builders, especially in high-volume communities that place large numbers of loans, can offer special financing packages. However, because "home loan" lending is highly competitive, you have many financing choices other than those being offered by the builder. Shop around for everything, from rates to lender fees. Appraisals, inspections, surveys, attorneys and closing fees can vary as well. 10) Just Because it's New.... - Doesn't Mean it's Perfect. Yes it's new and typically it's built with modern materials that are durable, low maintenance, stronger, quieter, and safer. But because nothing is perfect, even if it's new, consider hiring a reputable, licensed home inspector. Then create a builder "punchlist", from what you've learned to address any problems before closing. Consider budgeting for items to be modified or added later on. Many new home buyers use a real estate agent to help them negotiate the best price and terms with the builder.

Immediate Delivery - New Homes Buyer Advantages Your Builder May Not Reveal!

Here's a fact that you may not be aware of. Some builders have newly-constructed homes available for immediate delivery. Usually these homes are ready to move into within 30 days. Even if some builders are eager to sell, they'll probably keep that knowledge to themselves.

Immediate delivery homes are often available for various reasons:

  • the community, where new homes are being constructed is nearly complete, so the builder proceeds to have the on-site-contractors build "spec" homes (homes built on speculation for sale) on the last lots;
  • the model home is for sale;
  • the contract on a home has fallen through; - builders include constructing homes for immediate delivery for buyers who are relocating or who have sold their previous home and need one to move into quickly

Immediate delivery homes may be more desirable because, sometimes builders offer financing incentives or free options. This may be done in place of chopping prices to appeal to buyers purchasing later in the building phase. An immediate delivery home is an advantageous way to purchase a home if you need to move in quickly, or need a physical space to walk through and see before you sign a contract. Be sure to inquire.

$560,000
3 Beds 4 Baths 7079371 MLS 2,507 SqFt.
Welcome to your Exclusive Luxury Gated Community! As you enter the large wooden doors you are greeted with a beautiful vaulted entry way with a large chandelier and beautiful great stone flooring. On the 1st floor you will find a powder room, along with the large living room, gas fireplace, and plantation shutters throughout. This opens into a dining area, a fantastic kitchen with all modern appliances, as well as a large laundry room. Going up the staircase you will find the split floor plan and upgraded carpet. The large master bedroom has a patio, split master bathroom with a walk in shower, full tub, along with cabinet space and a walk in closet on one side. Down the hall on the opposite side, you will find two great sized bedrooms each with full sized bathrooms and walk in clos Welcome to your Exclusive Luxury Gated Community! As you enter the large wooden doors you are greeted with a beautiful vaulted entry way with a large chandelier and beautiful great stone flooring. On the 1st floor you will find a powder room, along with the large living room, gas fireplace, and plantation shutters throughout. This opens into a dining area, a fantastic kitchen with all modern appliances, as well as a large laundry room. Going up the staircase you will find the split floor plan and upgraded carpet. The large master bedroom has a patio, split master bathroom with a walk in shower, full tub, along with cabinet space and a walk in closet on one side. Down the hall on the opposite side, you will find two great sized bedrooms each with full sized bathrooms and walk in closets. The location has many activities around including easy freeway access, shopping at the Biltmore Fashion park only 3 miles away, and outdoor adventures at Steele Indian School park being only 2 miles away. Don't miss this amazing property and come take a look!

111 W Missouri Avenue Unit H, Phoenix

$1,649,000
4 Beds 4 Baths 7079322 MLS 2,897 SqFt.
There are homes with beautiful views... and then there are homes where the view becomes part of the way you live. Set along the 18th hole of Seville Golf & Country Club, this exceptional single-story estate captures sweeping views of the San Tan Mountains, while thoughtfully designed custom fencing creates a remarkable sense of privacy. Outside, the home unfolds into a true private resort. A custom PebbleTec pool features a dedicated lap lane and ozone cleaning system, surrounded by beautiful landscaping and blue-ribbon rose bushes throughout the front and backyard. Raised fruit-tree gardens line both sides of the property, adding another unexpected touch to this incredible setting. The outdoor living spaces were designed to be enjoyed year-round, with an expansive covered patio, built-in barbecue, firepit and hot tub. Electric roll-down privacy screens allow the patio to transform at the touch of a button, creating an intimate extension of the home while still preserving those spectacular golf course and mountain views. Inside, every detail feels intentional. The kitchen anchors the main living space with an oversized center island and top-of-the-line commercial-grade appliances, while custom built-ins throughout the home add both beauty and function. The primary suite is its own private retreat, with separate his-and-hers walk-in closets and two massive collapsing walls of glass that open directly to the resort-style backyard. The primary bath continues the experience with an oversized walk-in shower, while a completely step-free design throughout the home creates effortless single-level living. And then there's the floorplan. Designed to accommodate the way families live today, a unique Next Gen living space creates an entirely separate experience for extended family, adult children or long-term guests, with additional bedrooms, its own living room and a private entrance. And every bedroom in the home is en suite, giving everyone their own private space. Even the garage was thoughtfully finished, with immaculate interiors, extensive built-in cabinetry, a three-car configuration and the rare advantage of two separate driveways, an unusual feature within this community. But perhaps what makes this property most special is everything that surrounds it. Legacy at Seville is one of Seville's most sought-after gated neighborhoods. Arriving home means passing the lake and Seville's iconic island 17th hole before entering this private enclave. Residents of Legacy also enjoy private pedestrian and golf-cart gate access directly to the amenities of Seville Golf & Country Club, putting the country-club lifestyle just moments from the front door. Golf. Dining. Fitness. Pools. Racquet sports. Social events. And a community that has become one of Gilbert's most distinctive places to call home. This isn't simply a beautiful home overlooking the 18th hole. It's single-story luxury, multigenerational living, privacy, mountain views and the Seville country-club lifestyle, all coming together in one extraordinary property.

6684 S San Pablo Avenue, Gilbert

$565,000
3 Beds 3 Baths 7079254 MLS 2,407 SqFt.
WELCOME to this inviting single-story home, ideally situated on a quiet cul-de-sac lot, offering 3 bedrooms + a flex room, 2.5 baths, a 2-car garage + an RV garage w/AC! Impressive curb appeal begins with a paver driveway and stacked-stone architectural details. Step inside to a bright, open floor plan where the living and dining areas flow seamlessly into the Gourmet Kitchen, creating an ideal setting for everyday living and entertaining. Beautifully upgraded, the kitchen features custom Granite countertops, a double oven upgrade, induction electric cooktop, stainless steel appliances, a pantry, and a spacious center island with plenty of room for seating. The generously sized primary suite offers a private retreat with an ensuite bath featuring a dual-sink vanity. The versatile flex... room is perfect for a home office, hobby room, or additional living space, while the dedicated laundry room with built-in cabinetry provides valuable storage. Appreciate new carpet and an energy-conscious upgrade includes an impressive 11kW solar system providing enhanced energy efficiency. Step outside to enjoy the GORGEOUS backyard oasis! A stunning pool with waterfall, large built-in outdoor kitchen with BBQ, storage shed with electricity, covered patio, and low-maintenance landscaping come together within the fully fenced backyard to create an incredible setting for relaxing and entertaining. With its exceptional garage space, upgraded gourmet kitchen, impressive energy features, and resort-inspired backyard, this home truly has it all. WELCOME HOME!

24112 N Corn Circle, Florence

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