Expert advice on new construction purchases

Having the right agent at your side is crucial when shopping for new construction, and is here to help you navigate through your options in the Waterville area.

Gain an advantage when negotiating new construction in Waterville with Coldwell Banker Plourde Real Estate as your real estate agent - (207) 660-4007

People that buy brand new homes in a development don't like to see houses sold after theirs go for less money. Knowing this, the builder or developer often won't bend on price. (You'll appreciate this behavior after you've bought a home in a development of new construction!) Regardless, depending on the market and the status of the project, there's sometimes room for negotiation.

Consider a home has been on the market a long time and the builder has a lot sunk into it, then you have some room. The same goes for show or model homes that have been sitting for a while. However, if a home was recently finished, don't count on being able to get a deal.

In cases where a builder won't budge, try getting a break in other areas. Ask for help with the closing costs, or additional amenities, like an allowance for window treatments, a garage door opener, a sprinkler system or landscaping, or an extended home warranty. Or take the contrary route. If a home is nearing completion, you can often save money by passing on suggested upgrades from the builder and installing things yourself.

While you should always negotiate a home warranty so problems can be fixed, get a home inspection before your purchase regardless. Inevitable problems can be repaired (by the builder) before you move in and larger problems identified before it's too late. Since an inspection is relatively inexpensive, some new home buyers get an inspection after being in the home for 10 or 11 months - that way, the builder can make the repairs before a 1 year warranty expires.

Finding you a new home that meets your family's needs and matches your budget will be my #1 objective. Give me a call at (207) 660-4007 to launch the search for your new home today.