Katherine Bartlett

Medina County OH Realtor

Katherine Bartlett
REALTOR®
330-858-0257
Kathy@katherinebartlett.com
RE/MAX Crossroads
Medina, Ohio
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Opting for New Home Construction

New Construction Homes

Whether to buy an existing home or have one built is yet another decision to make during the home-buying process. If you decide to go with new construction, your real estate agent can be a powerful advocate in your corner as you negotiate upgrades, a move-in date and other terms with the home builder.

Below are some basic pointers to prepare you for the journey ahead.

Selecting a builder

Shopping for a large production or custom home builder can be a daunting task. Start by defining what architectural styles appeal to you and then seek out the builders in your area who offer those styles. Due diligence is essential. Ask friends for referrals to get firsthand accounts; verify the builder’s state license status, if applicable; and check whether they’re certified by the National Association of Home Builders.

The builder representative and your real estate agent

A builder representative’s ultimate goal is to sell you a home. His or her role is to provide a wide range of information to help you in your decision-making, from building restrictions, roads and easements to inspections, warranties, rebates and upgrades. A real estate agent knowledgeable in new-home construction will be able to help you wade through all the data and point out the downsides and upsides of each line item. Your agent also can look out for your interests in reviewing the builder’s contract, which often contains more legal jargon than consumer-friendly language.

It’s all about timing

Market conditions greatly dictate a builder’s incentive to make a deal you cannot refuse. When a builder has inventory on his hands, his carrying costs start adding up. When this happens, a builder might be more amenable to strike a favorable deal, whether it’s throwing in upgrades or taking a bit off the asking price. A real estate agent can help you know when market conditions are right for these benefits. Also, watch for builder close-out sales. Builders promote these special events when a new subdivision is near completion but empty inventory still remains.

A word about paying up

While there are always exceptions, most builders require a deposit when a purchase agreement is signed. They also require that the buyer pay for any upgrades prior to closing. If you back out prior to closing, unless the agreement states otherwise, you will lose that money. Make sure you understand every detail in the builder’s contract before signing it.

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Testimonials

Outstanding agent. Quick responses to all queries. Excellent presentation prior to signing on with her. Very knowledgeable. Straight shooter. My wife and I highly recommend her.
Our home buying experience was very complex as we were purchasing acreage with a house from out of state. Kathy did a wonderful job explaining each step of the process.
Kathy is the most professional realtor I've worked with. Very responsive, knowledgeable and always working hard on her client’s behalf. I will definitely use her again.
When Kathy walked in our house my wife and I knew she meant business and was determined to sell our home. She gave us great advice on what needed to be done to make our home stand out in the market. Our home went into contract in only 4 days giving us the price we wanted.
Kathy is wonderful to work with! She always has her clients best interests in mind. She is professional & hard working. I highly recommend Kathy for anyone looking for an amazing realtor.

Providing Clients Exceptional Service

Katherine Bartlett, REALTOR®
RE/MAX Crossroads
Call us today! 330-858-0257
Kathy@katherinebartlett.com
888-801-9390 Fax


  

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