New Home Buyers and Investors
Get the First Release Advantage
Purchasing a New Home or Condominium the moment it's released for sale is an innovative real estate investment process that often allows home buyers and investors the ability to choose first and purchase tomorrow's completed new home or condo at today's lower pre-built home price*. Many people hear about buying property in the pre-construction phase of development and getting a great deal. These stories usually involve someone “getting in” during the early stages of planning and development when the builder releases their project for sale and often offers incentives and competitive pricing. With First Release Homes, it's now easier than ever to be one of the first to choose and save when purchasing a pre-built home or condominium the moments it's released for sale:
How it works
When you sign up with First Release Homes, before new homes or condominiums communities are released to the general public for sale, you will receive an e-mail alert with inside up-to-the-minute information and have direct access to the builder or new home specialists, increasing your chances of reserving and ultimately purchasing a new home or condo in the First Release!
Why it works
It is a commonly held notion that real estate is one of the most stable and lucrative ways to invest. One of the easiest and most cost-effective ways to purchase a new home or investment property today is getting in on the ground floor of a new community or development. Pre-construction home buying is an effective strategy for the following reasons:
1. You’re offered first choice. Having the ability to choose the best homes and locations available during an initial sales release is beneficial to homebuyers. You can select pre-built home options such as available corner units, top floors, the best views, parking, floor plans, or specific amenities. By getting in early, you have more choices and get to select the home you really want. This adds to pride of ownership and return on investment.
2. You’re often offered the lowest price. Pre-construction real estate investing offers a set price (usually 10% to 20% under market value) which means you often build instant equity upon the purchase of your new home. Many homebuyers and investors take comfort in knowing they’re not leaving money on the table or left wondering if they made the “best deal.” If you plan to buy in a specific community or development, there is no lower price point you can get in on than during the initial sales release. Pre-construction is typically the lowest base price you’ll pay for a specific unit or property.
3. Small initial investment. The homebuyer makes a modest initial deposit, typically 1-3% of the total purchase price to reserve a new home or condo. The balance of the down payment is paid when certain development milestones are reached or prior to closing escrow. For the homebuyer, the first release purchasing advantage provides an opportunity to seal a property deal with little margin money and achieve sizable discounts over the tentative price of the finished homes.
1. Reserve your new home or condominium for a small initial reservation deposit.
2. Realize price increases as other homes are released in your selected new home community.
3. Enjoy the benefits of leverage without mortgage payments, while your home is being built.
4. Close escrow with confidence that you received the best value and new home selection.
*Every effort has been made to accurately represent the above information. Members, Subscribers or Homebuyers who use our service are encouraged to perform their own due diligence in selecting and purchasing in any of our featured builder’s communities. We cannot guarantee success using the services of First Release Homes, nor are we responsible for any of our members’/subscribers’ results and or actions. First Release Homes is not affiliated with the builders or with the sales or marketing professionals who represent the builders. We provide a free service for our members in order to give them the benefit of locating, tracking and purchasing new home or condos the moment they are released for sale. Your purchase price remains the same whether or not you work with one of our new home specialists or purchase directly from the developer or home builder. There is no guarantee that our members will secure a home or realize any equity appreciation using the techniques and methods of First Release Homes. Certain statements contained within this website, including without limitation, statements containing the words "believes,” "anticipates,” "hopes,” "intends,” "expects,” and other words of similar importance, constitute "forward-looking" statements within the meaning of the Private Litigation Reform Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors, which may cause actual events to differ materially from expectations.
