Pre Built New Homes and Condos
Benefits of Purchasing Pre-Construction Real Estate
Below is a list of pre-construction benefits when purchasing a brand new home or condominium in the early stages of planning and development:
1. Lock in today's pre-construction price for your future completed home. Builders often offer good incentives and competitive pricing in the early stages of development for brand new homes and condos.
2. More time to plan, save for your down payment, and comparison shop for the best mortgage rate and loan program that fits your lifestyle and budget for you new home or condo.
3. Purchasing a pre-built new home the moment it's released for sale has several immediate and long term benefits. For a list of new home benefits click here.
4. Getting in early, often affords new home buyers the first choice and selection of their desired home, floor plan, view and location of homes within the community.
5. More control during the buying process with a more predictable outcome free from the highest bidder or back and forth negotiations.
6. Opportunity to customize your pre-constructed new home with choice of flooring, window treatments, appliances, and other design elements offered by the new home builder.
7. Time to comfortably plan your move or relocation and decide what to do about your current home, condo or rental. Average time of completion for new homes is approx. 3-8 months.
8. Time to leisurely work with your interior designer to determine the decor of your new home or select furnishings well in advance of closing escrow.
9. New condos and new homes often sell at higher resale values and carry better warranties. New home builders are subject to more stringent disclosure standards than existing home sellers.
10. Opportunity to utilize the benefits of a 1031 exchange to sell your existing investment property and exchange it for a pre-construction development.
1. Lock in today's pre-construction price for your future completed home. Builders often offer good incentives and competitive pricing in the early stages of development for brand new homes and condos.
2. More time to plan, save for your down payment, and comparison shop for the best mortgage rate and loan program that fits your lifestyle and budget for you new home or condo.
3. Purchasing a pre-built new home the moment it's released for sale has several immediate and long term benefits. For a list of new home benefits click here.
4. Getting in early, often affords new home buyers the first choice and selection of their desired home, floor plan, view and location of homes within the community.
5. More control during the buying process with a more predictable outcome free from the highest bidder or back and forth negotiations.
6. Opportunity to customize your pre-constructed new home with choice of flooring, window treatments, appliances, and other design elements offered by the new home builder.
7. Time to comfortably plan your move or relocation and decide what to do about your current home, condo or rental. Average time of completion for new homes is approx. 3-8 months.
8. Time to leisurely work with your interior designer to determine the decor of your new home or select furnishings well in advance of closing escrow.
9. New condos and new homes often sell at higher resale values and carry better warranties. New home builders are subject to more stringent disclosure standards than existing home sellers.
10. Opportunity to utilize the benefits of a 1031 exchange to sell your existing investment property and exchange it for a pre-construction development.
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