One note I want to make though now: when making color selections, take pictures of the brick, cabinets, counter tops, hardwoods, paint, etc. You will save yourself from having to prove later what was the right color!
Realtor/Broker at REMAX One Realty
ABR - Acredited Buyer Representative
CNE - Certified Negotiations Expert
CRRS - Certified Residential Relocation Specialist
America's Best Agents member
New Construction Specialist
Real Estate Innovator Award
TREIA - Triangle Real Estate Investors Association member
16 Years of experience in the Triangle Real Estate!
Let's talk about Land-Investment-Commercial-New and Green Homes-Real Estate Foreclosures and Shortsales
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Model homes are gorgeous and you have to remember that all of the upgrades were probably built and installed into the home to appeal to the buyer. When walking through a model, your main question needs to be what is included with the basic price of the home, then start adding up any extras you like, that you see in the model home. You also may want to know what is the final price of a home duplicating the model home, given you like all of the upgrades. But that is the key word 'upgrades'.. Which will raise your base price...
Best of Luck;
CEO & SR Credit Repair Specialist of
Everlasting Credit Repair
If I can be of any assistance to you, please don't hesitate to call me at 919-795-5447. I also invite you to view my website at http://www.RaleighHomeSite.com . I do have a button in my site under HELPFUL INFORMATION that will open a page listing links to many of the new home builders in the Triangle area, both local builders as well as national ones.
Modle homes are dressed to impressed and priced too.
Figure what your budget is and what you can be qualifed to purchase.
If possible use an independent mortgage broker, not the builders lender for financing.
Remember, the modle home's agent represents the seller/builder not you. Have your own agent/Realtor to work for your best interests.
I've owned and worked on both. If you're not handy things can get expensive very fast.
Model homes always have many added features that are not included in the "standard features" as part of your base purchase price. Always ask the sales agent to carefully explain which features of the home are NOT included as standards. The agent should be able to give you a fairly good idea of what the various upgraded features would cost should you want to add them on to your home. Some examples of features that may not be included in the base purchase price (depending on the builder) are granite countertops, stainless steel appliances, a fireplace, hardwood floors and other items. These items can potentially add thousands of dollars to the base price of a new home so it's a good idea to be aware of them so that you don't fall in love with something that will put you way over your intended budget.
Please feel free to contact me directly if you are not working with a realtor and would like to discuss further. Best of luck in your home search!
Buyers of new construction are often told that they don't need an agent and that they can take care of everything. This may be the case but it doesn't necessarily have your best interests in mind. It's certainly ok to use the builder's financing program BUT it's important to know how their rates compare to the outside world.
Also ask if the builder has models of any homes reflecting the â€œbase priceâ€ so you have a clear understanding of what your new home will look like. If all the models are filled with upgrades, ask if there are any photos of homes with standard features, or if you can walk through some homes in progress of being built that are closer to what the base price home would look like. This can also help you get a feel for the building process as well as how well as give you an idea of how closely involved your builder will be with your project.