Buying A New Home From A Builder

Builders are sellers and their prices and terms are as negotiable as any other seller.  If a builder is selling out a development quickly, your chance to negotiate is poor. If the builder is not selling as quickly as they would like to, your  price and terms are likely to be very flexible.

Many builders prefer to leave the price constant and sweeten the deal with other things.  They may offer to pay your closing costs and offer you upgrades in the finish out or appliances or landscaping extras.

Builders prefer this method because it keeps their sales prices stable and helps them sell their next home hopefully at the same price but without the concessions and upgrades you received.  This is important with new construction because price stability is profit stability.

Whatever you agree to it needs to be as specific as possible and in writing so there is less chance for confusion or misunderstanding later.

Be wary if the builder wants to pay your closing cost only if you are using his "in house" mortgage person or his friend that will get you a really good deal.  There may be a conflict of interest.  Sellers are concerned with closing the sale, not getting you the best mortgage.

Here is a link to some homebuilders








  Free Reports

Get Started


















" Refinancing - Home Improvement - Home Equity Loans - Debt Consolidation - Purchase "
Fannie Mae - Freddie Mac - FHA -VA - Conventional - Jumbo Loans

Equal Housing Lender.