Qmetro Realtors Inc knows new construction

Partnering with the right agent is essential when shopping for new construction, and is here to help you navigate through your options in the Albuquerque area.

Gain an advantage when negotiating new construction in Albuquerque with Qmetro Realtors Inc as your real estate agent - 505.615.0436

In real estate, you can always negotiate. However, with new construction, it depends on the developer and the length of time that the home has been on the market. Developers in new additions like to keep prices near their asking point because buyers already in the area expect new construction to be comparably priced to what they already purchased. (You'll appreciate that same courtesy if there are undeveloped lots near the home you eventually purchase!) But, depending on how far along the project is and what the market is doing at that point in time, developers have been known to allow a few concessions.

Say a home has been on the market a long time and the builder has a lot sunk into it, then you have some room. The same goes for show or model homes that have been sitting for a while. However, if a home was just completed, it's unlikely you'll get a deal.

You can always ask for assistance in other ways when purchasing new construction. For example, closing costs are one way for you to save without lowering the price of the house. The same goes for amenities - ask for things appliance upgrades, a garage door opener, a fence or landscaping, or an extended home warranty. That can go the other way around, too. If upgrades are already in the plan, try to get the builder to remove them - you might be able to install them later yourself at a savings anyway.

While you should always negotiate a home warranty so problems can be fixed, it's also imperative you get a home inspection before closing. Inevitable problems can be repaired (by the builder) before you move in and larger issues identified before they become your problem. Since an inspection is relatively inexpensive, some new home buyers get an inspection after being in the home for 10 or 11 months - that way, the builder can make the repairs before a 1 year warranty expires.

Finding you a new home that meets your needs and matches your budget will be my #1 priority. Give me a call at 505.615.0436 to begin the search for your new home today.

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