Posts from October 20th, 2016
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Bend Oregon Real Estate | What Buyers of New Construction Need to Know
Buying a new home can be one of the most exciting real estate experiences for homeowners. Besides the possibility of picking out colors and interior finishes, being the first to hang a picture, to cook in the kitchen, to move in furniture can all create memories which turn a new house into a home to treasure for years to come. However, there are several things which home buyers need to be aware when purchasing a new home.
First, when buying in a subdivision, typically the asking price is the price a buyer should expect to pay. The builder, unless he/she has excess inventory which is not moving, needs to keep the price where it is so that future homes he/she builds have good comparables. Sometimes a buyer can negotiate a refrigerator, A/C, fenced backyard, backyard landscaping to be included at the list price, but it is very difficult to get the builder to reduce the asking price. And the earnest money put down on t...