How to Save Money on New Home Construction!

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When the available homes for sale aren’t quite the right fit for you, many people turn new home construction. So let’s guide you on how to save money on new home construction to help you find the right home for you!
#HowToSaveMoneyOnNewHomeConstruction

In practice, I share with my clients to simply #JTAB = Just Take a Breath it’ll be alright as we move forward together. Remember, FEAR = False Evidence Appearing Real. What’s the best way to replace FEAR? With knowledge and you’re doing that right now. Kudos!

What you’ll learn:
1. How can I reduce the cost of new construction?
2. Buying new construction home negotiation!
3. Do I need a Realtor to buy a new construction home?

NOTE: To adjust video speed for your listening/ viewing pleasure, please use the settings icon on the bottom right of your screen. It looks like a gear. =)

Timeline:
1. 0:46 – 6 common factors that influence builder pricing! Is buying a new home worth it?

1. 1:12 – Why it’s important to have your OWN BUYER Agent! Can you negotiate new construction homes?
2. 2:40 – How to know the best time of year to buy a new home! Tips for buying a brand new home from the builder!
   Link to SEC filings: https://www.sec.gov/edgar/searchedgar/companysearch.html
   Tip: Google the stock market ticker for a publicly-traded new home builder. Enter it the search bar in the link above. Locate their 10Q and 10K reports.
3. 7:48 – The truth about builder list prices- the devil is in the details!

4. 9:34 – Understand the role of how the builder’s inventory affects pricing and potential negotiations!

5. 11:10 – But won’t I get a better deal if I don’t have an agent and I work with the new home agent instead?

6. 12:16 – Get everything in writing!

7. 12:46 – What you see is what you might not get! Where to spend money when building a house counts! How much do upgrades cost when building a home?

8. 14:18 – Best of the Best- The builder’s model home!

9. 15:04 – Do your research on the new home builder! Ask your future neighbors about their experiences working with the builder in your favorite community!

10. 17:34 – Investigate the builder’s lender! Make sure you’re comfortable working with them moving forward or if you should have your own lender. It’s your choice!

Thank you for watching! =)

Enjoy an amazing day!
Andrew Finney
#AndrewFinney
AndrewFinneyTeam

Disclaimers/ Credits:
At the time of production, Andrew Finney, S.0173260, is a real estate salesperson with King Realty Group in Las Vegas, NV.

Andrew’s videos are his own and do not necessarily represent the views and/ or opinions of KRG.

The purpose of Andrew’s videos are to educate you and help you make sense of the real estate process. If you have questions about home loans, real estate, taxes, financial advice, real estate law, insurance, professional trades, or any other services where you live, you are advised to reach out to the appropriate professional for further counsel about your own unique situation.

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