Many of you know that outside of my interest in writing and public speaking that I work full-time in the real estate business. I love helping people find a place to call home and making that process easy for them. One trend I have seen in my business is more people choosing the new build route over purchasing pre-owned homes. We personally made the choice to purchase a new build in 2017 and wanted to share a few reasons why I feel buyers should consider a new build.
Most new build companies offer incentives to those buying homes in their communities. Some of those incentives are freebies such as blinds, refrigerator, washer, dryer, upgraded flooring etc. but other freebies carry a monetary value that helps lessen the amount of closing costs. Many times these closing cost reimbursements can be tied to using the preferred lender associated with the new build company in exchange for a closing cost credit. In most instances these credits are thousands of dollars which allows buyers to bring less money to the closing table. Many new build companies also have hometown hero incentives for those who are in education, law enforcement, Fire or EMT services.
2.) NO BIDDING WARS
In today’s market in Dallas/Fort Worth buyers of pre-owned homes are facing multiple offer bidding wars when attempting to purchase homes in the 300k and under range. Purchasing a pre-owned home 225k and under can be very tough as buyers are going up against cash investors in many situations and cannot compete. I listed at home for one day in this price range and received 16 offers in 10 hours. With new builds you do not have to worry about fighting someone else to get the home you love. In some cases for those that are already built you can negotiate a lower price if they have sat on the market for a little while.
Most new build companies offer a warranty on all aspects of the home over the beginning years of the home. Some even employ a 1,2,10 year warranty plan that covers more everyday cosmetic items for one year, HVAC and other appliances for two years and a ten year warranty on the structure and foundation. Every builder is different so make sure to ask about their warranty program. That being said almost every new build has a better warranty than the year long residential service contract that the sellers purchase for the buyers on a pre-owned home.
You also do not have to worry about negotiating repairs with the seller on a new build because the home goes through numerous inspections as well as allowing the buyer a final walk through to point out any flaws they notice before closing.
I want to close by encouraging you that if you are interested in new builds take a licensed Realtor ® with you to meet with the builder’s rep. It can only help you to hire a realtor to help represent you in the transaction. While the builders reps are typically very helpful, they still represent the builder and not the buyer. With the service of a realtor being free for buyers, it seems to be a no-brainer to have them present at all meetings and closing.
If you have questions do not hesitate to reach out.
Darrell Halk, Realtor ®
Brokered by ERA Cornerstone Realty
Last Wednesday I did something that surprised me… I benchpressed 265 pounds. I know what some of you may be thinking: so what, that’s not much or why are you telling us this. It is significant because in my life benchpress was always something that I believed I would never be good at or achieve any weight that would be seen as socially acceptable for a guy my height.
For years I always told people I am not good at bench press, I am not strong in my upper body but strong in my legs or some variation of why I wasn’t good at it. Every time I laid down under that bar, the narrative of “I can’t” blasted through my mind before I ever picked up the bar. I heard the voice of the older players in high school basketball offseason laughing and telling me to “stop playing with kids toys” when they saw the lack of weight I had on the bar. Fear of failure gripped me, fear of the bar dropping on my neck and a gym full of people laughing caused me to give up before I started because I wasn’t good at it.
I tell you this because this fear of failure didn’t just affect me on the weight bench but in life. I am growing in this area, I am confronting the things that once paralyzed me. I tell you this because I know many of you are letting “I can’t” dictate what steps you take or don’t take in life. I have found in my instances where I thought I can’t that I actually could. Even in the things that I still realize I can’t, I have a God who can and still does miracles every day. I realize that faith over fear brings with it a more fulfilling life. Does God care that I went from maxing 135 lbs. in high school to 265 lbs. today? No, he doesn’t care about my numbers but he does care when one of his children is believing the lies of Satan which cause them to sit in fear rather than stepping out to be the best and healthiest version of themselves possible. Don’t settle for the lie of I can’t, be a doer and lean on the one who can even when you can’t.
“Spirit lead me, where my trust is without borders…”
Brokered by ERA Cornerstone Realty
Many of us dream of the day we will be able to buy our first house or move into our dream house, but real estate can be a scary road to travel alone without the help of a trusted real estate professional. Darrell Halk combines his years of experience listening to peoples dreams, hurts, needs and wants through a career vocational ministry with a passion and knowledge of how to help people reach their real estate dreams. Darrell will listen to you and help you with your immediate real estate needs or help you set up a plan to reach your real estate goals in the future.
The heart beyond Coffee with a Realtor is to offer a hand, to answer questions with no strings attached, to be a voice of comfort but most of all to actively listen to your home ownership dreams and whether now or in the future to be your partner in making them come true.
Coffee with a Realtor simply means we will sit down at a coffee shop in a no pressure environment and help relieve all the fears, concerns or doubts you may have about the home buying or search process. No sales pitches or gimmicks just a realtor who cares more about seeing people reach their goals than stuffing his bank account. Already know what you want but need a realtor you can trust? Coffee with a Realtor is for you as well.If you are interested in setting up a free meeting with Darrell (Coffee is my treat), please fill out this information sheet here.
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*Brokered by ERA Cornerstone Realty