New Construction
There are few things more fun than building and designing your own home. No more worrying about other people’s design mistakes and bad choices… This is your chance to build your dream home!
Lucky for you… Loudoun County has a lot of builders, neighborhoods, and styles of homes for you to choose from. Therefore, you do not want to go at it alone. Having an experienced an knowledgeable agent on your team can save you from making a costly mistake in the construction of your new home. Be sure to pick an agent who has a thorough knowledge of what each community offers, doesn’t offer, and that has experience negotiating with builders. There are many hurdles along the way when building a new home.
You will be very thankful that you picked a qualified agent to assist you in the purchase of your new home! Contact me to set up a new home consultation! And don’t worry… The builder will pay my commission!
The Benifits And Drawbacks Of Buying New Construction…
March 1st, 2010 Categories: Buyers, New Construction
The idea of owning a “NEW” home is a really exciting idea! If you are in the market for a new home, Loudoun County does not lack in options. Nevertheless, there are a few differences that you should be aware of prior to shopping…
The Benefits Of Buying New…
- The home is customized to your preferences rather than another person’s tastes.
- It is simply “NEW.” We all like NEW things.
- The home will lack needed repairs and maintenance for a while since most of the home and it’s systems are under warranty.
The Drawbacks Of Buying New…
- A new home is usually more expensive than a re-sale home.
- You have to wait for the home to be built which can take months.
- The initial investment after moving in can be costly… Don’t forget that you will need blinds, curtains, some appliances, and possibly landscaping.
Final Tip# Don’t buy alone! The sales rep can’t get you and the builder the best deal. Let a professional Realtor represent you. They can help with negotiation, selections, inspections, etc… Don’t worry, the builder will pay them so you don’t have too.
| Currently No Comments »
Why Your New Home May Not Qualify For The $8,000 Tax Credit
January 19th, 2010 Categories: New Construction
To qualify for the extended $8,000 tax credit or $6,500 tax credit the government is giving to first time buyers and existing home owners, you must be under contract to purchase a home by May 1, 2010 and settle before July 1, 2010.
The problem presented to many new home buyers is that it takes many builders at least 4-5 months to build a home. This time frame can increase depending on the size of the home (have your agent check with the builder). Since it is currently near the end of January, most homes will not be finished and ready for settlement until the end of June putting buyers outside of the time frame for receiving the tax credit.
It is possible that these new homes will be completed early, though you will be hard pressed to find a builder to make you a promise regarding this. If you are shopping for a new home and want to be settled by July 1st to get the tax credit, then you need to find a builder who already has permits pulled on your lot or find a spec home… Good luck.
If you are committed to buying a new home and can’t get the tax credit, don’t loose any sleep over it. There is a small chance they will extend it. However, you won’t gain anything by not buying. You still have the benefit of buying while interest rates are low and this market’s prices are still attractive.
Looking For New Construction Representation?
flickr photo credit- wilhei55
| Currently No Comments »
Don’t Buy A New Home Alone!
July 6th, 2009 Categories: Buyers, New Construction
There is something very exciting about purchasing a new home! You don’t have to walk in and make repairs and the home is customized to your tastes. My wife and many other people simply enjoy looking through model homes on the weekends with no intention of making a purchase.
The danger comes when you simply fill out the no obligation “registration card” where you place your name and how you found out about the property. You most likely leave most of spaces blank so that you don’t get spammed and feel no need to let them know that you have a Realtor.
This is mistake number #1. 
You may not have realized that you needed to put your Realtors information down for them to represent you. Or, you may not have an agent.
If you fail to place your agents information on the registration card there is a strong chance that the builder will not allow your agent to come back and represent your interest. Why would they do this???
- It is in the builders best interest that you purchase without the assistance of a professional who knows the market and has proven negotiation skills. You are no match for a builders sales rep who handles multiple offers on a weekly basis.
- Some sales reps receive more pay if there are no agents assisting the purchaser during the transaction.
You may be of the mindset that you do not need an agent to represent you. I am always amazed when people choose to make one of their largest financial decisions without any representation. Here are a few things I would encourage you to consider…
- Builders have a set aside fee to pay agents who sell their homes. In other words, you aren’t paying for the advice of someone who should know the market better than you do. Even if you had to pay for the advice (which you aren’t), wouldn’t it be wiser than possibly living somewhere that isn’t going to meet your needs for the next few years?
- A builder will not discount the home you are purchasing by 3% if you don’t bring an agent. If they say they will, negotiate the price as low as you can and then ask for your 3% off since you don’t have an agent. Builders resist this type of selling because many of their sales come from agents. If it got around that they were in the habit of cutting agents out of deals it would greatly harm their business.
- Not all agents are created equal. Most people who resist professional assistance have had poor experiences in the past. As in any business, there is quality and there is the lack of. If you simply want a chauffeur where you do all of the work and they let you in to the homes then there are plenty of companies out there for you. However, if you are looking for a quality Realtor who can trust and will provide you a service worth their pay then they are out there also.
Working with an agent who…
- Knows the area where you are looking to purchase.
- Knows what recent sales (re-sales and new homes) have been in the neighborhood.
- Knows similar neighborhoods that may interest you.
- Searches for your next home when you are not looking.
| Currently No Comments »
Pulte At Windermere Is Completing Phase One
January 15th, 2009 Categories: New Construction
Foreclosures are not the only homes selling in this market.
New home builders in Loudoun have been offering incredible prices and incentives this past year making their homes much more attractive than long waiting periods and as-is clauses.
This past weekend “The Glen At Goose Creek,” built by Centex Homes finished selling phase one of their community. Less than a mile away, Pulte Homes at “Windermere,” is wrapping up their phase one selling towns and single family homes.
What Is Left?!?
Townhomes Specs
Tyler & Stratford (End Unit) – February Delivery
Prices in the low to mid 400’s.
4 Other Tylers/ 1 Wesley – To Be Built
Single Family Specs
Ashford Model- Immediate Delivery- $539,900
6 Home-sites Available for Spring Delivery
Prices vary at this time… Pulte is open to negotiation. They are currently offering 10k in closing cost and paying a 1 point loan origination fee.
*I have experience selling in this community and with new homes. If you are interested in receiving more information regarding any new home community and would like my assistance in negotiating a GREAT DEAL… contact me today!
Community Of The Week: Pulte’s Windermere In Ashburn
Ashburn and Leesburg’s Best New Townhome Deals
Photo by Jonathan Bunn and copyrighted.
| Currently No Comments »
The Chase At Belmont Country Club in Ashburn VA
December 30th, 2008 Categories: Belmont Country Club, Community Of The Week, New Construction
You cannot be a real estate fan in Ashburn and not know who Toll Brothers is.
Whether you are looking at condos or luxury estate homes, they have built it. Their elite signature series of homes can be found at a community which is a part of Belmont Country Club outside of the gate called, “The Chase At Belmont Country Club.”
The Chase At Belmont CC boasts some of the largest homes in Ashburn with square footage only beginning with 4-5000 square feet on two levels. Currently Toll Brothers is finishing the lower level of the home as an incentive to purchase (this could change). There are homes in this community over 8,000 square feet!
A Few Highlights…
- 10 foot ceilings on the main level
- 5 models left to choose from
- 1/2 acre lots
- 3 or 4 side load car garage
- Prices starting in the low 900k’s.
If you are interested in viewing or receiving more information on The Chase At Belmont Country Club or any other Loudoun Community please let me know.
Other Popular Communities
Parkgrove At Broadlands; Loudoun’s New Luxury Home Community
Community Of The Week: Lansdowne On The Potomac
All information is deemed reliable but should be verified for accuracy. I represent purchasers not Toll Brothers and their incentives and prices are likely to change at any time. The photos of the homes on this post are not being offered for sale.
| Currently 2 Comments »
