Opting for New Home Construction

If you decide to have your new home built, the Witte Group as certified negotiation specialists,  are a powerful advocate to help you negotiate upgrades, a move-in date and other terms with the home builder.

Selecting A Builder

Shopping for a large production or custom home builder can be a daunting task. Start by defining your architectural style then seek out the builders who offer that style. Ask friends for referrals, verify the builder's state license status and check whether they're certified by the National Association of Home Builders.

Builder Representatives

A builder representative's goal is to sell you a home and provide information to help you in your decision-making from building restrictions, roads and easements to inspections, warranties, rebates and upgrades. The Witte Group is knowledgeable in new-home construction, helping you to understand the downsides and upsides of each line item. We look out for your best interests by decoding complex legalese in the builder's contract.

It's All About Timing

Market conditions greatly dictate a builder's incentive to make a deal you cannot refuse. When a builder has inventory, the carrying costs add up and it might be time to strike a favorable deal by throwing in upgrades or reducing the asking price. A real estate agent can help you know when market conditions are right for these benefits. Also, watch for builder close-out sales. Builders promote these special events when a new subdivision is near completion but empty inventory still remains.

A Word About Down Payments

While there are always exceptions, most builders require a deposit when a purchase agreement is signed. They also require that the buyer pay for any upgrades prior to closing. If you back out prior to closing, unless the agreement states otherwise, you will lose that money. Make sure you understand every detail of the builder's contract before signing it.