How to Find Hot Deals on New Homes

If you are looking for a new home, not only do you want to find property that is perfect for you, but you also want to find a house that is a good deal. In today's market, there are plenty of great deals on new homes to be found. All you have to do is make the effort and spend the time on finding just what you need.

Some neighborhoods might seem overpriced, but buyers who know just what they want can often find bargains. One way to begin to search for a good deal on a new home is to look at new houses that have been on the market for more than three months. By the time a new home has been for sale for that long, the price has likely dropped once or twice. The builders may even be willing to drop the price a bit further in order to get the home off their hands. So when you search for the right house and want to find a good deal, start by looking at older listings.

Watch for homes that have owners who have dropped the asking price at least once. These homes are easier to grab for a better price because it is obvious that the owners or builders are willing to deal in order to get the home off their hands and moved over to a new buyer.  Many buyers may assume there is a negative reason that the home hasn't sold.  That isn't always the case. 

If you do not mind doing a little work on a new home, you can also get a good deal with a bit of a fixer-upper. If you purchase a home, for example, that has not yet been painted recently or needs a new floor to really have pizazz, you could save a significant amount of money by purchasing a home and upgrading it. Some people thoroughly enjoy going into a home and making it their own. Finishing some of the details can help you do that and it can also help you save money.

Another way to save significant money on a new home is to watch for houses that have banks involved. If there's a Boise home in foreclosure, or a short sale, buyers can get a great house for less money. This may lengthen your housing process and provide some complications, but the savings could be substantial.  An Hughes Group agent experienced in working with this process can make it happen smoothly.

Keep in mind that even if you cannot afford what you think you want, there are great deals on new homes for those who put the time and effort into looking.  There are steps that you and your Hughes Group realtor can take if you have patience and smarts.

Ready to start you search for a new Boise home? Our on-call agent is available for you 24/7 at: 208.571.7145.

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