Buy Preconstruction Homes

Category: Finance, Real Estate.

In Atlanta, there s a certain allure to buying a new home as opposed to what s called in the industry a" resale" home.

You can buy new construction in a planned community, choose a pre- built home, finished home or, buy a new choose a custom home builder and start with your own blueprints. There are several different ways to buy new. Your choice of how to buy a new home will depend on a great many factors including your pocketbook and your style. Build on Your Own Land. If you ve decided that you want to buy new, you ve got many options among the builders who specialize in custom homes in Atlanta. If you re building on a budget, one money- saving option is to build on land that you own. Modular home construction is an option that has come a long way in the past decade.

You ll still have multiple options for new home styles, including pre- built and custom built homes and other custom home options that are in between the two. Many builders will work with you to customize and personalize pre- built and modular homes and make them reflect your own personal style. Planned communities are among the most popular of new custom homes in Atlanta. Buy preconstruction homes. Most of us think of" planned communities" in terms of cookie cutter houses, but that doesn t reflect today s realities at all. When you buy new custom homes in the pre- construction stage, you get the most out of the opportunities to customize the look and style of your new home. Most communities are built on several basic styles with lots of room for customization.

The earlier in the construction phase that you buy into the community, the more options you have for input into the design process. Development of planned communities happens in several stages with options to buy at different places. What are preconstruction homes? Developers need to raise money at various stages in the construction process, and the earlier that you choose to buy a" unit" in the development, the more say you have over design choices. Often, if you buy your home in the pre- construction phase, you can get it for 70- 80% of the price you ll pay for the exact same home once it s finished. Buying in the preconstruction phase will also give you considerable financial advantage. Buy during an early construction phase.

Developments are built in several phases, with the homes that sell during each phase of building priced accordingly. Although it won t save you quite as much, buying a new home during an early construction phase of a new community development is a good way to get a bargain on custom homes in Atlanta or anywhere else. Generally, phase one is the preconstruction phase, starting before ground is broken. Each successive phase will be timed according to a landmark in building or selling of homes in the community. You ll be buying based on an artist s rendering of your new home. As each phase is completed, the cost of each unit will increase. Consider a" systems built" home.

You can save 15- 20% of the final purchase price of your new home by buying in an early phase of construction. The wave of the future in custom home building appears to be building systems, where a new home is constructed of pre- built systems that are put together at the home site. Those are just the furthest extension of the idea of system building, though. The most familiar of these for most people are" modular homes" which are completely finished offsite, with only the foundation built on site. Panelized home building systems may include just the basic structural elements of a home- the framing of the walls and roof, for instance- or they may be fully finished with doors, windows and even appliances. Because much of the work is completed in a climate controlled factory setting, using building system components eliminates many of the most common reasons for construction delays and cuts costs considerably.

Each component is completed off site, shipped to the home site and assembled on site by an experienced builder. The degree of customization possible varies from package to package. If you re looking at custom homes in Atlanta, discuss the above options with your builder and/ or realtor. Working with an experienced builder of custom homes in Atlanta will give you the highest degree of flexibility with the minimum of delays and frustrations. You may find that it s far less expensive to own a beautiful, custom built home, brand new than you ever imagined.

Read more...

Similarly, Getting The Home Fixed After The Wood Has Been Destroyed Can Be A Costly Endeavor - Finance and Real Estate Blog:

So, you have found the house of your dreams and you think you are ready to initiate the closing process. In fact, there are several different types of inspections that you might want to have completed before you sign any type of agreements.

Short Sales Are The Real Estate Equivalent Of Repossession Auctions - Whitney Wimsatt about Finance and Real Estate:

Many new investors thrilled by the novel idea of making money by buying and selling real estate, are persuaded by short sales or sometimes called" foreclosures" .

One Of The Most Exciting Steps That You Can Take In Life Is Making The Purchase Of A New Home - Kayla Macri about Finance and Real Estate:

One of the most exciting steps that you can take in life is making the purchase of a new home.