$10,000 discount on selected homes, $15,000 decorator allowance, $10,000 towards closing costs, $2,000 gift card … all of these are forms of incentives Spring Texas home builders are offering to attract buyers. But does a big discount equal a good deal on a home?
The builders certainly want you to think so. And home buyers, you want to think you got a good deal too. Because nobody wants to overpay for a home. And after all, if the home builder tells you its a good deal it has to be a good deal. Right???
WRONG!!!! Here’s some food for thought. Maybe the builder is offering BIG discounts on his remaining Spring Texas homes because nobody else wanted them. Maybe the reason they have not sold is because the homes are over-priced in comparison to other homes available on the real estate market.
Or maybe the home is in a less than desirable location (such as backing to a busy road, backing to commercial, close to a railroad track, or close to an airport). Maybe the homes have not sold because of its lot characteristics (such as power lines in the back yard or the size of the back yard is small.)
Maybe the builder is offering a BIG discount because the selections in the homes are customized. But not customized in a good way. They have been personalized to the extreme (such as green carpet or a red tile backsplash when the other houses in the neighborhood have tan carpet and beige tile backsplash).
All of these are reasons why BIG DISCOUNT DOES NOT EQUAL GOOD DEAL. Because they all affect the future resale value of the homes.
There is only one way to know for sure if you are getting a good deal on the purchase of your Spring Texas home. Get a knowledgeable Realtor to represent you in the purchase. He/she will be able to advise you as to how the home’s location, amenities, color selections, and lot characteristics will affect the home’s future resale value. By analyzing the prices of recently SOLD comparable homes, your Realtor will negotiate a good deal for you and not just a good deal for the builder.
Jill Wente is an exceptional real estate agent. Her ability to stage your property for an expediatant sale that... read moreJill Wente is an exceptional real estate agent. Her ability to stage your property for an expediatant sale that gets your asking price or better is assured as ours was due to Jill’s ability to stage your property. The time Ms. Wente spends with you discussing your home’s need as far as staging and repairs shows not only her concern for you but reaps rewards if you are willing to listen to her expertise. My wife and I have had extensive experience with real estate agents in the past but Jill Wente far surpasses those selllers of homes and finally found a “real” real estate agent with the abilities that make her a true professional. Adhering to her requests enabled us to sell our home in one weekend with a purchase price above our asking price! We experienced a bidding war that was due to Jill Wente, who kept in constant communication with us, visited the property on numerous occasions to keep us on track with the staging, repairs and photos. Her photographer visualizes your home to the public in dramatic fashion. And in conclusion Jill Wente the extra mile in securing an agent where we relocated to who found us an exceptional retirement home of our dreams. Your decision to chose Jill Wente will be the most intelligent chose you can make regarding one of the biggest decisions you will in your lifetime! read less