Look for the perfect new home? Research all the new homes in the valley just by clicking on the link below. The Ultimate Search For New Homes will let you find out if there are New builder spec homes you want to live in, floor plans and elevations supplied by new builders in great subdivisions and of course a list of options you can have.

Give me a call when you are ready to begin your purchase process. As a Realtor, I can help you to negotiate the contract and alert you to contract specifics that are easy to overlook. As a full time Realtor, I work with many of the new builder sales teams and can help you find the right home.

New Builder and Spec Search

http://www.uis.net/newhomes/index.cfm?aid=AGT20110118_00MH50335662 

Do you wonder how the costs of a new home become the price offered to you? Take a look at this chart, it will help you to understand a typical new home costs according to the National Association of Home Builders.

In Surprise real estate there is still land avialable for building custom homes or we have several subdivision builders who can customize there plans for you. These homes usually have many of the more popular upgrades including tile floors, upgraded cabinets and carpets. Ready to move-in spec homes can be in new Surprise subdivisions are virtually anywhere in the West Valley, so your selection can be quite good. Besides having good locations to choose from there is also a good opportunity to save on costs. Most builders offer these at substantial discounts and usually with 30 day close.

I have access to all the builders in the area and their incentives on a weekly basis. Since they change so often, you will want to focus your efforts to take advantage of these time limited incentives. Call me at 623-606-8861 or email at info@mikehortonrealty.com and I will put together the latest information for you based on your requirements.

Hire Your Own Agent

• Builder's sales agents are paid to represent the builder
• They are paid salary plus commission and work on volume
• Your own agent representive:
  • disclose the positives as well as the negatives
  • help you review contract terms
    • Builder contracts are written to favor the builder
    • Your agent can help you to negotiate better terms
    • Your agent can tell you the current trends in builder incentives to get the maximize value from the builder
  • provide you with alternative lenders
  • provide another set of eyes for inspections
    • Inspections do cost you the buyer but can have big paybacks
    • Construction crews are different, some better than others
    • You get the facts about inspections, not scare tactics some builder reps may give you
    • provide licensed home inspector names 
  • provide list of specialist
    • real estate lawyers
    • yard and insect treatment companies
    • moving companies
  • help determine if options can be financed
    • review overall pricing
    • review monthly PI changes
  • provide a report on area demograhic
• Your agent is paid by the builder he is a buyers agent
  • Not responsbile to the builder, his responsbility is to you the buyer
  • Help you when you need it

In the Surprise and the West Valley of Phoenix in general buying houses have fundamentally changed to meet the changes of the market. Now, industry estimates are showing that 80% of the homes sold are by distressed home owners. That means you as a buyer are dealing with short sales and foreclosed (ie. lender owned) homes. The prices of homes have bottomed out with the exception of far west communities. Surprise, Waddell, Litchfield Park, Goodyear and Avondale has hit bottom. Surpirse was flat from May and June, a slight downward trend in July and back to may June sales price per home in late July.  That why you as a buyer are seeing so much competition for homes in these areas. There a lot of buyers trying to take advantage of incredibly low prices. You may have tried to put offers on homes only to find that you can only be a backup offer to an earlier one or you have been outbid.

It is frustrating but there is a solution. First you have to be on top of what is happening, and that means you need to be prepared to respond quickly to a home that is just on the market or has just been placed back on the market. Looking for homes that are more than 30 days on the market means you will likely just be putting in a backup offer. You need to know as soon as a home becomes available, check it out quickly and be ready to put an offer in at market pricing to have an above average chance of becoming the primary offer.

Now how do you get to the solution. First call me and let me know what you are interested in and I will set you up with an email responder which will alert you on the day a property becomes available. This gives you direct access to all the listings on the MLS. Once you find a house you like, I can setup a time for you to go look at and then help you write an offer that gives you the best chance of becoming the primary buyer. Out of town? I will investigate the property, take additional pictures and then you can decide if you would want to travel to look at the property or if you would want to write the offer right away and then use the inspection period to make your keep or drop decision.

Part of getting your new home for your self or as an investment is writing a smart offer. Short sales and lender owned properties both have the same basic decision to make about an offer, does it meet the bottom line net proceeds? I get offers from investors and people who want to buy a home for themselves that are 20% below market price. That might have worked in 2009, but now lenders are becoming much smarter. They don't need a low ball offer, there are too many buyers willing to pay close to or at market price. Offers must also contain wording that will enable you to hold the primary position even if later buyers offer more. Writing offers using yesterdays thinking simply means you will probably be walking away wondering why your offer was not selected as the primary offer.

There are a lot of changes in buying real estate in the current distressed market we face today. If you are looking at agents to help you buy a distressed home who would not list a distressed home, how are they going to know what is going on in this very fluid market? I face different problems every day with my large inventory, those problems and solutions are used to give my buyers the best opportunity to successfully buy their home. Give me a call at 623-606-8861 or email me with your requirements.