Are you a prospective homebuyer in Atlanta, eager to uncover the prime opportunities in the current market? Look no further – we have the inside scoop on a game-changing strategy that could significantly benefit you. In this blog, we'll explore the thriving realm of new construction and how savvy buyers are capitalizing on it to secure substantial concessions from builders.

The Power of New Construction:

In today's competitive real estate market, new construction has emerged as the go-to avenue for buyers seeking noteworthy advantages.

1) Negotiating Concessions:

One of the key advantages is the ability to negotiate significant concessions from builders. We just negotiated a contract for clients where we secured an astounding $25,283 in closing costs!!

2) Strategic Interest Rate Negotiations:

Home builders are buying down rates for our clients, too! We just negotiated an interest rate of 4.875% interest rate for the same client closing in December! And, this was secured with a VA loan!

3) Price Reductions for Added Savings:

In addition to closing costs and interest rates, we also negotiated a $10,000 reduction in the sales price. This brings the total concessions from the builder to an impressive $35,000, demonstrating the power of skillful negotiation in the new construction sector!

Unlocking Increased Purchasing Ability:

Through these cumulative negotiations, our buyers gained approximately $70,000 in purchasing power, providing them with a brand new home just before the holiday season!

Strategic Timing for Tax Benefits:

By closing on their new home prior to December 31, it also enables our clients to qualify for a Homestead Exemption for 2024 tax savings.

As the Atlanta real estate market continues to evolve, it's crucial for buyers to explore innovative strategies to maximize their benefits. New construction stands out as a lucrative avenue, offering not only the appeal of a brand-new home but also the potential for substantial concessions and financial advantages. If you're navigating this dynamic market and have questions, please reach out for a free 15 minute conversation with a member of our team! We're here to help you make the most informed decisions and secure your dream home with confidence.