Incredible New Build Home Deals: Get the Best Incentives and Prices

As the housing market shifts, builder sales have slowed down, showing a 7.6% decline year-over-year. This trend means builders are offering more deals and incentives to attract buyers. If you're in the market for a new build home, now is an excellent time to take advantage of these opportunities. Working with a knowledgeable agent and lender can provide you with the best deals and ensure you're making a smart investment.

Why Use a Good Agent and Lender?

One of the most common questions I receive is about the best builder deals and how to get incentives. The short answer is that working directly with builders through a good agent and lender can give you access to exclusive deals and valuable information. Builders often send us emails with their latest offers and incentives, many of which are not listed on the MLS. This insider information allows us to find the best deals for our clients.

Current Builder Incentives

Perry Homes in Crosswinds, Kyle

• Original Price: $413,000
• New Price: $382,000
• Incentives: Use their preferred lender for additional savings.

MI Homes

• Interest Rate: 3.875% (with a 6.1% APR)
• Buy Down Program: First year at 3.875%, second year at 4.875%, and third year at 5.875%.

GFO Homes

• Incentives: $50,000 towards upgrades and a 5.5% interest rate for quick move-ins.
• Deal Validity: Until July 31st.

Lennar Homes

• Incentives: 6% real estate agent commission, 4.25% fixed rate (5.56% APR), up to $10,000 towards closing costs, and up to $30,000 in price reductions.
• Extras: Refrigerator, washer, dryer, and window blind packages included.

Taylor Morrison

• Interest Rate: 4.99%
• Incentives: Up to $25,000 towards closing costs and an additional $75,000 on quick move-ins.

Highland Homes

• Incentives: $20,000 to lower payment, prices dropped in several neighborhoods.

When looking at builder deals, it's essential to read the fine print. For instance, some deals may advertise a low interest rate but include high APR fees, making the overall cost higher. Additionally, property taxes and insurance can significantly impact your monthly payments, so it's crucial to consider these factors.

Working with a good lender, like Sarah Morris, can help you evaluate these deals and determine if they are truly beneficial. Sometimes, a lender can offer better incentives than the builder's preferred lender, ensuring you get the best possible deal.

Builder deals can offer substantial savings, but it's vital to navigate these offers carefully. With the right agent and lender, you can secure the best incentives and make a smart investment in your new home.