10 Money-Saving Secrets Every New Home Buyer Should Know

Bakersfield Home Buyers: Save Big on Your New Home Purchase

Buying a new home is an exciting journey, but it can also be a costly one if you’re not prepared. While many homebuyers opt for resales, one in four purchases a newly built home. Which is better—new or existing? That depends on your needs.

Existing homes are often more affordable, nestled in established neighborhoods, and surrounded by mature landscaping. Meanwhile, new homes boast modern designs, greater energy efficiency, and customization options.

No matter what you choose, knowing how to save money on your purchase is key. A newly released insider report, “New Homes – 10 Tips to Save You Time and Money,” shares must-know strategies to maximize savings when buying a brand-new home. Below, we’ll uncover some of these game-changing tips!

1. Get Pre-Approved for a Mortgage

Before visiting any model homes, secure pre-approval from a lender. This gives you a clear budget and negotiating power when discussing incentives with builders.

2. Research Builder Incentives

Many builders offer special promotions, including discounted upgrades, appliance packages, or closing cost assistance. Always ask about available incentives to cut down on expenses.

3. Compare Builder Warranties

Not all warranties are created equal. Review what is covered in the homebuilder’s warranty and ensure you’re getting the best protection for your investment.

4. Don’t Skip the Home Inspection

Even new homes can have defects. Hiring an independent home inspector helps you spot potential issues before closing, saving you from costly repairs down the line.

5. Negotiate the Price and Upgrades

Builders may not budge much on base prices, but they often have flexibility with upgrades. Negotiate for premium features or free additions like better flooring, appliances, or landscaping.

6. Consider Off-Season Purchases

Builders are more motivated to sell inventory homes at the end of the fiscal quarter or year. Buying during these times can lead to significant discounts.

7. Review HOA Fees and Community Costs

Many new home communities have HOA fees, special tax assessments, or maintenance costs. Understanding these expenses upfront prevents surprises later.

8. Research the Neighborhood

Even if the home is brand new, the surrounding area matters. Look into schools, commute times, nearby amenities, and future development plans.

9. Understand Your Loan Options

Builder-preferred lenders may not always offer the best deal. Shop around for mortgage options to secure the lowest interest rate and best terms.

10. Read the Fine Print

Builder contracts differ from standard home purchase agreements. Have a real estate expert review the terms to ensure you’re getting a fair deal.

Get Your Free Report Now!

If you're considering buying a new home, don’t make a move without reading “New Homes – 10 Tips to Save You Time and Money.” This exclusive guide reveals insider strategies most builders won’t tell you.

?? Order Your FREE Special Report Today: Visit www.TheNorrisGroupInc.com or call 1-888-601-3117 and enter 1010 for a brief recorded message on how to claim your copy.

Buying a new home is a major investment—make sure you’re making the smartest financial decision possible