Benefits of Buying New Construction in Atlanta

Buying New Construction in Atlanta

When you’re ready to buy a home, you have basically just two choices: resale or new construction. For must of us, the knee-jerk reaction is to opt for the resale home because we think it will be cheaper. Maybe it will be – but, then again, maybe it will cost more in the long run. Sometimes, then, it’s a tough decision, but a good mortgage broker can help you make the right choice for you.

And if you’re already leaning toward new, keep in mind that a builder’s rep is working for the builder, but your mortgage broker is working for you, helping you get the best deal. But before getting into that, let’s look at the benefits of buying new construction in Atlanta.

1. Customization Possibilities

Buying new construction in Atlanta, unlike buying an older resale home, offers you some customization possibilities if the home is still in the construction stage. You can decide where the bathrooms will go and the kind of flooring you’ll get. Basically, you’ll have more flexibility and will be able to have some input into the final product – rather than just having to accept what is already there.

2. Energy Efficiency

With respect to energy efficiency, building codes have grown progressively more stringent over the last few years. You can be pretty certain, then, that buying new construction will save you a significant amount of money on utility bills.

In fact, new construction that conforms to the most recent International Energy Conservation Code is 17% more energy-efficient than homes built before the latest code. These new homes are more tightly sealed, they have energy-efficient doors and windows, and they usually have energy-efficient “green” appliances.

3. Far Fewer Repairs

Buying new construction in Atlanta also means that you won’t have to sink a bunch of money into repairs – as is often the case with resale homes even after inspections. Everything is new so you won’t have to make major plumbing repairs or replace the roof or HVAC unit, and you won’t have to worry about painting for several years.

Just be aware that builders do sometimes cut corners, but your mortgage broker can be a big help here. To find out more just call [404-238-7888].

4. Less Need for Maintenance

Similarly, new homes, because they are brand new, will need less maintenance. Wiring and plumbing, trim and siding, appliances and fixtures – they are all newly run, hung, and installed.

So, barring manufacturers defects, these shouldn’t need any repairs or painting or looking after for a good long while. Buying new construction means that you can simply enjoy your new home for several years without any maintenance hassles.

5. Warranty Peace of Mind

New construction homes often come with at least a year’s builder’s warranty covering the entire home. So if anything major goes wrong during the warranty period, the builder will have to take care of it. Also, an extended but limited warranty is often available as well.

But do make sure you have your mortgage broker check into this so that you’ll know exactly what the warranty covers. You don’t want any surprises here after the fact.

6. Better Financing Options

Better financing terms may be available through builder financing. Larger builders often have their own mortgage companies and can finance the purchase. They may even pay closing costs. Their primary business, after all, is building and selling homes, not financing them.

How a Mortgage Broker Can Help When Buying New Construction in Atlanta

So there are some significant benefits to buying new construction in Atlanta. The trick to realizing all these benefits, though, is having a qualified mortgage broker in your corner.

Your mortgage professional will be working to secure the best deal for you, and there won’t be any hidden fees related to your mortgage. You will know exactly how much you’re paying and what you’re paying for.

Are you ready to buy a Atlanta house? We can help! Send us a message or give us a call today!