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New Home Developments in Phoenix | First Time Buyer Tips


If you are a first time home buyer looking at new home developments in Phoenix, there is plenty of helpful advice that can make the process easier and less stressful. Our top tips are:

 

Working With a Real Estate Agent

 

A good real estate agent can compile your criteria and budget and narrow down your search to save you time. Plus, they are able to answer any questions that you may have along the way and refer you to other reputable industry professionals such as lawyers, lenders, and contractors.

 

Purchase What You Can Afford

 

When looking at new home developments in Phoenix, mentally prepare yourself to take on a mortgage, property taxes and potential maintenance fees. Once you have settled on a budget, get as much space as you can in the Elliot development of your choosing as you will most likely be there for the long run. When you purchase a new home, plan on living there for at least five years.

 

Decide What Is Important

 

Determine what your main priorities are such as space or residential community amenities. Often, if you don’t mind a longer commute, more spacious options are available in new developments that are outside the downtown core.

 

Buy From a New Builder

 

In the real estate resale market, often listing prices have become arbitrary and bidding wars have made some markets so competitive that homes are selling for way above their value. When you purchase directly from a builder, there are no bidding wars plus there are no renovations or upgrades that need to be done once you move in. Features and finishes get to be customized to exactly what you are looking for.

 

If you have any other questions about being a first-time homeowner or would like more information on Elliott homes, contact a member of our team today.

 

 

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New Home Developments in Phoenix | First Time Buyer Tips

 

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If you are a first time homebuyer, make sure you read our tips for looking at new home developments in Phoenix to be properly prepared.