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James Potenza,ABR Relocation Director Broker ph: 800-301-9122
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LEAGUE CITY REAL ESTATE COMPANY NEW HOMES Don't buy a new home without an Exclusive Buyer's Agent ! (and experienced new home buyer consultant and negotiation expert)
As a League City Real Estate Company, our services to clients purchasing new-construction homes is more extensive than any other real estate company in the Houston area. The reason for that is we approach the purchase of every property as if we are purchasing it for ourselves or for a family member so that we perform more activities we would do for ourselves than we have found other agents willing to do who are “selling” real estate whether they call themselves buyer’s agents or not. This article summarizes our services. Because each situation will be unique, this serves as a general overview of the services we provide.
"When we had to be out of town to close out our old home, James kept on top of everything to ensure the process continued smoothly in our absence. Anything we needed, James took care of it. We are pleased to be able to recommend his services to any other clients but especially to those relocating to the area."- The Mancinis League City Texas Subdivision AnalysisWhether a client is purchasing a new-construction home, a home in a new subdivision, or a re-sale property in an older subdivision, we analyze the investment aspects of that subdivision. We want to answer the question of whether the new-construction home purchase price is a good value in relation to the same investment in another subdivision.
That analysis involves comparing prices, location, and the quality of builders among several competing subdivisions. It also involves analyzing tax rates for utilities and MUD taxes, if any. If the area is not incorporated into a city then we also look at whether the subdivision is within an extra-jurisdictional area that is likely to be annexed.
Subdivisions have a “life-cycle”. Investing in a new development during “pre-construction” pricing can sometimes be an excellent investment decision depending upon whether the client will stay in the house until construction is completed. There are also sometimes excellent investment opportunities when a builder “closes out” their construction in a subdivision or changes models within the subdivision. More detail is provided in a separate article that discusses the “life-cycle” of a subdivision. The point is that we assist a client in reviewing the factors we would consider in purchasing a new home.
"During the negotiation phase, he obtained a fantastic price for us as well as additional amenities. During the inspection phase, he helped work through all of the issues which were identified." - The Walkers
Builder Analysis
Different builders have different reputations that either add value to the home when it is re-sold or detract from its value. We share our experience and the experience of our clients with different builders. We share our experience with analyzing how a home is constructed in terms of the quality of materials, what materials and features are standard in the construction and what are options, depending upon the builder. As your League City Real Estate Company, we "grade" each home builder in the area and relay our results on to you.
"James' knowledge of the area and the builders made the whole process much easier." - The Fishers League City Texas
Inventory Homes
Home builders will build homes and then sell them. They build several homes and target people that do not have the time to wait for one to be built. These are commonly called inventory homes. Since they build the home before it is sold, it is a major investment for the homebuilder, and somewhat of a risk. This is a huge advantage for you, the home buyer. Builders usually include many upgrades in their inventory homes that would normally cost more if you were to have a home built from the ground up. The drawback is, what you see is what you get. However, sometimes you can pick out your appliances and carpet, depending on the stage of the building process. If the home has been completed and has not sold in a few months, the builders will start reducing the price dramatically until it is sold. This is an excellent opportunity to get a good deal on a brand new Pearland home ! We highly recommend getting a third party inspection on any new home.
Neighborhood Analysis
Different neighborhoods have different “values” when it is time to sell your home. That “value” is based in part on who the builders were, how the neighborhood has been maintained, what school district a subdivision feeds into, and the tax rate relative to other competing neighborhoods. We help our clients study those differences. Crime rates and other information is generally available on the internet to our clients and we can show you how to find demographic and crime information that is available.
What “Options and Upgrades” to pickSome builder upgrades and options are significantly overpriced. Some will add value to your home when you re-sell your property. We help you sort out those choices. Be aware that builder upgrades do not increase the "value" of your new home by the amount they charge you. Be very careful when choosing your upgrades. We can help you determine what upgrades give you the best bang for your buck.
Construction Assistance
Unlike many real estate agents who disappear after a contract is signed, we assist our clients during the construction process. Our League City Real Estate Company believes there should be several third-party inspections that protect the interest of the buyer. Depending upon the builder, whether they are building in a county area without any building department inspections or in a city with strong inspection procedures, we tailor the inspections to each client’s situation. I do not know of any other real estate company that pays for inspections on behalf or their clients - but WE do.
"James also showed us things to look for in purchasing a house: A/C, heating units, foundation, roofing, windows, etc. I felt I was getting a pre-home inspection with James. He guided us through each step of the home buying process. I would recommend James to anyone." - Sherman and Suzanna
Inspections
We highly recommend getting a third party non biased inspection during the construction phase. Preferable right after the slab is poured and another before the sheetrock is installed. This way the inspector can see "inside" the walls. A third inspection once the home is completed is not always necessary as most of the reputable home builders will fix anything after your first walkthrough.
Pre-Closing Assistance
At closing (when you sign the papers to purchase the new house) you will be signing a HUD Settlement Statement. That is an important document that summarizes the details of the financial transaction. One of our responsibilities is to review the HUD, discuss it with you, and compare the figures to the preliminary figures provided to you in the form of a “Good Faith Estimate”. Our job is to protect your interest to be sure that there are no surprise fees or charges that were not previously agreed. If you are receiving a rebate, this will be noted as a credit to you on the HUD settlement statement. Please note that we are not attorneys and do not provide legal assistance. Our role is to review each document to be sure your interest is protected.
Closing and After-Closing Assistance
We attend closing with you. If there are issues that come up at the closing we can advise you based upon our real estate experience how we would handle an issue. We also follow-up after closing to insure that you have a resource when questions come up later.
And remember: Buying a new home is like going to a car dealership. They have so many options to choose and you can really get carried away with their "upgrades". $20,000 at the design center won't last long. We will help you decide which upgrades will reap the most benefit to increase your homes value. Exclusive Buyer's Agents never have anything to sell you but their expertise. As an Exclusive Buyer's Agent and Pearland/Friendswood/Clear Lake residential expert, James Potenza will be on your side when you decide to buy a home. James does not spend time selling homes so he can devote all of his time representing his buyer clients. If you are looking for Pearland Real Estate, Friendswood Real Estate, or Real Estate in the Clear Lake area, James has the knowledge and expertise to guide you in the right direction as YOUR Exclusive Buyer's Agent.
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James always had his research done for the houses we wanted to look at and more than once steered us clear of houses that looked great on paper but were in bad neighborhoods, built by problematic builders, etc. I learned more about houses by climbing into attics with James than I had in my previous five years of homeownership!
We highly recommend James to anyone
looking for a house in this area.
Ron & Mitali
James always had his research done for the houses we wanted to look at and more than once steered us clear of houses that looked great on paper but were in bad neighborhoods, built by problematic builders, etc. I learned more about houses by climbing into attics with James than I had in my previous five years of homeownership!
We highly recommend James to anyone
looking for a house in this area.
Ron & Mitali Since we were moving from out-of-state, we greatly appreciated how he made himself completely available to us during the limited time we had for house-hunting. It was evident that he was sincerely interested in finding a home that met our needs, and not just trying to have us buy a house. He was particularly patient and courteous when we needed to step back and reassess what exactly we were looking for in our next home. Once we had made a decision, he was prompt in submitting the offer and professional in guiding us through the closing process. James Potenza was hands-down the best agent we have ever worked with, and I highly recommend him for anyone looking to buy a home in Houston. -The Visschers - Clear Lake Texas
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Representation - Not Sales
11200 Broadway Suite 2743 Pearland, TX. 77584 ph: 832-372-6388 Texas Real Estate Brokerage License # 0536837 Real Estate Companies in Clear Lake Texas Home Contact Us - Home - About Us - Sitemap |
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