Nick Jenkins Real Estate Blog!

May 10, 2016

7 tips for New Construction

 

Purchasing a newly built home gives the buyer a great opportunity to customize their home and be the first person to live in their home. However the process of purchasing a new construction can be a little bit different, your buying from a builder with an inventory of similar homes to keep in mind and a profit margin to keep intact. Here are some of the things that you should consider when you're looking at new construction in King and Snohomish County.

 

1. Don't negotiate price

Often times builders have a neighborhood full of homes that are all similar or sometime the same. That means when they reduce the price on one of their homes that becomes the best comparison for another of their homes, the result: all of their homes lose value. That is why builders are reluctant or down right unwilling to drop the price of a home. the best way to get a deal on a new construction is to ask for concessions in the form of a "buyer bonus", closing costs or upgrades like granite, stainless steel, or fences.

2. Find out about registration

Most builders have some sort of buyer registration that needs to be done. Ask your Real Estate Agent how the registration works. A lot of builders require your agent to be present for the first showing or sometimes all of them so be sure that you follow these guidelines.

3. Read the contract

When you're purchasing a new construction home you will usually need to use a builder specific form that will include items that are not standard forms. You should always read through the builders forms and make sure you understand your obligations. For example in most cases upgrades are non refundable, that means if your loan fall through and you can't buy the home you're not getting that money back for the granite counters. Additionally there are other terms to be aware of, in some cases there will be a charge for each day past the closing date that you are unable to close and time lines that set when you need to make color and finish selections by. If you read the contract and you work with a good Real Estate Professional you should be able to avoid having unforeseen issues.

 4. Find out what could slow down the process

The home is not complete yet and although the builder should have a planned completion date it may not be set in stone. Usually there are exceptions that allow the builder to extend the closing date for weather conditions or permits that might prevent them from completing the house on time. In the greater Seattle area something as simple as rain could prevent exterior painting for some time.

5. Know what you're buying

You may go into the model home and see that it looks great but that may not be the finish you get when all is said and done. Often times model homes have upgrades included in them that you may not get without paying extra. Find out what is included as a standard and what will cost you more.

6. Choose the right funding

Do some shopping around to find out who the right lender might be, it's always important to work with someone who can communicate well and close on time. On new construction in particular there may be special rebates or deals for working with the builders preferred lender so find out and compare the options that are available to you.

7. Tour the finished home

Once the home is finished try and set up an appointment to walk through the home with one of the builders representatives or with your Real Estate Agent and make sure that all of the finishes are done well. This will allow you to have everything taken care of before you move in.

As always, it is important to work with a Real Estate Agent whom you trust and has your best interest in mind.

May 5, 2016

Beautiful Silver Lake Rambler

Silver Lake Rambler for Sale Everett

Beautiful Silver Lake Rambler

First time on the market in nearly 3 decades! this home is sure to impress, with a nearly quarter acre landscaped and fenced yard. The Home is located on a small cul-de-sac Extensive mature perennial beds greet visitors with a mass of blooms. The patio is a perfect place to spend the summer having whether having a barbecue, doing some yard work or gardening. The front door opens to a living room with a large window that allows plenty of natural light and views of the front yard. 

This Custom built rambler is close to Silver Lake and Mill Creek shopping and parks with easy access to freeway and park n ride. The 3 bed 1.5 Bath house is located in one of the best neighborhoods in Everett and offers a great opportunity for any home buyer.

Price: $319,950                                         Address: 2406 97th Place SE, Everett 98208

Beds: 3                                                      Lot Size: .24 Acres

Baths: 1.5                                                  Year Built: 1967

SQ FT: 1404                                               

Join Me Saturday May 7th Between 10 AM and Noon!

I will be holding this home open and I look forward to seeing you there. If you can't make it but would like to see it another time please give me a call to schedule an appointment or call your Real Estate Broker.

If you would like more information about this property please give me a call at (425)877-8415

Posted in For Sale Everett
April 18, 2016

What makes Bothell Such a Great Place to Live

No seriously, what makes Bothell so great?  This was the question going through my mind last night as I cruised down the Burke Gilman Trail. The wind rushing through my hair and the sound of water rolling in has a way of setting my mind at ease. As great as it was, this is just a single piece of what I have come to love about this town. The nature, accessibility, some of the best schools in the state, and the local businesses and events are what make this place feel like home.

Burke Gilman Bothell Real Estate

Lets take a step back for a minute. the Burke Gilman was where I started this, and  I'd like to continue there for a minute. Being outdoors is one of the things that defines Washington state as a whole and Bothell is no exception. I think nature is a huge part of us and I'm not just talking about the trail, Blythe park is another favorite. It's just outside of the downtown area and it has a great beginner disc golf course, picnic areas, playground equipment, river walking paths, and hiking trails. The opportunities to get out and enjoy the outdoors don't end there either, they're all over and just a few minutes away.

We're right in the middle of it all. It doesn't matter if you're commuting to Everett, the East Side, or Seattle, because we're right in the middle. This makes for an ideal location for a family where members work in different locations. We're just a few minutes from I-405 and a few more minutes from I-5 so it's no problem to get where you need to go (Unless its 5 O'clock). I've worked in both Everett and Redmond from here and have had manageable commutes in both cases.

The best schools in the State. Not only is North Shore School District renowned for having some of the better schools Washington has to offer, this continues beyond high school. At the College level students can find affordable education that is great at Cascadia, or go to University of Washington's UW Bothell which shares a campus with Cascadia. These are both awesome options that have become more popular recently.

The first time I went to Pop Keeney was when I was still in high school. I still remember pushing through the crowd, the sounds that ensued when our team scored a touch down, I remember the song the band played, and the hand warmers I would pay for to keep my fingers from falling off. Pop Keeney is where I fell in love with football and it's where I fell in love with Bothell. Spend a Friday a night at one of these games and you'll understand why, this place is full of great people and our local events reflect that. The businesses reflect that too, from an early cup of coffee at Alexa's Cafe to a Slice of Pizza with the high school jazz band at Uncle Peteza's.

What do you think makes our town great? I've told you about the nature that's right next door, the education, the location, and the great community. These are the things that make my home, what about you?

Something you want to add? leave a comment below! 

Posted in Living in Bothell