6 New Construction Lies: NEVER Buy Without Knowing This!

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6 New Construction Lies: NEVER Buy Without Knowing This!

Рет қаралды 10,426

Күн бұрын

There are six shocking truths you NEED to know about buying new construction homes! Don't risk being taken advantage of - watch this must-see video to reveal the six new construction lies you never knew existed. Get the inside scoop on the surprising information that could save you thousands and protect you from making a major mistake. Don't buy without knowing this!
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Пікірлер: 46

@sammo6950 Жыл бұрын

Great information Wendy as usual. Me and my wife are considering Bloomfield Homes. We couldn't have gotten a better realtor than you to help us on our journey 😊🎉❤.

@WendyPannell Жыл бұрын

Hearing that makes my day 💯!!! 🤩 There’s so much to love about Bloomfield. We’ve been so impressed with their sales consultants even across multiple communities. They’re all well-trained and they have such excellent disclosures.

@bernardofernandezgarcia 6 ай бұрын

Such a great video! Very informative! Thank you so much for sharing these lies! I truly appreciate it!

@WendyPannell 6 ай бұрын

I’m so glad it was helpful!

@Khadcabo 7 ай бұрын

This is the best video about new constructions, thank you so much!

@WendyPannell 7 ай бұрын

Thank you! I hope it was helpful!

@sureshchandanam1923 Жыл бұрын

Great details, thank you for this video

@WendyPannell Жыл бұрын

Anytime! So glad it was helpful!

@asrr62 Ай бұрын

Just dont expect a quality floor plan from kb homes. Make sure your house is humaine. Atleast have soft carpet and smooth hard flooring.

@WendyPannell Ай бұрын

Great insight! Thanks for the tip!

@normanphillips2533 11 ай бұрын

Hi Wendy my wife and just love to watch your presentations we’re planning to sell and relocate to DFW areas we will be in touch with you soon.Norman and Joy.

@WendyPannell 11 ай бұрын

Hi Norman, I’m so glad to hear it! I’d love to meet you and Joy!

@joeydego2 6 ай бұрын

One thing about these standard contracts is you’ll find nothing governs the purchase outside of the contract be it written, verbal or anything else. They can promise you the moon in text or an email but it’s worthless if it isn’t in the contract and be sure, it won’t be.

@WendyPannell 6 ай бұрын

That is absolutely correct! Nothing the sales consultant tells you is enforceable. You have to spend hours reading over those contracts, especially with a new build.

@joeydego2 6 ай бұрын

@@WendyPannell Exactly. If you want a new build, it is their way or the highway. They will not change anything at all in the contract. Theyll tell you buy from someone else. They aren’t hungry to sell houses, in my experience. Nothing absolutely terrible in the contract that I’ve found, but still nothing that really protects the buyer much, either.

@manchesterunitedakamrtread8317 Жыл бұрын

Love the she explain in plain English without all the shenanigans

@WendyPannell Жыл бұрын

Thank you so much! I’m a straight talking kind of KZfaqr!

@lucyhallinan 24 күн бұрын

Im a landlord with a lawyer approved legal rental contract that says .... Renter or Landlord can END rental contract anytime. With a problem renter i decide to END my rental contract with my renter .. After COVID and the courts Just clause .... This message to people says contracts words are meaningless

@WendyPannell 24 күн бұрын

Interesting! It’s like the convenience clause in leases.

@kukuna2012 Жыл бұрын

love your vedios! very informative

@WendyPannell Жыл бұрын

Thank you! I’m so glad they’re helpful!

@tiffanypeng-lo4045 6 ай бұрын

Great video! My husband and I are considering Perry Hones in Celina. Are they good builders?

@WendyPannell 6 ай бұрын

Thanks! All of our buyers who have chosen Perry have been happy with their homes. 👏🏻👏🏻There are two things to be especially mindful of: the first is the nonrefundability aspect of their deposits. It is severe. The second is what is standard and what is not. Perry builds an upper level home, typically 700k+ and yet CARPET is standard in the downstairs living area. To me that is ridiculous. A buyer shouldn’t have to upgrade in order to not have living room carpet in a 700k home.

@tiffanypeng-lo4045 6 ай бұрын

@@WendyPannell I appreciate your reply, Wendy! I heard you mention the Mosaic Community in Celina. It is one of the communities that my husband and I are looking at. We also like The Parks at Wilson Creek. Which is a better community? (one that is worth every penny. lol!)

@khurramshahzad-mr7sn Жыл бұрын

Hi there, what about new construction homes by Landon homes Frisco?

@WendyPannell Жыл бұрын

They're beautiful! Though I like the ones on larger lots much better than the ones on the teeny tiny lots!

@nursete 8 ай бұрын

Do you have any insight about affordable new home communities for a single parent with good schools, especially STEM focused.

@WendyPannell 8 ай бұрын

You’ve made a good point - it can be tough to find A rated schools in an affordable price range. It shouldn’t be and yet here we are. 😑 It depends on what you mean by affordable and what age of homes you are considering. The Hurst Euless Bedford area has some nicely rated schools if you don’t mind older homes.

@nursete 8 ай бұрын

@@WendyPannell thank you so much for replying. Affordable for me would be like 4brm and study or 5bdrn for 400k or less.

@WendyPannell 8 ай бұрын

@@nursete Communities that come to mind are in Rockwall ISD. It has highly rated schools and homes in that price range. I would especially look in Fate in the Rockwall ISD side (the west side). Hope that helps!

@nursete 8 ай бұрын

@@WendyPannellthank you so much. I will research Fate. I love your channel. It is extremely informative. We thank you for the time and patience you put into bringing us this valuable content.

@jbs2763 5 ай бұрын

Doesn’t a VA loan require seller to pay closing costs?

@WendyPannell 5 ай бұрын

Good question! There are limitations on va closing costs but that doesn’t mean sellers have to pay all of a buyer’s costs.

@user-no4nr4fq3l Жыл бұрын

I went with highland homes, hopefully none of these lies were present 😢

@WendyPannell Жыл бұрын

Highland homes are beautiful! One trend we’ve seen with Highland is they up-price their homes then do massive discounts. You walk in the door and they offer a 60k discount which sounds amazing but actually isn’t because the inventory home has carpet in the living room 😳 They have a great variety of floorplans and selection which is awesome! With Highland you can’t let a price reduction create fomo until you know if it’s really a price reduction. You’re only going to know that based on past sales data that you get from a Realtor or from ordering an independent appraisal.

@user-no4nr4fq3l Жыл бұрын

@@WendyPannell thanks for the info and your videos. I walked in for the new build process and they offered 24k in design incentives( basically making lvp standard across major house areas except bedrooms, gourmet kitchen I think call kitchen 3, extended out door, drop in tub, front door upgrade 8’, open railing for stairs and farm sink) , and then 15k off house price, and lastly 15k for 2-1 buy down. So we are basically headed into design center still at base price of home. Do you think this is a good deal?

@WendyPannell Жыл бұрын

@@user-no4nr4fq3l It's hard to say without seeing past sales but it certainly sounds like a great deal!

@brandonr2147 Жыл бұрын

What’s your experience with First Texas new construction with their new construction contracts?

@WendyPannell Жыл бұрын

Every new construction builder we work with we highlight their contracts and save them to review with future buyers. We haven't gotten to First Texas yet!

@eduardomoreno7106 Жыл бұрын

Do you work in the Lewisville area?

@WendyPannell Жыл бұрын

Hi Eduardo, absolutely. We’ve helped several buyers get settled there. People appreciate the lower property taxes you’ll have in Lewisville plus it has plenty of affordable options. You won’t find much in the way of new construction there. Great access to the lake! 🤩🚤

@kannithrana2874 Жыл бұрын

How can I contact you

@WendyPannell Жыл бұрын

Hi Kannith! Filling out our Let's Find Home Questionnaire is where to start, then we schedule a call from there! Here is that link: www.myontrackrealty.com/youtube I'm looking forward to hearing from you!