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JOE GIANCARLI
(609) 658-2612
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A Short Guide to
Buying a New Home in New Jersey
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Basic Considerations for Buying a New Home
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1. The greatest appreciation in the life of a house takes place within the first 7 years.
2. Finish the house and landscaping as much as possible in the first few years. Be ready to move, sell, or trade up.
3. Purchase as many upgrades as you can afford initially, or add them as soon as you can - everything from tile to carpet to window treatments.
4. Kitchen and bathroom upgrades will bring the greatest return.
5. For appraisal purposes, most upgrades will get full value, unlike modernizations to an older home. If you make personal choices, like adding a pool, these may not be as desirable. Nicer carpet or ceramic tile or kitchen countertops will always hold value.
6. Study the trends and ask your Realtor (Joe Giancarli) what's in style. High-tech networking, sophisticated security sytems, whole-house entertainment systems will not have wide appeal. Add them if you need them, but not for resale.
7. Remember, you can establish the value to some degree by your choices.
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How Can You Protect Yourself when Buying New Construction?
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One of the biggest challenges you will face is learning about how a home is built.
Framing, electrical, foundation, plumbing, heating - these are all things we take for granted in our daily lives.
Understanding how they work will help you make an educated choice between repairing an older home or buying new.
Use the guidance and resources of a Realtor who understands construction and knows the local builders.
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Which Areas are the Best for New Jersey New Home Construction?
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Homebuilders choose the up-and-coming areas, the developing communities.
Common today are master-planned developments which include several builders, open space, trails, security, recreational amenities, and an association fee.
If having these close by in a protected environment appeals to you, those same features will be attractive to others when you sell.
Check into assessments for roads, sewers, and all utilities.
The developer often will pass on the costs of infrastructure to the new homeowners.
The addition of new property taxes, the demands of new residents, the energy created
can have a tremendously positive affect on home values in any given area.
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Why You Should Contact Joe Giancarli for a New Home
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As you try to decide between purchasing a new home in New Jersey
or looking at resales, try to think through the points presented here.
Joe Giancarli has the experience and expertise in the Mercer County building trades and real estate market, and the knowledge of local builders and how to get the best incentives in today's market.
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