Real Estate Articles & Information

Warner Robins GA Real Estate is currently a Buyer's Market 

What does this mean? 

An over abundance of inventory in New Construction homes for sale in the Warner Robin’s Real Estate market has given buyer's a greater number of homes to choose from throughout Houston County within various price ranges. Home Buyers are also taking a little longer to narrow down their selection before purchasing. Negative news media regarding Real Estate trends is also making homebuyer's more cautious about buying. Some states such as California and Florida have had major Real Estate problems, while Georgia’s housing market remains strong. Between the large inventories of homes for sale in Warner Robins, buyer's being more selective, and negative news media; there is now for the first time in 12 years a buyer's market in Warner Robins Georgia. Interest rates have also recently dropped the lowest they have been in over 5 years, making this a great time to buy a home.

Conclusions 

1. Seller's that price their homes correctly and in-line with their competition are selling quickly, and getting close to their asking price, while overpriced homes rarely receive any offers.

2. New Construction homes for sale in Warner Robins GA - Builders are more flexible on extras and helping with closing costs

3. Resale Homes in Warner Robins GA - Sellers should have a market analysis of their home to determine the best price, have their home looking great, and in good repair before putting the home on the market. They should also be prepared to help with buyer's closing costs.

4. It is even more important to use a qualified Real Estate Professional now, more than ever. Buyer's can use a Warner Robins Realtor to help narrow down their search, and avoid buying an overpriced home, and Seller's will need Realtor marketing skills and resources  to help sell their home.

Easy to follow steps in Building Custom Built Homes

1. Do you have a home you need to sell in order to buy/build?
   1. Get prequalified with a local lender to determine if you must sell in order to build.
      1. Find out how much you qualify for and get a pre-approval letter
   2. Find out how much you current home is worth
      1. Get a Free Market Analysis from a Realtor
      2. Talk to your Realtor about how long it will take to sell your current home – it takes about 3 months to build.
2. Make a list of extras/specialty items you want in your custom home
3. Review some possible floor plans online
   1. www.frankbetz.com
   2. www.dongardner.com
4. Sit down with me and discuss what you want in your home
   1. Meet my builder, discuss size of home, location, amenities, floor plans, and general price ranges of homes and extras.
      1. Make a decision to build, decide on floor plan, size, price, and extras
5. Write a contract to include everything you want in your home.
6. Important items in contract include
   1. Purchase Price
   2. Closing Costs
   3. Closing Date – Average time to build is 3 months
   4. Earnest Money
   5. Inspection
   6. New Construction Exhibit – Shows what builder plans on installing/building with home
   7. Special Stipulations – Clarifies any items that seller or buyer wants added or changed to contract
7. Start picking out items for home right away
   1. Builder’s Wife does a wonderful job at helping buyer’s choose interior and exterior colors, carpet, ceramic tile, flooring, cabinets, countertops, and light fixtures.
8. If you don’t live in the area I can check on the home’s progress and send emails and pictures as the home is being built.
9. Do a final walk-through of the home and ensure everything is correct
10. Day of closing – Go to the closing attorney’s office, sign papers, and get key to home. No payments until after closing.
11. After closing – Builder’s Home Warranty is good for 1 Year