Realtor's Advice on Buying New Construction Homes 🏠 | MELANIE ❤️ TAMPA BAY

[@MelanieLovesTampaBay]

I hope this information helps all of you out there thinking about buying a new construction home. Give me a call if you're in the Tampa Bay area, and I'd love to help you! Feel free to leave any questions or comments here.

[@TonyaBrewton]

Melanie Loves Tampa Bay oh yes! This is soooo helpful. I just found you and I’m glad I did. I will definitely listen to more of your videos. Thank you!!!

[@preciselyavri7944]

i need help/Advice

[@KeishaRodriguezKeiKonnects3]

This was EXTREMELY helpful. I am currently viewing new models in Tampa and as a first time home buyer I am a bit overwhelmed. After much research I came across your video and found all of your points to be very informative. I would much prefer to work with you or someone with similar experience.

[@gigir3955]

Melanie Loves Tampa Bay I’m in Massachusetts and am looking to move to Tampa what should I do first I like the model home and don’t know where to start first and don’t know where would it be good to live in Tampa we’re a family of 6

[@rafaelortiz4166]

Really good video

[@Rkg1205]

FINALLY!!!! A video that explains in detail the actual process on new build homes! Thank you sooooo much for this 🙏🏽❤️

[@MelanieLovesTampaBay]

GI GI7! Thank you so much! I really hope it helps you. My goal is always to provide quality information for anyone watching my channel!

[@Eyerusalem_]

GI GI7! Yes she is fantastic.

[@somebodyonhere]

I would never buy in a HOA community and these new constructions always are but I like watching any realtor videos 🙂

[@aurorablast1]

Just signed contract for a new home. My realtor was extremely helpful and informative during the process. Very glad I had him.

[@kokesjohn]

WOW!!! You have absolutely the very best real estate KZbin video I have seen in quite a while. You are honest, sincere, experienced, professional and the whole entire 11:45 was POWER PACKED not to be missed by ANYONE interested in new home construction!!! YES!!! My favorite part about your presentation was your attention to detail in your dress, make up, background, quality of audio, video quality, and just the right amount of inserted slides. I think Google should give you a special KZbin Award for "JOB WELL DONE" because you are that good!!!! Your 48,000 views and 1,400 likes speak for themselves !!! My humble suggestion is that you should consider being a trainer on KZbin videos. Thank you for your wonderful and amazingly informative new construction video Melanie 🙏

[@MelanieLovesTampaBay]

Thanks John! My producer and I put a lot of work into each video...thank you for noticing ❤️

[@sharnetteraye-brown9523]

This was a VERY informative and detailed video. Thank you!

[@MelanieLovesTampaBay]

Sharnette Raye-Brown My pleasure! Glad you liked it 😊

[@franduras09]

Couldn't have found this video at a more perfect time! Thank you for the tips! Glad I found someone that is local, I am from Lakeland!

[@sankyr7957]

I am running in trouble because of this we picked a lot and now the won't release it to us. So dissaponted but put in down payment not sure if we gonna lose it now.

[@javierv.5242]

How's Lakeland? Any advice for someone from Los Angeles, California?

[@juliaquinones2117]

I was looking for an investment property in Tampa Fl and watching some videos on KZbin I saw the Melanie Love Tampa Bay. I sent her a text explaining what I was looking for and my price range. Melanie was so efficient and at the end of the day she emailed me around 80 properties available in the area that I was interested in. The next day she sent me a video of the house I was interested in. In four days I signed the contract and in three weeks I did the closing of the property. Melanie is very nice and friendly, she went out of her way to help me with the paperwork and finding a manager for the new property. If anybody is interested to buy or rent in Tampa Fl, I highly recommend Melanie. Thank you, Julia,

[@jamescalifornia2964]

I hope the property went up in value 👍

[@r.pinheiro549]

Brilliant! Just bought a new home and this is 100% spot on! I got a steal for mine with only 13K extra on a premium lot!!!

[@JohnWilliamDomingo]

Super helpful insight about closing costs and credits, thank you!

[@EastCoastReefer]

Very clear and concise advices. Thank you 🙏

[@edwollen160]

Great Video Melanie, I'm in the process of buying an inventory home and this was extremely informative!

[@mtebor]

some good advice. The house we are building in Clermont had a builder that did something different. Their first model home had what is standard and the second showed all the upgrade. Our realtor kept reminding us when we were in other model homes, what would be considered an option and cost more

[@pamelarachil3730]

Hey Melanie, love your videos! One of the things I wish you would have touched on in the video is the fact that the buyer doesn't have to pay the Realtor a commission to work with them on the purchase of a new build. And secondly, WHY a buyer should always work with a Realtor in any purchase transaction, including a new build...because the buyer's Realtor is looking out for the best interested of the BUYER. The builder's agent is ultimately looking out for the best interest of the BUILDER (because that's who writes their paycheck!) So many buyers will just work with the builder's agent and don't think it's necessary to have their own agent. In fact, my own brother was told that he didn't need to have his own agent because he only needed to work with the builder's agent. So, they will never encourage working with a buyer's agent to the buyer. Keep up the good work! Hope to meet you one of these day (I'm in Clearwater) Pamela Rachil, Nexa Mortgage NMLS#1873388 727-314-2726

[@crazylicious85]

Pamela Rachil she did talk about most of this

[@traveledapp7916]

It's all about good management, great video

[@patrickmorrison6253]

great advice all the way . if i rent ,sell or buy a house i used a real estate i live in new york if everyone see that they will never get burned

[@evamurillo4817]

Very valuable information. Thank you.

[@efraincorpus8777]

Efrain LOVES Melanie....liked and subscribed!

[@angelaedwards5349]

I enjoyed your video. Can you explain the benefits of having your own realtor for a new construction? I dont see how that would save me money. Would your comission be added to the home price or closing costs?

[@nesheiwg]

NY loves Melanie.

[@silverhippie3910]

Great Video!!!! Thank You✌️✌️✌️

[@NEWHOMESALES]

Thanks for highlighting the benefits of new homes! Keep up the good work Melanie!

[@slugerknot]

We are currently looking to buy new in the Pensacola/Panama City area and this was very helpful. Thanks!

[@jadan2000]

Really love your videos. They really helped us and we just went into contract in Tampa.

[@samanthabagdasarian9951]

VERY well-done and informative!

[@pink408209]

very helpful information. For clarification when does a buyer begin to pay the mortgage on the house? When the construction begins or when it ends?

[@MelanieLovesTampaBay]

pink408209 Hi! Great question...Two different possibilities! If you are buying from a large builder most likely you will do an “end loan.” That is a loan that closes at the end of construction. You don’t pay anything during construction. Some builders will require construction loans to build your house. That means you will be paying the interest only portion of your loan during construction and then it rolls into a normal loan once the construction is finished. I have a video with a construction loan lender that gives good info on those. Construction loans in Florida tend to be more prevalent on custom homes or more expensive new homes. Hope this helps! Good luck!

[@amycasanova724]

Very good and informative video. Easy to understand and broke down each point nicely.

[@terryjames1120tj]

Amazing job! I really appreciate the in-depth information very helpful. I will be getting the dry wall inspection on my house once at that stage.

[@johnroybal9855]

ALTHOUGH , MELANIE, A GREAT PRESENTATION, BUT, STILL AS YOU SAY BE SURE TO DO YOUR DUE DILIGENCE.

[@joshuafequiere7962]

This is was a great information. Thank you very much!!

[@claymurillo5362]

Stupendous advice and video Melanie

[@Loissupes]

You did a really nice job on this video.

[@MacYYur4me]

First, how does one find a realtor w/ new construction experience in another state? Second, how to I best utilize this Realtor? What exactly is the Realtor doing through these stages?

[@tulipthorn]

Very helpful, thank you for sharing.

[@jasonsantelli6588]

this video is awesome, you should re-do a new one for 2021/22.

[@andeeamor6425]

You did a fabulous job! Thank you

[@michellemurrell2305]

That was very informative. Thanks for sharing!

[@sosoutherncustomequestrian4598]

Such great information. Thank you so much!

[@frankokonkwo3662]

Very useful. Love it

[@nicolewesley5906]

Thanks for the info I needed this info.😁

[@joseperalez5341]

Exactly what i was looking for. Ty

[@Vegashott]

Great content. Thanks for sharing!

[@ZackScriven]

OMG I love this video!!! So helpful!

[@preciselyavri7944]

Melanie before deciding on any of this does one need to have a score in the higher 600’s or 700’s? and a whole 300,000 saved up?? im getting biased answers on this.

[@eld1157]

Most lenders have a minimum credit requirement, usually over 630. The down payment may very depending on the type of loan that you choose. While 20% is the normal recommended down payment to avoid PMI, most of my deals required 3-5% of the cost of the home.

[@jopaea]

580 for an FHA loan. 3.5% down.

[@paulsjunkcars]

Great video. Great information.

[@CPSeymoursSeed]

Very succinct and informative

[@TheEMenk30]

What are the pro’s and con’s of buying a new construction home cash?

[@streetking0460]

Hello, I have been watching you for a lil bit since my family and I are planning on moving to the Tampa area and I want to thank you for all your helpful tips and info. I also have a question if you don't mind, would you recommend moving and renting a place on a month to month basis while looking for a home instead of purchasing sight unseen? What would you recommend? Thanks in advance.

[@valeriesantiago1427]

Our Relator was never part of our new home construction, never came out to see the house and never asked the seller of any updates. Sent his partner with us for the first walk thru. For six months she never reached out to u. We did all the leg work with the seller. Now he and his partner will be getting commission that they don’t deserve.

[@VictorHernandez-et5xk]

Thanks 4 the video!

[@tcerrands4157]

I’m heading down next weekend to learn neighborhoods. Will stop by new construction. I don’t want to waste your time now because we won’t be buying for a year. Do you know of new construction whose associations allow short term rentals? We will be back and forth and would love to rent out our house in between. Can I use your name and number when I go visit model homes? When We are ready to buy I would Love for you to represent us. I love your videos. I’ve learned so much.

[@UchihaSumairu]

I wish I could afford to build a house. I'm selling my old home to my brother for about 200k (honestly its probably worth 230-240k but I want to help him out) and I could probably afford something around that price after the 40kish down payment but I don't like the idea of buying an old home again :( stuff in Florida is so expensive now! I live in Deltona. Too far away from you! lol

[@Eyerusalem_]

When should I look for a lender exactly ? Is it close to house closing time or before I sign a sales agreement? Thank you so much

[@JuancoPRoFlow]

Before you even start looking for houses. That way you know your chances of getting a loan and for how much the loan could possibly be. That way you don't waste your time or the builders time looking at houses that you potentially can't afford. I hope you understand the logic. Anyway, I don't know your financial situation, you could be rich for all I know, but having said that, I don't think you would be look ing for a lender if you were. Blessings

[@maiavlogs3820]

Is giving an Ernest money normal when you buying a new construction?

[@infopimp]

Yes

[@Jays81305girl]

Yes

[@SuperCassieC]

Great info ! Thanks

[@leo24quito]

I beg to differ on paying the closing cost for a new construction house. I'm only paying 1% of the closing cost as the builder's lender are paying majority of my closing cost since it is a new construction compare to a resale house, you pay more out of your own pocket for closing.

[@zx2781]

I would love to pay 300k. Cant touch anything decent under 600k in Denver metro.

[@Johnnymalele]

So helpful thanks so much

[@simplyatsea6779]

If buying an inventory home to avoid building delays, can you still get the upgrades to the home that you desire (flooring, counters, trim etc)?

[@geegees2741]

What’s the typical cost of acquiring an agent to work on your behalf during the new construction process?

[@funeralangel8262]

💰- I believe they are usually paid by the seller...

[@chrissyharris8574]

does this process change if you are not financing?

[@drip569]

Do you need a certain. Credit score for a new construction home??

[@shawn1869]

I tried to ask for a pre drywall inspection and the rep said they don't think they can accommodate because the building is moving too fast... Not what i wanted to hear.

[@unionjack84]

What if you pay cash? Are there any advantages?

[@gregski806]

Do you have any advice or tips on how to get new construction clients? My last two preowned home clients have been nightmares and the two new constructions deals that I am working on have been amazing. Thank you

[@goddessofluv4662]

Thanks so helpful

[@tinuthomas19]

Planning to build a home in Lutz

[@molo3986]

Difference between East Coast vs West Coast Florida living? Housing variations.

[@funeralangel8262]

Florida homes built for storms - west coast are built for earthquake 💰

[@kimyoupi5463]

Thank you for your clip. Will the buyer or seller pay the realtor's commision on a new construction home? thanks.

[@marilyisawesome]

The seller/ builder will pay the realtors commission 😊

[@LakersMySquad]

This helped!

[@Aremacphotography]

Great Video!

[@thomasdavenportiii8365]

Gorgeous lady

[@monicarenee7949]

This is helpful but I’m wondering how different it is if you’re buying a new build in a vacant lot of an older neighborhood.

[@MelanieLovesTampaBay]

Hi Monica! Thank you for watching. That is a good point. The process is completely different if you are building a single home with a builder. This video was for large neighborhoods where builders are building a lot of homes 😊

[@astudentpilotlife]

As a 22yo. I am in process of buying a 3bedrm 2 bathroom house in full and rent two of the room to my friend. I know I am fortunate to get the help from my parent. But my dream and goal is to be able to design and build my dream house from scratch. To start this. Who should I contact. My agent as well?

[@pepercat17]

Darn, I came to hear about a custom home construction home. Have you made a video about it?

[@mariavuee]

Wow, your camera is really nice.

[@wa2224]

Is there anyway around the builder/sales rep not wanting to work with the real estate agent? My fiance and i viewed a new construction property twice to make sure we liked it. It was more of an "open house". The sales wasn't very helpful with our questions which led us to get a real estate agent.

[@robwill6342]

What about Veterans retirees looking to move to Tampa any advice for us.

[@jjss488]

Too specific. Look for a realtor.

[@DueinOct24]

Can you pay closing costs at the closing? Do they have to verify prior to closing?

[@biznakrivera]

Wow can't believe I came across your channel. I may need a realtor with new build experience in the Clearwater area here pretty soon. If you only focus on Tampa, can you recommend someone on the other side of the bridge?

[@MelanieLovesTampaBay]

Hi there! I work in Clearwater too!!

[@biznakrivera]

@@MelanieLovesTampaBay Oh Awesome! I'm eyeing a new community that is in the perfect area for my wife and I. It's still in the early stages and there's hardly no information on it yet

[@mlfitness67]

I already spoke with the sales representative. Is it still ok to get a realtor

[@slaw1780]

Yes, U can try. my client did that before hiring me, we are able to do a contract now

[@margaretbenton1980]

Do you only work in the Tampa Bay area, or do you also work with clients looking to buy in Manatee/ Sarasota counties?

[@reinavirtucio2229]

Yes build the nest

[@Eyerusalem_]

Thank you for this information you are amazing

[@shanes1221]

Very helpful video. Thanks

[@johnwayne6501]

I have a question. Not sure where I want to move to FL is there a relator that does statewide? I like to share what I am looking for and that person can crunch the numbers/computer and find what my needs are. I already spend hours looking in tampa and nearby areas...Orlando and outside Jacksonville....it's tiring work. There must be a simple way?

[@dexter44444]

love your video, too bad don't live in your area

[@chronictwister]

New construction homes in Nebraska around Omaha are NOT affordable, I wish I had enough to afford a 300k home. Strange that they cost so much, considering there isn't anything worthwhile in this state. I consider it a snooze state

[@materialgirl338]

We are looking for new construction in the area you mention or 55+ active definitely must have a pool. How do we reach u.

[@atbiaol1929]

Use realtor (cost to buyer), do not want to negotiate with builder if you want to buy?(again cost to buyer).. what options do buyer really have than shut up and pay for everything they quote?

[@linatran5629]

Does having a realtor have any negative connotations from the builder’s agent?

[@MelanieLovesTampaBay]

It shouldn’t! Reputable builders encourage realtor participation 😊

[@cormargonz]

We aren't using a realtor because it's too late now and we didn't know.. Any advice for us? We're buying a new home that will be ready in a month

[@MelanieLovesTampaBay]

Corina V. Congrats on your new house! The sales rep will probably not recommend that you have a 3rd party inspection but I highly recommend you have one prior to doing your final walkthrough with the builder. That way they can fix any issues prior to closing!

[@cormargonz]

@@MelanieLovesTampaBay thank you!

[@bakkks]

Realtor tip: use a realtor. That was unexpected.

[@samanthabagdasarian9951]

She then goes on to provide so much value and insight, she pretty much proves her point, doesn't she?

[@TLTommy77]

Samantha Bagdasarian Exactly. From what I have been reading, she is exactly right-and as the buyer it doesn’t cost you a thing, so why wouldn’t you grab the help?

[@BabyGangsterIsMe]

Sale Rep never want you to bring a realtor b/c builder has to give 3%. Before you buy a new house..make sure you know what you are doing before you talk to sale rep... if you do'nt have a realtor, ask builder to pay for your closing cost or free upgrade..they will give it to you. If they say No, just leave...they will call you back in couple weeks.

[@tbone-mu2zs]

Anyone know how much you would have to pay a real-estate agent for something like this?

[@sarasotadiscovered7109]

If you are building new construction the Builder pays the agent.

[@michaelshannon6846]

Does the buyer pay the real estate agents commission or does the builder?

[@MelanieLovesTampaBay]

Hi Michael! The builder has paid it on all of my new homes sales. Thanks for watching!

[@louisportillo1821]

Melanie, how or what do I say to have the builder pay the closing costs?

[@jvolstad]

Who pays your commission?

[@jennifersmith75]

Who pays the realtor the buyer uses?

[@anaa8612]

Hi! Do you work in Central Florida as well?

[@MelanieLovesTampaBay]

I'm sorry, I don't...just the Tampa area. If you need a referral for a agent in the area you are looking in, I am happy to get you one!

[@anaa8612]

Hi Melanie, sure, please feel free to recommend me a good agent! Thank you

[@wmu971]

Thank you so much for this great video I am looking into moving to Florida from Atlanta. I was not sure where in Florida - I like new construction homes. I am a single person with a dog. A home in the 200's would be ideal. I am going to contact you as soon as I am ready. How can I find your phone number please? Thank you!!