I need your advice We just signed a contract for a new construction And we don't like the city anymore Can we change to a different city with same builder and plan? Help me Thank you!
I bought an inventory home $64,000 price drop got all stainless steel appliances free Granite countertops etc... free the builder paid 6,000 in closing & lender bought rate down to 4.125 in February 2023💵💵💵
bought a new build , 2,100 price drop , granite countertops, hardwood floors , 5665 appliance allowance , land transfer was 297 dollars plus 50 for legal printouts . total property tax a year is 1192.41 😂😂😂. i paid cash . zero mortgage
Kaori I wanted to say your videos have been fantastic. However this one is an absolute gem for my situation! My wife and I ran into many pain points as first time buyers here in Henderson. Currently we are building here in Henderson (almost completed) and the stress on many of these points we weren't aware about would have drastically helped us. We had ZERO clue about representation like yourself when walking into the Beazer office excited. Hats off for taking the time to make this video for everyone.
Thank you SHAUN so much for your feedback. Congratulations on your new build. I am 100% sure that this won't be your forever home so let's stay in touch and I will be happy to assist for resale/purchase new builds in the future. Thank you for watching and engaging with me! Means a lot!
@@KaoriLuxuryRealEstate Of course! Actually I sent this over to my wife to watch later and discussed your video with her. She and I are sold to do things right next time going with an agent. We actually really would love to use you in the future. I need a time machine to go back to the beginning of buying! lol
@@Shaunzor Time machine would be great. Back to the future-style LOL. Feel free to email me at kaori.nagaochiti@sothebysrealty.com if you'd like to connect and be added to my monthly e-newsletter!
Gosh! Thank you so much for the information. I wish I could've found you before signing my new construction. I'm from out of state and I just picked a random agent to represent me and she was not good at representing me and giving me good advice. :( Next time!
Oh, sorry to hear that! I highly recommend getting a third party home inspector before your warranty runs out! Feel free to email me at Kaori.nagaochiti@sothebysrealty.com for more tips!
Hi we are looking around the Myrtle Beach area. I’m retired and my wife will be retiring June of 2025. We are selling our present home to my daughter and we have family in S C so really no pressure on timing on a new construction home. My biggest problem and fear is finding a good realtor and a good home inspector. I think I’ll spend more time looking for competent people than actually finding a home …
@@italianballbreaker 💯💯💯 It's crucial to have the best representation that is knowledge and experienced about new construction home! And I can help. Send me an email and I'll connect you.
Thank you for the great information. Currently looking to buy my first home in a different state but at what point should you negotiate incentives, upgrades etc. Should that be prior to signing the purchase contract or will that be later as the price will continue to change based on Design Center etc. I have selected my Structural Upgrades, Lot Premium and floor plan already and will be signing near term. When is the best time to negotiate, pre contract signing or post once everything is finalized? The seller is offering currently $20k for closing and $25k in upgrades but I'd like to negotiate Lot Premium, appliances and additional Design Upgrades. Thank you Kaori!
Thanks for watching! Always negotiate BEFORE signing the contract! You have more leverage that way 😉 Are you working with a new construction expert in your market? If you need representation, please email me! I can connect you - kaori.nagaochiti@sothebysrealty.com 📩
@@justnoob82 It's nor that builders trick you. You want to have a buyer's representation so that you are protected. If you work directly with the builder's sales contact, that sales contact represents the builder!
Can you go over the process of buying a spec home please? This is what i plan on buying the end of this year when i could get a deal like you said. What things on the contract should i watch out for with those sneaky builders?
You've come to the right video! I've broken down everything you need to know before signing a new home contract whether it's spec or a build. Spec homes will have faster delivery time and more incentives to negotiate.
The earnest moeny is quite high compared to resell, Does the lender ever help cover earnest monney? That is a large chunk of change to come up with esp out of pocket
I agree. It can be higher than some EMD for resale homes. That is why you need to hire a buyer's agent so that the agent can negotiate the EMD amount for you! I've negotiated EMD from $40K to $20K for a buyer before!
Guide. You mention taking your realtor with you on first visit to sales office. I have to visit a model home before knowing if I like it. Online photos don't visually do it. So my realtor is going to want to visit numerous communities while I decide, instead of me deciding and then bring in my realtor?
Uh oh. I didn’t know this wasn’t normal. My builder rep asked me to come in on sat to sign a purch agreement and personal check . I asked if I can see the paperwork ahead of time and she said it’s a lot of work to email it …
Thanks Kaori for the great video! Do I still need a real estate advisor/agent if I buy an out-of-state new construction rental property through a turnkey real estate company? Should l trust the turnkey company to act as my "real estate advisor"? If I decide to get an agent in this case, will the turnkey company or builder still cover the real estate agent fee?
i bought a brand new DR Horton home here in central ca. this was my first time buying home. felt like i was taken advantage of because my ignorance i'm a disabled iraq war vetran i'm planning on buying a home in gilbert az i want a new build is it possible to ask the builder to make my master bath to be built with ada specs? all the things your saying incentives i had no idea about that. they didn't have a model home the model was in another town about 15 minutes away after i signed the contract i found my floor plan on youtube. the realtor could of showed me my floor plan. from the beginning they told me there was someone was going to buy the home they was trying to sale to me. things was so fishy in the beginning i dont want to be hussled again i wish i saw your video prior to buying my home my home closed 7/22/22/22
Kaori, this video was great; Q: Can you breakdown at what point would one engage with the builder preferred lender and what are all the steps that have to be taken to sign the purchase agreement? I.e. is there a pre approval done by the lender first, then you find out the interest rate you qualify for, and then sign the purchase agreement and what role does the lender play? Thank you.
Yes happy to! You'd want to get the lender involved as soon as you have made a decision to move forward with this particular home & builder. Once pre-approved, you are able to get more info on lender incentives and negotiate! Ask about closing costs, interest rate buy down, and more. Then you will go through the estimates and the monthly payment breakdown. Rates are not locked in until you get closer to the closing date. Any more questions, email me at kaori.nagaochiti@sothebysrealty.com 📩 I actually just released a month by month timeline of the new construction process so check that out too!
@@KaoriLuxuryRealEstate Lennar homes in Fresno. Their lender can’t qualify me because I am self employed and I don’t pay myself enough. However, my lender who I’ve done a lot of business with over the last few years qualified me with bank statements… first time buying new construction. Love the videos by the way.
Hello hope all is well, I am in a situation. My house could not close due to mold found in the basement. They had to take out the insulation in the basement and attic. I have a baby with respiratory issues and would like to cancel my contract on this house. How can I get my money back?.
A few differences - 1) Timeline. Spec homes have faster closing. 2) Incentives. Builders will offer more incentives on spec homes. 3) Lender Incentives. Lenders will offer more incentives on spec homes.
@Kaori Luxury Real Estate any advice as a buyer that is currently enrolled to become an agent for the sole purpose of getting the commission. I don't want the builders sales people sneaking things in that a newbie like me wouldn't understand or would miss. Anything I should watch out for?
sorry, not true... it can cost you tens of thousands to have a real estate agent. Baked into 99 percent of all sales contracts is a 3% fee to the real estate agent representing you (e.g. for bringing you to the home to be purchased) What happens when they find out you don't have a real estate agent? ... well, yesterday a home I'm looking at told me they would give that 3% to me. If I had had a real estate agent, that I don't need, then I would have lost out on those thousands of dollars of savings (potentially if I decide to buy) on a home that isn't negotiable in price. Prove me wrong.
You're getting representation so that the buyer's agent can negotiate on your behalf. I've saved my clients tens and thousands of dollars because they hired me to represent them on new builds.
@@ducatipilot1967 Please send me a text or email and I'll be more than happy to send this to you. Thank you so much for watching and hope you're having a great weekend! ✨
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For questions on your home buying needs:
→ Send me a text (702) 583-4766
→ Send me an email: kaori.nagaochiti@sothebysrealty. com
I need your advice
We just signed a contract for a new construction
And we don't like the city anymore
Can we change to a different city with same builder and plan?
Help me
Thank you!
@@trendingknewz6212 Call/Text me at 702-583-4766.
GUIDE! Love your videos. Very informative!
@@jahasium Thanks for watching! Pls send me an email or text and happy to connect! Which city are you watching from?
I bought an inventory home $64,000 price drop got all stainless steel appliances free Granite countertops etc... free the builder paid 6,000 in closing & lender bought rate down to 4.125 in February 2023💵💵💵
That's amazing! Congrats!
Did you use a realtor?
What month of the year did you buy the home?
sweet!
bought a new build , 2,100 price drop , granite countertops, hardwood floors , 5665 appliance allowance , land transfer was 297 dollars plus 50 for legal printouts . total property tax a year is 1192.41 😂😂😂. i paid cash . zero mortgage
Kaori I wanted to say your videos have been fantastic. However this one is an absolute gem for my situation! My wife and I ran into many pain points as first time buyers here in Henderson. Currently we are building here in Henderson (almost completed) and the stress on many of these points we weren't aware about would have drastically helped us. We had ZERO clue about representation like yourself when walking into the Beazer office excited. Hats off for taking the time to make this video for everyone.
Thank you SHAUN so much for your feedback. Congratulations on your new build. I am 100% sure that this won't be your forever home so let's stay in touch and I will be happy to assist for resale/purchase new builds in the future. Thank you for watching and engaging with me! Means a lot!
@@KaoriLuxuryRealEstate Of course! Actually I sent this over to my wife to watch later and discussed your video with her. She and I are sold to do things right next time going with an agent. We actually really would love to use you in the future. I need a time machine to go back to the beginning of buying! lol
@@Shaunzor Time machine would be great. Back to the future-style LOL. Feel free to email me at kaori.nagaochiti@sothebysrealty.com if you'd like to connect and be added to my monthly e-newsletter!
You are wonderful realtor, koari. We are still looking for city to retire. If we feel LV is the one, we will contact you to represent us
Thank you Elizabeth! My email is kaori.nagaochiti@sothebysrealty.com 📩
Than you so much for this valuable information. I am currently looking in Phoenix, AZ, sure wish you covered this area.😊 Joy M
Hi Joy M, I can connect you to my referral partner there. Send me a text at 702-583-4766 📩
Guide! Do you have partners in the San Diego or LA area?
Yes! Please email me at Kaori.nagaochiti@sothebysrealty.com and I'll be happy to connect you! 🎉
Gosh! Thank you so much for the information. I wish I could've found you before signing my new construction. I'm from out of state and I just picked a random agent to represent me and she was not good at representing me and giving me good advice. :( Next time!
Oh, sorry to hear that! I highly recommend getting a third party home inspector before your warranty runs out! Feel free to email me at Kaori.nagaochiti@sothebysrealty.com for more tips!
Good to know especially making a big commitment on buying a home. Learned a lot!
YES! Your home purchase is one of the biggest purchases of your life so I want to ensure the process is as STRESS-FREE as possible!
After this March 22 and it might be impossible to sell homes rates will be over 7.5 to 8.5 % on 740 score its gotten real tuff here in new york
Hi Jessica, if you're considering relocating to Las Vegas from NYC, let me know! My email is kaori.nagaochiti@sothebysrealty.com 📩
Watched 4times and my head is still spinning…. Will keep watching till I get it
@@italianballbreaker Happy to connect via call or zoom and go over this with you! Would love to hear which new construction you are buying and where!
Hi we are looking around the Myrtle Beach area. I’m retired and my wife will be retiring June of 2025. We are selling our present home to my daughter and we have family in S C so really no pressure on timing on a new construction home. My biggest problem and fear is finding a good realtor and a good home inspector. I think I’ll spend more time looking for competent people than actually finding a home …
@@italianballbreaker 💯💯💯 It's crucial to have the best representation that is knowledge and experienced about new construction home! And I can help. Send me an email and I'll connect you.
Great info! I’m in NC and already own the land. Looking into building a BARBDOMINIUM but there is so much research to do!!
Thanks for watching and engaging!
Monthly payments absolutely can change, part of your Monthly payments are escrow with include home insurance, taxes, HOA and these can change.
True! Thanks for engaging!
Monthly payment does change but only because it property taxes and insurance
I agree
Thanks for your insight!
Thank you for the great information. Currently looking to buy my first home in a different state but at what point should you negotiate incentives, upgrades etc. Should that be prior to signing the purchase contract or will that be later as the price will continue to change based on Design Center etc. I have selected my Structural Upgrades, Lot Premium and floor plan already and will be signing near term. When is the best time to negotiate, pre contract signing or post once everything is finalized? The seller is offering currently $20k for closing and $25k in upgrades but I'd like to negotiate Lot Premium, appliances and additional Design Upgrades. Thank you Kaori!
Thanks for watching! Always negotiate BEFORE signing the contract! You have more leverage that way 😉 Are you working with a new construction expert in your market? If you need representation, please email me! I can connect you - kaori.nagaochiti@sothebysrealty.com 📩
Do builder mostly trick you so the way is to hire realtor?
@@justnoob82 It's nor that builders trick you. You want to have a buyer's representation so that you are protected. If you work directly with the builder's sales contact, that sales contact represents the builder!
Can you go over the process of buying a spec home please? This is what i plan on buying the end of this year when i could get a deal like you said. What things on the contract should i watch out for with those sneaky builders?
You've come to the right video! I've broken down everything you need to know before signing a new home contract whether it's spec or a build. Spec homes will have faster delivery time and more incentives to negotiate.
Take a video of all surfaces during your framing walkthrough. You might need to know where something is behind a wall in the future.
Yes, I recommend that too. You don't want to be installing TVs or hanging anything into a pipe 😆
Agent's commission is backed into the purchase price.
Can you use builder lender and still use a va loan or do you have to use their loan products?
Hi Bert 👋🏻 Thank you for your service 🇺🇲🙏🏻 The builder's preferred lender will have various loan types to offer including VA loan.
WHAT A GREAT VIDEO!! YOU ARE SO INFORMATIVE- THANK YOU!!!!
Thank you for watching! Any additional questions?
Wow! Thanks for an amazing video with tons of great information on new construction.
Thanks for watching! More content on the way!
Im in the process of purchasing a new build and able to get incentives, new appliances. I didnt get the Lender's credit. So im going to ask for it.
Which city? Keep me posted!
You don’t need to lock the interest rate when you sign the purchase agreement… there are different rate lock options with the lender…
True, every builder and lender offers various options to choose from...
Kaori, this is a fantastic video - thank you!
Thank you so much!
Awesome information. "GUIDE"
Hi Michael, which market do you cover?
SoCal - LA County, Orange County, San Diego County, Riverside/San Bernardino County
@@MichaeltheReeltor Nice! My home before Las Vegas!
The earnest moeny is quite high compared to resell, Does the lender ever help cover earnest monney? That is a large chunk of change to come up with esp out of pocket
I agree. It can be higher than some EMD for resale homes. That is why you need to hire a buyer's agent so that the agent can negotiate the EMD amount for you! I've negotiated EMD from $40K to $20K for a buyer before!
@@KaoriLuxuryRealEstate At what point do you negotiate this?
@@mariaguild2024 Before you go under contract. Right at the beginning!
Guide. You mention taking your realtor with you on first visit to sales office. I have to visit a model home before knowing if I like it. Online photos don't visually do it. So my realtor is going to want to visit numerous communities while I decide, instead of me deciding and then bring in my realtor?
@@ritajackson7544 Correct. It's the realtor or your buyer's agents' responsibly to coordinate the showings for these model homes.
@@ritajackson7544 Pls text me your email address and I'll send you info!
I am wondering if i should run from this builder they will not provide the sale contract before i come into the office with my earnest money check.
ALWAYS contract first! Please make sure you hire a buyer's agent to represent you.
Uh oh. I didn’t know this wasn’t normal. My builder rep asked me to come in on sat to sign a purch agreement and personal check . I asked if I can see the paperwork ahead of time and she said it’s a lot of work to email it …
Thanks Kaori for the great video! Do I still need a real estate advisor/agent if I buy an out-of-state new construction rental property through a turnkey real estate company? Should l trust the turnkey company to act as my "real estate advisor"? If I decide to get an agent in this case, will the turnkey company or builder still cover the real estate agent fee?
All great questions! Please email me so we can connect directly. I need a few more details in order to advise you!
i bought a brand new DR Horton home here in central ca. this was my first time buying home. felt like i was taken advantage of because my ignorance i'm a disabled iraq war vetran i'm planning on buying a home in gilbert az i want a new build is it possible to ask the builder to make my master bath to be built with ada specs? all the things your saying incentives i had no idea about that. they didn't have a model home the model was in another town about 15 minutes away after i signed the contract i found my floor plan on youtube. the realtor could of showed me my floor plan. from the beginning they told me there was someone was going to buy the home they was trying to sale to me. things was so fishy in the beginning i dont want to be hussled again i wish i saw your video prior to buying my home my home closed 7/22/22/22
For future purchases, make sure you text me at 702-583-4766 so we can connect and discuss how I can protect you as a new home buyer!
Monthly payments are changing because of property taxes
Every year it’s keep increasing
@@suryabhagavanturaga9276 True: The property tax rate fluctuates slightly each fiscal year. There is a cap of 3% for primary residence.
I'm looking out for a spec home in north Dallas
Happy to connect you to my colleague from Sotheby's that can help! Pls email me at kaori.nagaochiti@sothebysrealty.com 📩
Kaori, this video was great; Q: Can you breakdown at what point would one engage with the builder preferred lender and what are all the steps that have to be taken to sign the purchase agreement? I.e. is there a pre approval done by the lender first, then you find out the interest rate you qualify for, and then sign the purchase agreement and what role does the lender play? Thank you.
Yes happy to! You'd want to get the lender involved as soon as you have made a decision to move forward with this particular home & builder. Once pre-approved, you are able to get more info on lender incentives and negotiate! Ask about closing costs, interest rate buy down, and more. Then you will go through the estimates and the monthly payment breakdown. Rates are not locked in until you get closer to the closing date. Any more questions, email me at kaori.nagaochiti@sothebysrealty.com 📩
I actually just released a month by month timeline of the new construction process so check that out too!
@@KaoriLuxuryRealEstate Thank you very much !
Helpful guide. Thanks:)
Thanks for watching! Where are you buying new?
Can I still get builder credits if I don’t use their lender?
It depends, but in most cases no. It's contingent to receive the incentives if you use the builder's lender.
@@KaoriLuxuryRealEstate ah ok. So if I went in there with my own lender, I wouldn’t get the incentives. Hmm..
@@visualize1912 Yes, that's usually the case. Which city are you buying new? Feel free to text me with your info so we can connect!
@@KaoriLuxuryRealEstate Lennar homes in Fresno. Their lender can’t qualify me because I am self employed and I don’t pay myself enough. However, my lender who I’ve done a lot of business with over the last few years qualified me with bank statements… first time buying new construction. Love the videos by the way.
@@visualize1912 Ah gotcha. I have a few words of advice! Call or text me tomorrow at
702-583-4766 and we can connect 😉
Excellent information!!!
Thanks for watching!
Can you recommend a Los Angeles area new construction experienced relator please
YES! Please text me at 702-583-4766 and I'll be happy to connect!
@@KaoriLuxuryRealEstate ok
Hello hope all is well, I am in a situation. My house could not close due to mold found in the basement. They had to take out the insulation in the basement and attic. I have a baby with respiratory issues and would like to cancel my contract on this house. How can I get my money back?.
Please email me at Kaori.nagaochiti@sothebysrealty.com 📩
Great to connect with you today Shelly!
Did you have someone come out and check for mold?
You need to check the purchase agreement, it will say what to do / what can you do when seller is at fault
How does the contracts differ for new homes that are completed (spec home) vs being built?
A few differences - 1) Timeline. Spec homes have faster closing. 2) Incentives. Builders will offer more incentives on spec homes. 3) Lender Incentives. Lenders will offer more incentives on spec homes.
@Kaori Luxury Real Estate any advice as a buyer that is currently enrolled to become an agent for the sole purpose of getting the commission. I don't want the builders sales people sneaking things in that a newbie like me wouldn't understand or would miss. Anything I should watch out for?
@@mellie1022 Let's schedule a time to connect at Kaori.nagaochiti@sothebysrealty.com 📩
Is lawyer needed to review New construction contract
Thank you for the video.
Thanks for watching! Any other topics you'd like me to cover?
Great information
Thank you!
❤ Guide 6/13/23
Thank you Kanisha for watching and engaging!
2:58 that is tough to watch
@@TeamNikolai What is your question?
@@KaoriLuxuryRealEstate I was talking about the fail handshake on the video :D
@@TeamNikolai Oh 😆
GUIDE
@@kellyflove13 Pls text me next email address to send to!
Guide! 😃
Thanks for watching. Let me know if you have any questions 🙂
GUIDE! 👍
Thanks for engaging!
Guide ❤
Thanks for watching!
Guide 😊
Thanks for engaging! Where are you from?
guide
Thanks for watching Andy! Let me know if you have any questions.
Guide
Hi Dan!
Just subscribed to your channel!
It’s not this complicated
@@muthoni632 Thanks for watching!
sorry, not true... it can cost you tens of thousands to have a real estate agent.
Baked into 99 percent of all sales contracts is a 3% fee to the real estate agent representing you (e.g. for bringing you to the home to be purchased)
What happens when they find out you don't have a real estate agent? ... well, yesterday a home I'm looking at told me they would give that 3% to me. If I had had a real estate agent, that I don't need, then I would have lost out on those thousands of dollars of savings (potentially if I decide to buy) on a home that isn't negotiable in price.
Prove me wrong.
You're getting representation so that the buyer's agent can negotiate on your behalf. I've saved my clients tens and thousands of dollars because they hired me to represent them on new builds.
Guide 😅
Where are you watching from?
GUIDE #PCFHOME
What's #psdhome?
Buying a house is nearly impossible screw that, fees on top of fees
Let's talk! It's not impossible. With an action plan, homeownership is poossible!
guide
Please message me your email address and I'll be happy to send!
Guide
Thanks for watching Mike!
guide
@@flor_chiti Pls send me your email so I can email it to you!
Guide
ありがとう。
guide
@@ducatipilot1967 Please send me a text or email and I'll be more than happy to send this to you. Thank you so much for watching and hope you're having a great weekend! ✨
Guide
🔥🔥🔥
Guide
Thanks for watching
Guide
Thanks for engaging!
Guide
Thanks for watching 👀🔥🙌
Guide
Thanks for engaging!
Guide
Thanks Clarence for watching!
Guide
Thanks for watching 🙌👌💫
Guide
Thanks for watching 🔥🙌👋
Guide
Thank you for watching and engaging with me!
Guide
Thanks for watching! Where are you tuning in from?
Guide
Thanks for watching! Let me know if you have any further questions Michele!
Guide
Great to talk to you Sourjya!
Guide
Thanks for watching!
Guide
@@JS-dz1hj Pls email me at Kaori.nagaochiti@sothebysrealty.com so I can send you the info 📩
Guide
@@Jas58271 Pls email me to text me and happy to send!
Guide
@@Allthingsarepossibl3Pls send me an email or text!
Guide
@@HarrietRW1053 Pls send me an email or text and I'll be happy to send!
Guide
@@Graciela-p9y Hi Graciela, pls send me an email to Kaori.nagaochiti@sothebysrealty.com