New Construction Homes The PROs and CONs of Building Your Own Home

Are you thinking of buying a new construction home? In this video, we'll share the pros and cons of buying a new construction home.

We'll cover everything from the pros (low interest rates, tax breaks) to the cons (more expensive than buying a pre-made home, unknown quality of construction). After watching this video, you'll have a better understanding of the pros and cons of buying a new construction home and be able to make the best decision for you!

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KAORI NAGAO
Las Vegas Lifestyle Specialist
Global Real Estate Advisor
Las Vegas Sotheby's International Realty
BS.0145932

LET'S CONNECT:

Let's connect to discuss your home buying strategy:
→ Send me a text [phone]
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ABOUT ME:

Originally from Yokohama, Japan, I am a wife, a mother of two daughters, and a mother of a mini-Golden doodle dog. I’m a passionate entrepreneur, and besides my career in the real estate industry, I own two local restaurants in Southern Highlands.

I attended an international school from an early age and moved to Southern California at the age of 18. I attended the University of California, Riverside and Los Angeles with a degree in Business Administration and Entrepreneurship.

Having lived in Las Vegas for the last 17 years, I am so familiar with the city of Las Vegas that
I call myself a Las Vegas lifestyle specialist.

I offer buying, selling and investing services in Las Vegas and Henderson, Nevada, USA.

My goal is to help you build wealth through real estate.

I’m focusing on family relocation to Las Vegas and investors looking to build wealth through real estate.

I am very excited to work for Sotheby’s, a global company with offices in 78 countries including Japan.

I want you to know that I can help you internationally, not just US real estate services.

#RealEstate #KaoriNagao

[KaoriLuxuryRealEstate]

For questions on your home buying needs:
→ Send me a text [phone]

[hannahrodero-ortega]

Hi Kaori, I have been watching your content since I just signed a purchase agreement and in the midst of finalizing our design options. What i feel so disheartened about in this journey so far are the unknowns- which is big elephant =appraisal value of spec homes sold in the neighborhood. The builder is advising us to stick to 20% of the base price to be safe. With this appraisal hanging over our heads we were forced to drop the design options we want and once we do that we end up with a spec looking house. What you get is a pretty basic house otherwise you gamble and potentially you will have to fill that gap - ie. the amount between the 80% that the lender will loan you and the actual cost to build. Even qualified buyers would have a hard time finding extra 90k sitting around somewhere to cash out on top of your already massive down payment. So overall you’re better off just buying a vanilla spec house and rip things out after the fact and if they’re even more desperate you can even get more discounts. And another big issue for me is the builders are selling these spec houses at a bargain and puts it in mls which then would have a cascading impact on the rest of the build-to-suit homes in the neighborhood. There has not been enough awareness spread out about this topic and I hope you can warn people and have a deep dive content about this issue. Thanks!