New Construction Homes, Villas & Condominiums Naples FL: July 2016

New Construction Communities

The following are directional guidelines within planned developments.

Qualified onsite sales personnel for the most part are great to deal with, but they work for, and represent the interest of the builder/developer/owner and hold their interest above others.
Having me as your Realtor can point out things that the onsite sales personnel did not, and can guide your decision to the best choices.
Usually, a buyer will be required to put down 10% to 20% of the purchase price as a deposit with the remaining due at closing (when the property is ready for occupancy).
Completion dates estimated by the developer are estimates and not guaranteed.

When buying a condo new construction, a buyer has 15 days from the date of contract signing or the date they receive condominium documents, which ever is later, to change their mind for a full refund.
The developer is in control of the decision making process for the condo associations and/or home owner associations within the development, until such time the number of closings reach a certain level. At that time, the association is turned over" and owners will elect their own board to the associations.
Most new properties will come with a one year warranty on original problems, repairs and defects. I recommend a professional inspection before closing.

New construction in the Naples area:

Inventory Pricing - Homes that have been built ahead of the buying curve, and the builder has inventory ready to close and be occupied. This is usually the best pricing, Realtors get list updates and can update for several communities.
Pre-Construction Pricing - The selling of homes that are either in the process of being built or are planned to start construction in the future. Depending on the builder this could be very competitive pricing, and can fluctuate on market conditions.
Custom Build to Suit- Using custom builders to build from your plans or theirs on lot or land.

New construction opportunities in the Naples area include:

Large community, gate, plenty of amenities and low fees.
Golf community where golf is included with purchase.
Communities with equity club membership within.
Small single family home communities.
Small, no frills condo communities.
Build to Suit on lots and land i.e. Golden Gate Estates, Waterfront and Old Naples.