New Home Bargains Abound But Do They Really Translate to Value?
November 28, 2006 - MILLVILLE, NJ – When home buyers stop buying, many
home builders start bargaining. In today’s
puzzling housing market “bargains” abound, but are they really
bargains that translate to value?
One of the most important considerations in buying a new home is that home’s
value......today and for the years to come. Value comes from elements that
are not subject to the whims of fluctuating markets. Value comes from:
Only too often a huge cut in home prices conceals a practice of corner-cutting that compromises the long-term value of the home.
Award-winning Sherwood Forest Homes, South Jersey's Hometown BuilderTM has built its reputation on the strength of the value it builds into its homes and the "you can count on us" reliability of service after the sale.
Only too often a huge cut in home prices conceals a practice of corner-cutting that compromises the long-term value of the home. Award-winning Sherwood Forest Homes, South Jersey's Hometown BuilderTM has built its reputation on the strength of the value it builds into its homes and the "you can count on us" reliability of service after the sale.
"Do we offer buyer incentives," says Josh Juffe. "Yes, under certain circumstances we do. But we offer realistic incentives that don't undermine our profit margin so severely that we have to compromise quality or go out of business. As a buyer, you want a builder who is going to be around for post-purchase service and even to build the next new home you will want to buy."
Many of Sherwood's home buyers indeed wanted the builder of their first home to be around to build their move-up selection and are owners of their second or even third Sherwood-built home.
"Any incentive we offer will add to the value of the home," Josh says. Currently the builder is offering $5000 in Design Center options and $5000 toward closing costs to the first ten home buyers at their new Bridgeton community, Twin Oaks.
"We want a successful launch to this community," Josh points out. "When home buyers see construction getting underway in a just-opened community it encourages their confidence, and we want confident buyers who will be happy homeowners in our communities. We also want to make it easier for the home buyer to finance their purchase and to add personalized value to their homes. Help with closing costs and the opportunity to select more design options accomplishes this and makes this a solid incentive that is worthwhile."
It may be tempting for home buyers to put the focus on "what's free" in a housing market where "bargains" abound, but it's wise to remember that "free" and "value" are not necessarily synonymous terms. The elements that comprise true and enduring value in a home are the "bargains" to seek. Sherwood Forest Homes can help you discover them!
The value of Sherwood's properties was recognized in the recent MAME (Major Achievements in Marketing Excellence) awards program sponsored by the Builders League of South Jersey. Sherwood Forest III was named Community of the Year and took five additional MAME and MERIT awards including a MAME for Best Detached Home for the Nottingham Model.
To visit the Sales Center for Sherwood Forest III and Pleasant Woods from the
North: take I-295 South to Rt. 42 South to Rt. 55 South. Take Exit 27 (Rt.
47 South). Bear right at first fork onto High Street. Bear left at next fork
to stay on High Street. Drive approximately 1.5 miles to a right onto Rt. 49
(Main Street). At blinking traffic light, make a left onto Cedar Street. Proceed
1.5 miles to a left on Tomasello Drive. The Sales Center is on the right.
The sales center and model home are open Monday to Wednesday and Saturday from 10am to 5pm except Sunday open 12pm to 5pm. Closed Thursday and Friday. For more information call 856/825-2211.