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5 incentives to ask about when buying a new construction home in Central Florida?

Updated: Jan 28, 2023

  1. Tax breaks: The government offers tax breaks for people who buy new construction homes. This can include deductions for mortgage interest, property taxes, and more. It's important to check with a tax professional or the local government agency to see what tax breaks are currently available in your area.

  2. Reduced interest rates: Home builders often offer reduced interest rates to buyers of their new homes. This can help make the overall cost of the home more affordable and can also lower the monthly mortgage payments. It's important to shop around and compare rates from different builders and lenders to find the best deal.

  3. Closing cost assistance: Home builders may help pay your closing costs when you buy a new construction home. This can include things like title fees, appraisal fees, and more. This can save you a significant amount of money and make the buying process more affordable.

  4. Free upgrades: Home builders often give buyers free upgrades, such as granite countertops or stainless steel appliances. This can add value to your home and make it more attractive to potential buyers down the road.

  5. Discounts on future purchases: Some home builders offer discounts on future purchases to buyers of their new homes. This can include discounts on future homes, land, or other properties. This can be a great way to save money and invest in your future.

It's important to note that incentives vary by location, builder, and program, so it's always best to check with the builder or local government agency to see what incentives are currently available. Additionally, some incentives may have conditions or restrictions, so it is important to read the fine print and understand the terms and conditions of the offer before making a decision.

In conclusion, buying a new construction home can come with a variety of incentives that can help make the process more affordable and less stressful. From tax breaks and reduced interest rates to free upgrades and discounts on future purchases, there are many incentives available to new construction home buyers. It's always a good idea to research and find out what incentives are available in your area and to ask the builder about any current promotions or incentives they may be offering.


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