Category: Real Estate & Home Buying

Dream Home Deals | Save Up to $25K

Posted on April 10, 2025

LNH Incentive

Save Up to $25K On Your New Home!


Experience a Fresh Season, Fresh Start with Lowder New Homes! Whether you’re building from the ground up or moving into a ready home, enjoy up to $20,000 for design upgrades and a rate buy-down. Plus, get an extra $5,000 towards closing costs when you use a Preferred Lender.

Your dream home awaits—contact New Park today!

Contact New Park- Claim Your Offer!
LNH Incentive

Offer valid on select Lowder New Homes contracts executed before May 1, 2025. Incentive of up to $20,000 may be applied toward design upgrades, rate buy-downs, closing costs, or other approved options, subject to lender guidelines and approval when using a Lowder New Homes preferred lender. An additional $5,000 incentive is available for buyers towards closing costs. Actual incentive amounts vary by home and community. Offer cannot be combined with any other promotions, discounts, or previously signed contracts. Incentives are subject to change or withdrawal at any time without notice. Additional terms, conditions, and restrictions may apply. Contact a Lowder New Homes agent for details.

Montgomery’s Best-Kept Secrets: What Locals Know (And You Should Too!)

Posted on March 6, 2025

pin of montgomery al on map
pin of montgomery al on map

Thinking about moving to Montgomery, Alabama? Or maybe you’ve lived here for years and still feel like you haven’t uncovered all its hidden gems?

Montgomery is a city where history meets modern charm, outdoor adventure blends with cultural vibrancy, and locals hold onto secrets that make life here even better.

One of Montgomery’s most sought-after neighborhoods, New Park, offers residents the best of both worlds– a peaceful, community-driven atmosphere just minutes from the city’s top attractions. With beautiful new homes and scenic outdoor spaces, New Park is the perfect place to enjoy everything Montgomery has to offer while having a welcoming neighborhood to call home.

Whether you’re a history buff, outdoor enthusiast, foodie, or simply looking for insider knowledge, this guide will help you experience Montgomery like a true local– and show you why so many people are choosing New Park as their next home.

Explore Available New Homes in New Park
Schedule Your Personal Tour!

Things to Do in Montgomery: Hidden Gems & Local Favorites

Montgomery’s History is Everywhere- Even in Unexpected Places

Founded in 1819, Montgomery became Alabama’s capital in 1846, placing it at the center of both the Civil War and the Civil Rights Movement. While visitors often head straight to the Alabama State Capitol or the Rosa Parks Museum, locals know history is woven into the city itself.

Historic Sites You Might Miss:

  • Winter Building: The telegram that started the Civil War was sent from this downtown building in 1861, leading to the first shots at Fort Sumter.
  • Montgomery Fair Department Store: Rosa Parks worked here as a seamstress before making history in 1955. Today, an open-air park with a replica façade honors her legacy. Locals love grabbing a coffee from Prevail Union next door and reflecting on history.
  • Mount Zion A.M.E. Zion Church: The birthplace of the Montgomery Improvement Association, which led the Bus Boycott. Dr. Martin Luther King Jr. was elected its first president here.
  • Holt Street Baptist Church: The first mass meeting of the Montgomery Bus Boycott took place here in 1955, where Dr. King delivered one of his earliest major speeches.
  • Freedom Rides Museum: Originally a Greyhound bus station, this site preserves the story of the Freedom Riders, who were attacked here in 1961 while protesting segregation.
  • National Memorial for Peace and Justice: This memorial is an immersive and emotional journey through America’s painful past. Many visitors come for the memorial but don’t make it to the Legacy Museum– its companion site just a few blocks away.
  • Wright Brothers Flying School Marker: In 1910, the Wright brothers opened their first civilian flight school in Montgomery, on what later became Maxwell Air Force Base. Visit Wright Brothers Park along the Alabama River to see the historical marker.
  • Lucas Tavern: Once the final stop on the stagecoach route to Montgomery, this 19th-century tavern hosted the Marquis de Lafayette in 1825. Now part of Old Alabama Town, a collection of restored historic buildings.
  • Oakwood Cemetery: More than just the final resting place of Hank Williams, this cemetery also holds RAF and French Air Force pilots’ graves from WWI, as well as the graves of four governors of Alabama. 
  • Steiner-Lobman Building & Mysterious Casket: Built in 1891, this downtown building has a casket-shaped object on its roof. No one knows why, but theories range from an advertising stunt to a hidden water cistern.
  • Moon Tree: A loblolly pine on the Alabama State Capitol Grounds grew from a seed that traveled to the moon on Apollo 14. There’s no sign explaining it– you just have to know where to look!

Located in East Montgomery, New Park is a peaceful, modern neighborhood just 10-15 minutes away from the city’s most significant historic sites. Whether you’re exploring the landmarks of the Civil Rights Movement, strolling through historic downtown, or learning about Montgomery’s role in aviation, you’re never far from the history that shaped the nation. 

More Things to Do in Montgomery That Locals Swear By

Outdoor Adventures You Didn’t Know Existed

Montgomery may not have mountains or beaches (though we’re centrally located within a few hours’ drive of both), but locals know it’s packed with outdoor gems. 

Top Outdoor Spots Locals Love:

Best Places to Explore on Foot or Bike

Montgomery is becoming more pedestrian-friendly thanks to its growing network of walking and biking trails. Here are some of the best local-approved routes:

  • Shady Street Trailhead and Park: A hidden urban oasis north of downtown. A planned expansion will connect it to Riverfront Park.
  • Old Cloverdale Urban Trail: A two-mile loop through one of Montgomery’s most picturesque historic neighborhoods, featuring bike lanes, shaded streets, and charming local businesses.
  • Young Meadows Park Trail: A newly completed pedestrian corridor linking Blount Cultural Park and Woodmere Park.
  • Riverfront Greenway: Once completed, this multi-use trail will stretch from Maxwell Air Force Base to Shady Street Trailhead, passing Montgomery Whitewater, Wright Brothers Park, and EAT South Urban Farm.
  • New Park’s Chastain Lake Walking Path: Residents of New Park enjoy exclusive access to a scenic one-mile walking path encircling Chastain Lake, offering peaceful waterfront views, shaded spots to relax, and a beautifully maintained route perfect for a morning jog or evening stroll.

Local Tip: Plan your trail visits around Montgomery’s weather– mornings are best for outdoor activities before the heat sets in.

Living in New Park means having some of Montgomery’s best outdoor destinations just minutes away. You don’t have to go far to enjoy Montgomery’s growing network of trails, parks, and outdoor recreation– it’s all right outside your door.

More Things to Do in Montgomery For Families

Shopping Like a Local: Where to Find Hidden Treasures

Forget the big-box stores– Montgomery has some of the best antique shops, artisan boutiques, and farmers markets in Alabama.

Whether you’re upgrading to a larger home or buying your first home, having a pre-approval letter in hand ensures you’re ready to move quickly when you find the perfect home.

Antique & Vintage Shopping

  • Eastbrook Flea Market & Antique Mall: This massive antique wonderland features over 300 vendors across multiple floors. From furniture and artwork to vintage clothing, books, and rare collectibles, this spot is a must-visit for treasure hunters. Expect to spend hours browsing!
  • Montgomery Antiques & Interiors: This upscale antique shop offers fine furniture, rare collectibles, and elegant home décor. 
  • Pickwick Antiques: Specializing in European and Southern antiques, Pickwick is known for its refined, museum-quality pieces.
  • Amy’s Antique & Flea Mall: With over 80 vendors in a sprawling 20,000-square-foot space, Amy’s is a treasure trove of antiques and collectibles.
  • Rescued Relics: Operated by the Landmarks Foundation, this non-profit salvage warehouse specializes in pre-1960s building materials, offering vintage doors, mantels, windows, sinks, balustrades, light fixtures, and more. All proceeds go toward preserving Old Alabama Town and Montgomery’s historic structures.

Locally Crafted & Curated: Montgomery’s Best Indie Shops

  • Southern Art & Makers Collective: This artisan shop features work from local artists and makers, including handcrafted jewelry, pottery, paintings, and home décor. If you’re looking for a thoughtful, one-of-a-kind gift (or something special for yourself), this is the place to find it.
  • NewSouth Bookstore: An independent bookstore in the heart of downtown Montgomery, NewSouth specializes in Southern history, culture, civil rights, politics, and literary fiction. With both new and used books, it’s the perfect place to browse for rare titles, signed editions, and books you won’t find at big-box stores.
  • Goat Hill Museum Store: Located inside the Alabama State Capitol, this shop is a must-visit for Alabama-made gifts, specialty food items, unique souvenirs, and even holiday ornaments.

Farmers Markets & Fresh Local Finds

  • Montgomery Curb Market: This indoor farmers market has been a staple for locals since 1929. Here, you’ll find seasonal fruits and vegetables, fresh-cut flowers, homemade jams, and baked goods. Many of the vendors are generational farmers, so you’re getting the best of local agriculture.
  • SweetCreek Farm Market: Tucked along the outskirts of East Montgomery, this farm-to-table gem offers everything from fresh-picked produce to homemade ice cream. Beyond the market and café, visitors can explore the fields, visit the goats and chickens, or relax in the kids’ play area.
  • Montgomery State Farmers Market: Located at 1655 Federal Drive, this state-run market offers a selection of fresh local fruits, vegetables, and specialty foods.
  • Peppertree Steaks & Wines: This is a go-to for high-quality meats, fine wines, and gourmet goods. If you’re planning a backyard BBQ or looking for the best steak in town, this is where the locals shop.
  • Filet & Vine: A Montgomery institution since 1997, Filet & Vine is part specialty market, part deli, part bottle shop.

Living Like a Local: Montgomery’s Best-Kept Secrets & Insider Tips

Want to navigate Montgomery like a pro? Whether you’re a new resident or a long-time local, these insider tips will help you make the most of the city

  • Parking is free downtown after 5 PM and on weekends. No need to worry about feeding the meter– just park and enjoy!
  • Meat-and-threes are a Montgomery staple. New to the concept? Order fried chicken, mac and cheese, turnip greens, and cornbread at Martha’s Place or Martin’s, and you’ll be eating like a true local.
  • Publix BOGO sales? You don’t have to buy two! Each item rings up at half-price, so you can stock up without overbuying.
  • Best coffee shops for working or studying? Prevail Union and Hilltop Public House both have fast Wi-Fi, great vibes, and expertly brewed coffee.
  • Beat the heat indoors! Let kids burn off energy at Fun City or MMFA ArtWorks, a hands-on children’s art experience at the Montgomery Museum of Fine Arts.
  • Want to trace your family history? You can research your Alabama roots for free in the Alabama Department of Archives and History’s Research Room.
  • The Montgomery Humane Society offers gift-wrapping services at Christmas to raise money for animals in need.

What You Should Know Before Moving to Montgomery

  • You’ll need a car! Public transportation is limited, and most residents drive everywhere. Ride-sharing services like Uber and Lyft are available but not as widespread as in larger cities. 
  • Summers are hot and humid. Expect high temperatures and intense humidity from at least May through September. A cooling towel, a good fan, and a reliable AC unit are must-haves. Fall and spring are more comfortable, but summer heat can be brutal.
  • Tornado season is real. Montgomery and the surrounding River Region experience severe thunderstorms and tornadoes in the spring and fall. Have a weather alert app downloaded, know where your nearest storm shelter is, and sign up for local emergency alerts.
  • The cost of living is low. Compared to other major Southern cities like Atlanta, Birmingham, and Nashville, Montgomery offers more house for your money, lower property taxes, and an affordable overall cost of living. 
  • Day trips are easy. Montgomery is centrally located in Alabama, making it a great home base for weekend trips to Birmingham, Atlanta, Gulf Shores, and even Nashville or New Orleans.
Guide to Buying a New Home in Montgomery

Where Locals Are Moving Next

If you’re moving to Montgomery or looking for a fresh start, New Park is one of the most sought-after communities. With modern homes, beautiful outdoor spaces, and a strong sense of community, it’s a top choice for homebuyers of all lifestyles.

Why Homebuyers Love New Park

  • Schools Nearby: Families love the convenience of Wilson Elementary School, Johnnie Carr Middle School, and Park Crossing High School, all just minutes away. Several private school options are a short drive away. 
  • Modern Homes: Built by some of Montgomery’s best homebuilders, New Park offers spacious layouts, modern features, and premium finishes. Whether you’re a first-time buyer, growing family, or downsizing, there’s a home to fit your needs.
  • Community-Centered Lifestyle: More than just a neighborhood, New Park is designed for connection. Residents enjoy amenities like a walking path, a playground, and a private community pool, making it perfect for families and outdoor lovers.
  • Prime Location in East Montgomery: New Park offers easy access to shopping, dining, and entertainment.

Ready to find your dream home? Check out our new homes for sale and schedule a tour to see why so many people are choosing New Park as their next home!

Explore Available New Homes
Schedule Your Personal Tour!

PLUS: Get Up to $20K + $5K in Closing Costs – Limited Time!

For a limited time, purchase a pre-sale or move-in-ready Lowder New Home and receive up to $20,000 to use your way! Or, build your dream home with a FINAL FOUR upgrade package. Close by April 7, 2025 for up to $5K in closing costs!

*Terms and conditions apply. Please see a sales associate for details.
**Closing cost incentives available exclusively with Preferred Lenders.

View New Park's Eligible Homes
Unlock More Incentives

Discover More New Park News

Load More

Why Pre-Approval Matters When Buying a New Home in Montgomery

Posted on January 10, 2025

man and woman smiling in front of lapatop
man and woman smiling in front of lapatop

Buying a new home in Montgomery? Securing a mortgage pre-approval is the essential first step to making your dream home a reality. Pre-approval gives you a serious advantage in today’s competitive real estate market.

Learn why pre-approval matters more than pre-qualification, and how choosing a trusted local lender in Montgomery can help you unlock exclusive incentives and a smoother homebuying experience.

Pre-Approval vs. Pre-Qualification: Why It Matters

Understanding the difference between mortgage pre-approval and pre-qualification is critical when buying a new home, especially in competitive communities like New Park. While the two terms are often confused, they carry very different weight in the eyes of sellers:

  • Pre-Qualification: A quick, informal estimate based on self-reported financial details like income and debts. Pre-qualification gives you a rough idea of your homebuying budget but is not backed by verified documentation.
  • Pre-Approval: A formal process where a lender reviews and verifies your income, credit score, assets, and debt-to-income ratio. After approval, you’ll receive an official pre-approval letter stating how much you can borrow- making you a strong, credible buyer.

A pre-approval letter is a must. Sellers prefer offers from pre-approved buyers because it shows you’re financially ready to close, reducing risks and speeding up the sales process.

Why Mortgage Pre-Approval Is Essential in Montgomery’s Competitive Real Estate Market

High demand means buyers need every advantage, and a pre-approval positions you as a serious, ready-to-move buyer. Here’s why securing pre-approval is crucial:

  1. Sets a Clear Budget: Pre-approval gives you an accurate borrowing limit based on verified financial information, helping you focus only on homes within your price range and avoid wasting time.
  2. Strengthens Your Offer: In competitive areas like East Montgomery, sellers prefer offers from pre-approved buyers. A pre-approval letter shows you are financially ready to close, making your offer stand out.
  3. Speeds Up the Closing Process: With your financials already vetted, you can move faster through the buying process once your offer is accepted- giving you a major advantage over buyers without pre-approval.

Why Choosing a Local Lender in Montgomery Gives Homebuyers a Competitive Edge

When buying a new home in Montgomery (especially in popular communities like New Park) partnering with a trusted local lender can give you a major advantage over working with national mortgage companies. Here’s why choosing a Montgomery-based lender can make your homebuying journey smoother and more successful:

  • Personalized Service: Local lenders know the Montgomery real estate market inside and out. They can offer customized advice and mortgage solutions based on your specific needs and the local housing trends.
  • Faster Communication: Working with a local lender means faster response times and more efficient processing. In a competitive market, this speed can make the difference between winning or losing your dream home.
  • Stronger Relationships: Many homebuilders and sellers in communities like New Park prefer working with buyers who use familiar, reputable local lenders. These strong relationships can lead to smoother negotiations and faster closings.

At New Park, our builders and Preferred Lenders offer exclusive buyer incentives like lower interest rates, reduced closing costs, and even premium home upgrades- available only to those who work with our trusted partners.

Find Your Dream Home at New Park in East Montgomery

New Park in East Montgomery offers the perfect blend of serene living and modern amenities, attracting families, young professionals, military members, and retirees alike. 

Whether you’re upgrading to a larger home or buying your first home in Montgomery, having a mortgage pre-approval letter in hand is essential. Pre-approval ensures you can move quickly and confidently when you find your perfect home at New Park- giving you a crucial edge in today’s competitive real estate market.

Explore Available New Homes
Schedule Your Personal Tour!

PLUS: Limited Time Homebuying Incentives

Take advantage of limited-time homebuying incentives from trusted Montgomery homebuilders and Preferred Lenders to make your new home purchase more affordable. At New Park, you can enjoy luxurious upgrades, lower your interest rate, or even eliminate closing costs- making it easier to move into your dream home.

*Terms and conditions apply. Please contact for details.

View New Park's Eligible Homes
Unlock Incentives

Discover More New Park News

Load More

Limited Offer- Up to $25,000 in Buyer Incentives

Posted on January 10, 2025

lowder new home incentives

Up to $25,000 in Buyer Incentives

New Park is excited to share this exclusive opportunity, available through one of our premier builders, Lowder New Homes, and their Preferred Lenders. Take advantage of up to $25,000* in incentives to help make your dream home a reality:

  • Save on Interest Rates: Work with Lowder’s Preferred Lenders to lower your interest rate by up to 2 points—saving you hundreds monthly and thousands over the next two years, all at no extra cost.
  • Upgrade Your Dream Home: Enjoy up to $20,000 in upgrades, courtesy of Lowder New Homes. Whether it’s hardwood floors, luxury lighting, or premium countertops, you can create the space you’ve always wanted.
  • Reduce Closing Costs: Preferred Lenders will also contribute up to $5,000** toward your closing costs, so you can keep more money in your pocket.

With savings and upgrades totaling up to $25,000, now is the perfect time to move into a New Park home!

*Terms and conditions apply. Please see a sales associate for details.
**Closing cost incentives available exclusively with Preferred Lenders.

lowder new home incentives
Contact New Park to Learn More!

Complete Guide to Buying a New Home in Montgomery, AL

Posted on November 1, 2024

collage of buying a new home in new park in montgomery al
collage of buying a new home in new park in montgomery al

Buying a home in Montgomery, Alabama is an exciting step toward building the lifestyle and community you’ve always dreamed of. Whether you’re a first-time buyer or looking to upgrade, this complete guide will walk you through every stage- from setting a realistic budget and getting pre-approved for a mortgage to exploring Montgomery’s best neighborhoods and making a confident offer.

Along the way, you’ll discover why New Park is one of East Montgomery’s top choices for new homeowners. With its prime location, family-friendly amenities, and welcoming atmosphere, New Park is a place to truly belong. Ready to find your new home in Montgomery? Let’s get started!

How to Set a Homebuying Budget in Montgomery, AL

Setting a clear and realistic budget is one of the most important first steps in your homebuying journey. Understanding what you can comfortably afford helps you focus on new homes in Montgomery that align with your financial goals. Here’s how to create a smart homebuying budget:

  • Estimate Monthly Mortgage Payments: Partner with a trusted local lender in Montgomery to calculate an estimated monthly mortgage payment. Factors like the loan amount, interest rate, and loan term will help you determine what fits comfortably within your income.

  • Plan Your Down Payment: Down payments typically range from 3.5% to 20% of the home’s purchase price. A larger down payment can lower your monthly mortgage costs and help you qualify for better interest rates.

  • Consider Property Taxes: Montgomery is known for relatively low property taxes compared to national averages. Be sure to factor these into your monthly housing expenses to avoid unexpected costs.

  • Factor in Homeowners Insurance and Mortgage Insurance (PMI): Including these insurance costs in your financial plan gives you a more complete picture of your monthly obligations.

  • Understand HOA Fees: Some neighborhoods, like New Park in East Montgomery, have HOA fees that cover amenities such as pools, parks, and landscaping. Always include these fees when planning your monthly housing costs.

Why Mortgage Pre-Approval Is Essential for Buying a Home in Montgomery, AL

After defining your budget, the next crucial step is securing a mortgage pre-approval. Getting pre-approved not only gives you a clear financial framework but also strengthens your position in Montgomery’s competitive real estate market. Here’s why pre-approval matters:

  • Proves You’re a Serious Buyer: A pre-approval letter shows sellers that you’re financially qualified to purchase a home. In competitive areas like East Montgomery, this can make your offer stand out over others.
  • Sets Clear Expectations: Pre-approval gives you a precise understanding of your purchasing power, allowing you to focus only on homes within your approved price range and avoid wasted time.
  • Speeds Up the Closing Process: Because your financial documentation is already vetted, pre-approval helps streamline the closing process once you find your ideal home, reducing the risk of delays.

By staying informed and working with local experts, you’ll have the insights you need to find the perfect home and make a smart investment in Montgomery.

How to Navigate the Montgomery, AL Real Estate Market as a Homebuyer

Montgomery’s real estate market offers exceptional value across a wide range of price points, making it a great place to find your next home. Whether you’re buying your first house or moving to a new neighborhood, here’s how to make the most of Montgomery’s housing market:

  • Work with a Local Agent: Partnering with a knowledgeable agent familiar with Montgomery an help you find hidden opportunities, secure better deals, and smoothly navigate the buying process.
  • Compare Different Montgomery Neighborhoods: Each Montgomery neighborhood offers unique advantages and pricing. East Montgomery, home to New Park, stands out for its combination of accessibility and strong community atmosphere.
  • Stay Updated on Market Trends: Understanding local real estate trends such as average days on market, pricing shifts, and inventory levels can help you time your offer strategically and negotiate more effectively.

How to Choose the Right Neighborhood in Montgomery, AL

Choosing the right neighborhood is one of the most important decisions you’ll make when buying a home in Montgomery. The community you select should align with your lifestyle, needs, and future goals. Here’s how to narrow down your options and find the perfect fit:

  • Identify Your Priorities: Think about what matters most- proximity to  schools, easy access to shopping and dining, nearby parks and green spaces, or a quiet, family-friendly environment. Communities like New Park in East Montgomery offer a rare blend of convenience, beauty, and peace of mind.
  • Explore Master-Planned Communities: Master-planned communities such as New Park are thoughtfully designed to support a variety of lifestyles. At New Park, you’ll enjoy amenities like a scenic 14-acre lake, a private neighborhood pool, and a playground, all created to foster connection and relaxation.
  • Find a Community for Your Life Stage: Whether you’re buying your first home, expanding for a growing family, or looking to downsize, New Park offers flexible living options. Choose from move-in-ready homes or customizable new builds that fit your life stage and evolving needs.
Explore New Park

How to Identify Your Ideal Home Preferences in Montgomery, AL

Finding the perfect home starts with clearly defining your needs and preferences. When searching for new homes in Montgomery, knowing what you want will make the process faster, easier, and more rewarding. Here’s how to get started:

  • Decide on Home Size and Layout: Consider how many bedrooms and bathrooms you need based on your current lifestyle and future plans. Think about whether you prefer an open-concept floor plan or more traditional, defined spaces. New Park offers a wide variety of thoughtfully designed floor plans. 
  • Choose Your Style: Montgomery’s housing options range from classic Southern charm to sleek, modern designs. Selecting a style that resonates with your personal taste will make your new home feel truly yours.
  • New Build vs. Move-In Ready: Move-in-ready homes are perfect for buyers who want to settle quickly, while a new construction home offers the flexibility to customize features to match your vision. At New Park, you’ll find both beautifully finished homes and customizable new builds, allowing you to choose the path that fits your timeline and lifestyle.

By defining your home preferences early, you’ll streamline your home search and focus only on properties that truly meet your needs.

Tour Available Homes in Montgomery, AL: What to Look For

Once your budget and home preferences are set, the next exciting step is to tour available homes. Visiting homes in person lets you experience the layout, finishes, and overall vibe firsthand. Here’s what to focus on during your home tours:

  • Pay Attention to Layout and Flow: Walk through each room and notice how the spaces connect.  A functional layout is key to long-term satisfaction.
  • Examine Finishes and Craftsmanship: Look closely at important details like cabinetry, flooring, countertops, and fixtures. High-quality finishes reflect the home’s construction standards and give you peace of mind about your investment.
  • Envision Daily Life in Each Space: Imagine how you would use each space throughout the day- from your morning coffee spot to winding down in the evenings. Touring homes in person helps you determine whether a property truly feels like home.

At New Park in East Montgomery, touring available homes also gives you the opportunity to explore our master-planned community amenities.

Schedule Your Personal Tour!

How to Write a Strong Offer and Contract When Buying a Home in Montgomery, AL

Once you find your dream home in Montgomery, it’s time to move quickly and confidently. Writing a competitive offer is crucial, especially in high-demand areas like East Montgomery and communities such as New Park. Partnering with a knowledgeable local real estate agent will give you a major advantage during this important step. Here’s how to approach writing your home purchase contract:

  • Work Closely with Your Agent to Craft a Competitive Offer: Your agent will review comparable home sales, current market trends, and neighborhood specifics to help you submit a strong, competitive offer that appeals to sellers.

  • Include Essential Contingencies for Protection: Key contingencies such as a home inspection, financing approval, and a professional appraisal help protect your investment and ensure you can negotiate or walk away if issues arise.

  • Negotiate Closing Costs and Possible Upgrades:
    Depending on market conditions, you may be able to request that the seller cover part of your closing costs or include upgrades like fencing, blinds, or appliance packages to enhance the value of your new home.

A well-structured offer backed by market insights will increase your chances of securing your ideal home in Montgomery while protecting your interests throughout the process.

How to Finalize Your Home Purchase and Plan Your Move to New Park in Montgomery, AL

Congratulations- your dream home in Montgomery is almost yours! After signing the purchase contract, a few important steps remain before you can officially move in and start enjoying everything communities like New Park have to offer. Here’s what to expect as you finalize your home purchase:

  • Schedule a Home Inspection: A professional inspection checks the property’s structure, major systems, and safety features to ensure everything is in good working order before you proceed.
  • Arrange for an Appraisal: Your mortgage lender will order an appraisal to confirm that the home’s market value matches the agreed purchase price- an essential step for loan approval.
  • Complete a Final Walkthrough: Before closing, you’ll conduct a final walkthrough to verify that all agreed-upon repairs have been completed and that the home is move-in ready.
  • Sign and Close the Sale: With financing finalized and documents reviewed, you’ll attend closing, sign the necessary paperwork, and officially take ownership of your new home in Montgomery!

After closing, it’s time to plan your move and start settling into New Park. With family-friendly amenities and nearby access to schools, shopping, and dining, New Park offers a welcoming, vibrant community you’ll be proud to call home.

Why New Park Is One of the Best Places to Live in Montgomery, AL

When it comes to finding the perfect community in Montgomery, New Park stands out for its unbeatable blend of comfort, convenience, and connection. Located in the heart of East Montgomery, New Park offers everything you need to build a fulfilling lifestyle. Here’s why so many homebuyers are choosing New Park:

  • Prime Location: New Park is ideally located near schools, shopping, dining spots, and recreational areas, making everyday life easy, enjoyable, and convenient.
  • Quality Homes for Every Life Stage: Whether you’re a first-time buyer, growing your family, or downsizing, New Park offers a variety of thoughtfully designed homes. Choose from flexible floor plans and customizable options that allow you to create a space that feels truly personal.
  • Family-Friendly Amenities: Residents enjoy a 14-acre scenic Chastain Lake, a private neighborhood pool, and a playground designed to promote relaxation, recreation, and connection among neighbors.
  • A Welcoming Community: New Park is a place where neighbors become friends. With shared spaces, community events, and a strong focus on safety and support, New Park fosters a sense of belonging you’ll feel from day one.

If you’re searching for a new home in Montgomery, New Park offers the perfect mix of location, lifestyle, and community spirit to make you feel right at home.

View Available Homes

Montgomery, AL Homeownership FAQs: What You Need to Know Before Buying

How much does it cost to buy a new home in Montgomery, Alabama?

The cost of buying a new home in Montgomery depends on location, size, and amenities. East Montgomery offers excellent value across a range of price points. At New Park, new homes start in the mid-$300,000s, giving buyers flexible options to fit various budgets. 

What are the best mortgage rates for buying a home in Montgomery?

Mortgage rates can vary depending on your lender, credit score, and market conditions. To find the best mortgage rates in Montgomery, shop around and compare multiple lenders. Getting pre-approved through a local Montgomery lender can also give you access to competitive rates and more personalized loan options.

How do I decide between a new build and a move-in-ready home?

If you’re looking to move quickly, a move-in-ready home is ideal. If you want to customize features and finishes, a new build may be the better choice. At New Park, we offer both move-in-ready homes and customizable new construction homes so you can choose what fits your timeline and vision best.

How do I know what monthly mortgage payment I can comfortably afford?

Work with a local Montgomery lender to evaluate your income, debts, property taxes, homeowners insurance, mortgage insurance (PMI), and HOA fees. Understanding your complete monthly financial commitment ensures you stay within your comfort zone and avoid surprises later.

What are the benefits of working with a local real estate agent when buying a new home in Montgomery?

A local agent provides in-depth knowledge about Montgomery’s neighborhoods, market conditions, and pricing trends. They can guide you toward the best deals, negotiate effectively, and help you navigate the buying process with confidence- especially in competitive areas like East Montgomery and New Park.

Are there homebuyer incentives available when purchasing a new home in Montgomery?

Yes! Some builders and lenders offer valuable incentives, such as assistance with closing costs, interest rate reductions, or free upgrades. At New Park, we often feature special promotions that make purchasing a new home even more affordable. Visit our incentives page for the latest offers.

What hidden costs should I plan for when buying a new home in Montgomery?

In addition to your mortgage payment, plan for property taxes, homeowners insurance, mortgage insurance (if applicable), HOA fees, closing costs (typically 2–5% of the home price), utilities, and future maintenance. Factoring in these costs early helps you create a realistic and stress-free homeownership budget.

PLUS: Limited-Time Homebuying Incentives!

Ready to make your dream of homeownership more affordable? Take advantage of exclusive homebuying incentives from trusted Montgomery homebuilders and Preferred Lenders at New Park. For a limited time, you can enjoy valuable benefits like luxurious home upgrades, lower interest rates, and even reduced or eliminated closing costs.

View New Park's Eligible Homes
Unlock Incentives

Discover More New Park News

Load More

$5,000 Closing Cost Assistance- Explore Renasant’s Mortgage Resources

Posted on September 3, 2024

Closing Cost Assistance with Renasant Bank

Unlock Up to $5,000 in Closing Cost Assistance With Renasant Bank!

Eligible homeowners can use this assistance toward essential expenses like home appraisals, recording fees, and other one-time costs, making your path to homeownership even smoother.

Borrower Eligibility: To qualify for Renasant’s Closing Cost Assistance, borrowers must be approved for a mortgage loan product with Renasant Mortgage Lending. Eligible products include Conventional, FHA, VA, and USDA loans.

Property Eligibility: This offer is available to qualified borrowers purchasing their primary residence. Please note that geographic restrictions apply.¹

Learn more and see if you pre-qualify! 

Why Choose New Park?

New Park, a master-planned neighborhood in East Montgomery, Alabama, is designed to accommodate every stage of life with its serene landscaping, sparkling Chastain Lake, inviting neighborhood pool with a splash pad, and versatile clubhouse. Enjoy neighborhood amenities like the ParkPlayce playground, scenic 1-mile walking path, and easy access to nearby schools, the YMCA, and premier shopping, dining, and entertainment options.

 

Closing Cost Assistance with Renasant Bank

¹Property must be located in a Low-to-Moderate Income or Majority Minority Census Tract as defined by the U.S. Census Bureau and within a Renasant Bank assessment area.

©2024 Renasant Bank. NMLS 402669. All loans or offers of credit are subject to credit and underwriting approval. Additional fees, conditions, and restrictions may apply. This is not a commitment to lend.

 

$500 Lowder New Homes Military Upgrade Incentive

Posted on August 23, 2024

woman in military uniform hugging and kissing her child

Military families often encounter unique challenges when relocating, from finding the right home in a short time frame to ensuring their new community meets their family’s needs. The pressure to make quick decisions can add significant stress to an already demanding process.

As a token of appreciation for your service and sacrifices, Lowder New Homes is offering an additional $500 toward any current upgrade offer in select neighborhoods, including the beautiful New Park community. It provides you with extra flexibility to enhance your new home with features that matter most to you and your family.

Why Choose New Park?

New Park, a master-planned neighborhood in East Montgomery, Alabama, is designed to accommodate every stage of life with its serene landscaping, sparkling Chastain Lake, inviting neighborhood pool with a splash pad, and versatile clubhouse. Enjoy neighborhood amenities like the ParkPlayce playground, scenic 1-mile walking path, and easy access to nearby schools, the YMCA, and premier shopping, dining, and entertainment options.

Learn more and explore the best options for you!

 

woman in military uniform hugging and kissing her child

*Seller concessions are limited by law and therefore certain restrictions and limitations apply. Homes and home sites currently under contract do not qualify. Home and community information, including pricing, features, amenities, terms, and availability are subject to change at any time without notice or obligation. This offer or incentive is not redeemable for cash or credit against the purchase price. 

New Construction vs. Resale Homes: Pros and Cons for Buyers in Montgomery

Posted on August 15, 2024

couple pointing at new construction home
couple pointing at new construction home

When it comes to buying a home in Montgomery, Alabama, one of the first decisions you’ll need to make is whether to purchase a resale property or a new construction home. Both options offer unique advantages and come with their own set of considerations. Understanding the pros and cons of each can help you make the best decision for your situation.

Why New Park is the Ideal Choice for New Construction Homes in Montgomery, AL

New Park offers an exceptional living experience that combines modern amenities, low maintenance, and a vibrant community atmosphere. Here’s why New Park stands out:

  • Modern Amenities and Low Maintenance: With new construction comes the benefit of modern amenities and energy-efficient systems that reduce your utility costs and maintenance worries. New Park’s new construction homes are designed to provide a comfortable, convenient lifestyle with minimal upkeep.
  • Vibrant Community: New Park’s thoughtfully planned community is designed to meet the needs of families and individuals at every stage of life. Whether you’re strolling by the lake, enjoying the neighborhood pool, or attending community events, you’ll find that New Park offers premium community amenities and a welcoming atmosphere that enhances your daily life.
  • Prime Location: Situated in East Montgomery, New Park offers easy access to everything you need, from schools to fitness facilities to shopping and entertainment. This prime location ensures that you can enjoy the best of Montgomery.

If you’re looking for a home that aligns with your lifestyle and offers the benefits of modern design in a thriving community, buying a new construction home in New Park might be the perfect choice! Discover your dream home in New Park.

Pros and Cons of Buying a New Construction Home

Pro: Pristine, Move-In Ready Condition

New construction homes are built from the ground up with brand-new materials, ensuring that everything from the roof to the foundation is in perfect condition. The appliances, plumbing, electrical systems, and even the paint on the walls are all untouched by previous occupants, eliminating any concerns about wear and tear or hidden issues that can sometimes come with older homes.

This fresh start means you won’t need to spend time or money on repairs, renovations, or updates before moving in. Whether it’s the floors, countertops, or fixtures, everything in a new construction home is clean, modern, and ready for you to make it your own. 

Pro: Modern Features and Energy Efficiency

New construction homes are designed with modern living in mind, incorporating the latest technology, design trends, and energy-efficient features. Modern kitchens, bathrooms, and living areas are designed with features like large islands, walk-in closets, and spacious showers that enhance comfort and convenience.

Energy efficiency is another major advantage of new construction homes. Built with high-performance windows, better insulation, and state-of-the-art HVAC systems, these homes are designed to minimize energy consumption and reduce utility costs. Many new homes also come equipped with energy-efficient appliances, LED lighting, and even smart home systems. These features not only provide a more comfortable living environment but also contribute to lower utility bills and a smaller environmental footprint.

Pro: New Home Warranties

New construction home warranties often include coverage for major systems such as the HVAC, plumbing, and electrical, as well as structural components like the foundation and roof. The peace of mind that comes with these warranties cannot be overstated, as they protect you from unexpected repair costs during the initial years of homeownership.

Many new home builders also offer a builder warranty that covers any defects in materials or craftsmanship. This means that if you encounter any issues with the quality of the construction, the builder will address and resolve them at no additional cost to you.

Energy efficiency is another major advantage of new construction homes. Built with high-performance windows, better insulation, and state-of-the-art HVAC systems, these homes are designed to minimize energy consumption and reduce utility costs. Many new homes also come equipped with energy-efficient appliances, LED lighting, and even smart home systems. These features not only provide a more comfortable living environment but also contribute to lower utility bills and a smaller environmental footprint.

Con: Higher Initial Investment

New construction homes often come with a premium price tag compared to resale properties, primarily due to the new materials, modern designs, and advanced technologies used in their construction. While basic models may come with standard features, many buyers choose to personalize their homes with higher-end finishes, upgraded appliances, and custom layouts, all of which can add to the overall cost.

While the upfront costs may be higher, new construction homes typically offer significant savings over time due to their energy efficiency and lower maintenance needs. Modern insulation, windows, and HVAC systems help reduce utility bills, and the brand-new condition of the home means fewer repairs and replacements in the first few years of ownership. For many buyers, the long-term savings and the ability to move into a home that perfectly suits their needs justify the higher initial investment.

Con: Limited Room for Negotiation

New home builders set prices based on the costs of materials, labor, and the value of the land, leaving little room for negotiation. Additionally, while builders might offer new home buying incentives such as closing cost assistance or upgrades, these offers are often predetermined and may not be tailored to individual buyers’ needs.

This fixed pricing structure can be a downside for buyers who are accustomed to the negotiation flexibility often found in the resale market. It’s important to remember that while the price of a new construction home might be less negotiable, the value often lies in the quality of the materials, the latest technology, and the peace of mind that comes with a new build.

Con: Waiting Period for Completion

Unlike resale homes, which are typically ready for immediate occupancy, new construction homes often require several months of building time before they are move-in ready. This waiting period can vary depending on the size of the home, the complexity of the design, and the builder’s schedule.

For buyers who need to relocate quickly, this waiting period can be a major inconvenience. It’s important to weigh this against the benefits of getting a home that’s built to your specifications and equipped with the latest features. While the wait can be challenging, the reward is a home that is perfectly tailored to your tastes and lifestyle.

Pros and Cons of Buying a Resale Home

Pro: Immediate Availability

One of the biggest advantages of purchasing a resale home is the immediate availability. Resale homes are typically move-in ready as soon as the purchase is finalized. This can be particularly beneficial for buyers who need to relocate quickly due to job changes, family needs, or other time-sensitive circumstances. Immediate availability means you can start enjoying your new home and settling into your neighborhood right away.

There’s also a certain comfort in being able to walk through the home and see exactly what you’re getting. Unlike new construction, where you might be relying on floor plans and renderings, a resale home allows you to experience the space as it is, making it easier to visualize your life there.

Pro: Potential for Negotiation

Sellers of resale homes may be willing to negotiate, particularly if the home has been on the market for a while. This can create opportunities for buyers to secure a better deal, whether through a lower purchase price, seller-paid closing costs, or other concessions. Buyers of resale homes can also often negotiate for the inclusion of certain fixtures, appliances, or even furniture as part of the sale.

Pro: Potential for Instant Equity

If you buy a home in need of cosmetic updates, you can quickly increase its value through renovations like new flooring, updated kitchens, or modernized bathrooms. This can be a smart investment strategy, allowing you to build equity faster than with a new construction home, where the purchase price reflects the home’s brand-new condition and market value.

For handy buyers or those willing to take on a bit of work, resale homes can offer a unique opportunity to purchase a home below market value and add personal touches that increase its worth. This potential for instant equity can be particularly appealing in a rising market, where home values are expected to appreciate.

Con: Potential for Hidden Costs

While a resale home may appear well-maintained during your initial walkthrough, underlying issues might not become apparent until after you’ve moved in. Common areas of concern include outdated plumbing, electrical systems, roofing, and HVAC units that may be nearing the end of their lifespan.

Additionally, older homes often come with appliances and fixtures that are no longer under warranty and may need to be replaced sooner than those in a new construction home. These hidden costs can add up quickly, turning what seemed like a good deal into a financial burden. A thorough home inspection is crucial, but even with an inspection, some issues may not be discovered until after you’ve settled in.

Con: Limited Customization Options

When you purchase a resale home, you are essentially buying someone else’s vision of what a home should be. The layout, room sizes, and overall design are already set, leaving little room for immediate customization without embarking on costly renovations. This lack of flexibility is a notable downside compared to the customization options available with new construction homes. 

Con: Higher Maintenance Requirements

Resale homes generally require more maintenance and upkeep than new construction homes. This might include re-roofing, repainting, or replacing worn-out flooring. For buyers who prefer a low-maintenance lifestyle, these ongoing demands can be a significant drawback, especially when compared to the lower maintenance requirements of a new construction home where everything is brand new and under warranty.

PLUS: $25,000 When You Build or Buy– More in 2024!

Lowder New Homes is offering up to $25,000 for buyers to use towards the purchase of a pre-sale or move-in ready home in participating neighborhoods like New Park when you work with a Preferred Lender! This generous incentive can be applied towards upgrades, reducing your interest rate, covering closing costs, and more.

Learn more and start building your future in New Park!

Discover More New Park News

Load More

$25,000 Lowder New Homes Incentive

Posted on August 9, 2024

lowder new homes 2024 incentives

lowder new homes 25,000 incentive offer

Lowder New Homes is offering up to $25,000 for buyers to use towards the purchase of a pre-sale or move-in ready home in participating neighborhoods like New Park when you work with a Preferred Lender.

This generous incentive can be applied towards upgrades, reducing your interest rate, covering closing costs, and more when you work with a Preferred Lender.

Why Choose New Park?

New Park, a master-planned neighborhood in East Montgomery, Alabama, is designed to accommodate every stage of life with its serene landscaping, sparkling Chastain Lake, inviting neighborhood pool with a splash pad, and versatile clubhouse. Enjoy neighborhood amenities like the ParkPlayce playground, scenic 1-mile walking path, and easy access to nearby schools, the YMCA, and premier shopping, dining, and entertainment options. Your new home in Montgomery awaits!

Speak with an LNH agent or a Preferred Lender today to learn more and explore the best options for you!

 

Lowder New Homes Preferred Lenders

This offer applies to pre-sale and move-in ready homes in participating neighborhoods that are financed through a Lowder New Homes Preferred Lender only. Lowder New Homes is offering up to $20,000 in buyer incentives and our Preferred Lenders are offering up to $5,000 to help cover closing costs for a total of up to $25,000. Seller concessions are limited by law and therefore certain restrictions and limitations apply. Homes and home sites currently under contract do not qualify. Home and community information, including pricing, features, amenities, terms, and availability are subject to change at any time without notice or obligation. Lowder New Homes reserves the right to modify or terminate any promotion without notice. This offer or incentive is not redeemable for cash and cannot be combined with another offer.

Why Montgomery Homebuyers Prefer Local Mortgage Lenders

Posted on April 24, 2024

family meeting with local mortage lender

family meeting with local mortage lender

As you navigate the intricate process of buying your dream home, there’s one critical aspect that deserves your attention: choosing the right mortgage lender. Jimmy Parsons, Branch Manager and Mortgage Advisor at Guild Mortgage, shared invaluable insights with us into why opting for a local lender can be the game-changer you need on your home buying journey.

 

Let’s talk about why partnering with a local lender should be your top priority when securing a mortgage for your New Park residence– or any home in Montgomery!

 

1. Customization

Mortgages are far from one-size-fits-all. Working with a local lender allows for the tailoring of mortgage loan programs to perfectly align with your financial goals and budget. “A knowledgeable local lender will help you select the most advantageous loan structure, saving you a substantial amount of money, both now and in the future,” Parsons explained. 

2. Enhanced Offer Acceptance

In Montgomery’s competitive real estate market, quick offer acceptance is key. Local lenders often have strong relationships with listing agents, increasing the likelihood of your offer standing out. When agents recognize and trust your lender, your offer gains a competitive edge.

3. Seamless Closings

Closing on a home can feel daunting, but it can be a smooth process with the right support. Thanks to their partnerships with local closing attorneys, local lenders ensure a streamlined closing process. Their familiarity with local procedures eliminates unnecessary delays, guaranteeing a seamless experience for you.

4. Accurate Cost Estimates and Expert Valuations

Unexpected costs during closing are every homebuyer’s nightmare. Parsons shared, “With an intimate knowledge of closing costs, local lenders provide the most precise estimates, avoiding any unpleasant surprises.” They also collaborate with local appraisers who understand the area’s nuances, ensuring accurate property valuations.

5. Personalized Service and Trusted Connections

Need to discuss your mortgage options face-to-face? No problem. Local lenders offer personalized service and the convenience of in-person consultations. They can also connect you with other essential local service providers, from home insurance to pest control and repairs. 

Partnering with a local lender isn’t just about saving money- it’s about saving time, reducing stress, and making your home buying experience as rewarding as it should be. When it comes to choosing a mortgage lender for your New Park home, choose smart and choose local. Your future self will thank you for it!

Ready to explore the possibilities of homeownership in New Park? Get started on your home buying journey!

BONUS: Hear expert insights directly from Jimmy Parsons, Branch Manager and Mortgage Advisor at Guild Mortgage!

PLUS: Should You Talk to a Lender or a Real Estate Agent First?

Unlock the secrets to a smoother homebuying journey! Find out why the order of your approach matters and how making the right choice could save you time, money, and stress.