Realtor.com

OCTOBER 15, 2020

fstop123/Getty Images Few things are as exciting as purchasing a newly constructed home. However, just because a house is new doesn’t mean it’s free of flaws. There are a lot of factors that could make a brand-new home a less than ideal purchase. Do the materials and style of construction match the neighborhood?”

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Redfin

JUNE 13, 2022

Come prepared with a new construction walkthrough checklist and you’ll know exactly what to look for ahead of time. You might hear a new construction walkthrough called a “blue tape walkthrough.” Blue tape walkthroughs only apply to new construction homes. ” Why?

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Housing Wire

FEBRUARY 22, 2024

Balancing supply and demand is a delicate dance between new construction and existing properties. Notably, property risk calls for thorough inspection, preservation, and maintenance to limit liability. Demand for existing homes — including REO assets — outpaces the available supply. territories.

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Realtor.com

JUNE 24, 2021

Nicole and Pat, however, were able to buy their house for just over half that sum by choosing new construction. The Krouses’ new-construction home in South Austin, TX Nicole Krouse. We were visiting some friends who had just moved into a new build in a part of South Austin that’s underdeveloped right now.

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Housing Wire

DECEMBER 8, 2023

Should they consider new construction? Guide them through escrow Once you’ve won the offer, help your clients through the contingencies, inspections, the appraisal process and the final walk-through. With a changing market, home inspections are now becoming a secondary point of negotiation.

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HomeLight

JUNE 21, 2021

Buying a house is always an emotional cocktail of excitement and stress, but doubly so when it’s a new-construction home. Since it’s tough to know exactly what to look for before taking the keys to your new home — especially if this is your first time building a house — we’re here to help. Home inspections vs. walkthroughs.

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Housing Wire

JANUARY 10, 2024

Add a welcoming doormat, some potted plants on the porch or a new doorknocker for example. Get the home pre-inspected and remedy any items that could wreck the deal later on. Offer a copy of the inspection along with receipts of any recent repairs when you start showing the home. So how can you deliver?

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Housing Wire

NOVEMBER 7, 2023

Though this seems like a whole new stress-inducing worry for many real estate agents , the fact is that commissions have never been a set amount, just an expectation or a tradition in many markets. Manage the inspection process so they don’t freak out over small items. Find them their dream home. Be a matchmaker. Overcommunicate.

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Realtor.com

SEPTEMBER 18, 2020

When we finally did go under contract on this third home, we learned of another issue: Home inspectors in the area were booked for two weeks and up, but our contract stated that we had only seven days to get an inspection done. We got lucky, but it left me wondering: Is it ever OK to waive a home inspection?

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Redfin

OCTOBER 11, 2023

Whether you’re eyeing homes for sale in Reno’s picturesque neighborhoods or considering houses in Las Vegas’ bustling cityscape, a thorough Nevada home inspection needs to be on your homebuying to-do list. This crucial step can make all the difference in ensuring your new abode is a sound investment and a safe haven.

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RIS Media

JULY 8, 2021

HomeTeam Inspection Service of Kentuckiana Owner Brad Lawler explains why potential buyers should never skip a home inspection, even when housing inventory is scarce. “Waiving an inspection can open a buyer up to unforeseen costs down the road that could have otherwise been avoided.” ” 2. .”

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Redfin

AUGUST 23, 2023

Among the crucial steps that potential homeowners must undertake, a comprehensive home inspection is one of the most important. Why should you get a home inspection in Ohio? Getting a home inspection in Ohio is essential for uncovering potential issues that might not be visible during a casual walkthrough.

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Redfin

OCTOBER 3, 2023

Within this vibrant market, the home inspection phase emerges as a pivotal step for both buyers and sellers alike. For buyers, a home inspection serves as a blueprint, revealing potential issues and guiding them towards informed investments. Why should you get a home inspection in North Carolina?

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Housing Wire

JULY 20, 2023

For most agents, that’s the end of the conversation, ending the possibility of taking a new listing as well as facilitating the buyer side. Build a home instead of chasing after the scarce resale inventory 30% of available homes are new construction, so there are several advantages to this option. Next, the house is new.

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Realty Biz

OCTOBER 21, 2023

Development financing for larger new construction projects and alternative financing approaches should also be considered. A spec home is a newly constructed residential property built by a developer or builder without a buyer already in place. What is a Spec House? The definition of a spec house is straightforward.

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Redfin

MARCH 18, 2021

It’s easy to get caught up in the excitement of buying a home, but you’ll want to make sure you include a home inspection in your list of priorities to avoid any potential issues or unforeseen costs as you get further into the homebuying process. . A general home inspection is almost always recommended for anyone buying a home.

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Housing Wire

MARCH 2, 2022

Without effective and properly enforced regulations — including peer-reviewed engineering and licensed inspections — we risk catastrophes like the Champlain Towers collapse. Each new regulation raises the cost to build, reducing yield and deterring investment — and as developers build fewer homes, the cost of housing increases.

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Realty Biz

AUGUST 29, 2023

We will provide the best tips to ensure a smooth construction process. Before starting, one of the most vital things to consider is how much it costs to build a new home. Understanding the Construction Process When embarking on the journey of building a new house, it is crucial to have a solid understanding of the construction process.

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The Residential Specialist

FEBRUARY 26, 2021

New home construction has become an enticing option for buyers—and right now the market is surging. Even before the coronavirus pandemic put unanticipated stress on the housing market by reducing inventory and increasing prices, new home construction was an enticing option for many prospective homebuyers.

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Rent, Buy & Sell

NOVEMBER 5, 2022

The home-buying process involves many important decisions but the first decision you should make is whether you want to build a new home or buy an existing home. Building a New Home. So you want a home that is brand new rather than one that has been previously lived in. New Construction Home. Self-built home.

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McKissock

JANUARY 11, 2022

While most appraisals only require a single field visit—and in some cases none—when it comes to appraising new construction, you may need to visit the property several times. You will also need to conduct a final inspection. Inspection during construction. Final inspection. Be completely honest.

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Realty Biz

MAY 13, 2022

Building a new home is likely one of the biggest investments you will make, therefore it’s vital that you choose the right home builder. To make the process easier for you, we’ve detailed the top five factors you should consider when selecting a builder for your new home. The best builders use only the highest quality materials.

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Marco Santarelli

APRIL 26, 2024

Oestreicher aptly describes Portland as a treasure trove of experiences, where every corner offers something new to explore. While New Hampshire and Massachusetts serve as primary sources of migration into Portland, affluent individuals from California , Florida , and beyond are also gravitating towards the city's real estate market.

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Windemere Buying

JANUARY 22, 2024

As you weigh the option between a new build or an older resale, here are six differences to note. The Neighborhood Surprisingly, one of the biggest factors in choosing a new home isn’t the property itself, but rather the surrounding neighborhood. But if you are willing to adapt, then the options are wide open.

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Windemere Buying

APRIL 26, 2023

However, the process of buying a fixer-upper comes with additional responsibilities compared to properties in better condition or new construction homes. Extra consultations, inspections, and appraisals are often required in the loan process, but they help guide the work and resulting home value.

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Real Trends

AUGUST 25, 2022

The good news for buyers is that inventory has been trending upward the last couple of months. Also, fewer buyers are removing home inspection and appraisal contingencies. Real estate and mortgage professionals must know a lot about what affects the real estate market — both locally and nationally. Housing is expected to appreciate.

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HomeLight

AUGUST 17, 2022

Buying a new construction home can be intimidating. If decisions aren’t your thing, you might be able to buy a new construction home that is already built and ready for you to move in. Find a buyer’s agent who works with new construction. Find a Buyer's Agent to Help You Buy A New Construction Home.

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HomeLight

JUNE 30, 2021

For new construction, the builder may be at fault. If you’ve purchased a new-construction home, good on you for getting an inspection –– not all buyers do! That’s why builders usually include a home warranty for new owners –– because it’s quite possible that problems will pop up as the seasons change.

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Real Trends

OCTOBER 21, 2022

The bottom line, they won’t be flooding the market with new construction. Do reach out to all of your buyer prospects and let them know that there are a lot more homes to choose from, they probably won’t be in a bidding war, they actually get to have a home inspection and they won’t have to pony up for the appraisal gap.

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HomeLight

OCTOBER 17, 2022

Georgia home sellers are obligated to inform buyers of any known material defects in the home’s condition that would not be found by a buyer upon reasonable inspection. DISCLAIMER: As a friendly reminder, this blog post is meant to be used for educational purposes only, not legal advice. What is a seller’s disclosure? Find Agent.

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HomeLight

MAY 28, 2021

Inspections. Home inspections are the best way for a buyer to prevent getting a “lemon” house. Basic home inspections don’t cover everything , though. In a fast-paced seller’s market, sometimes buyers will forgo an inspection contingency in order to make their offer more attractive to the seller. Seller disclosures.

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HomeLight

JULY 31, 2020

The average cost of building a new house can range between $165,563 and $474,977 , and it could save you up to 15% in comparison to buying an existing home — but what do you know about the new construction homebuying process? Have you weighed all the pros and cons of buying new? Pros of new construction.

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Real Trends

DECEMBER 21, 2022

Riddle also sold a new construction home in LA for around $24 million, representing both the buyer and the seller. This November, The Agency expanded into title insurance, mortgage, escrow, home inspection and home warranty. Griffin is ranked No. 168 in the individuals by sales volume. For Riddle, real estate is a family affair.

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Windemere Buying

MARCH 29, 2023

A new construction home, however, has no previous owner; it comes brand new. Learning about the new construction buying process will help you understand how it differs from other types of housing, such as existing single-family homes, townhouses, condominiums , etc. What is a new construction home?

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Broke Agent Media

APRIL 26, 2023

But it makes everyone wonder: How does a newly constructed home break apart and slide off a cliff? The engineering and construction firms that designed and constructed the retaining walls are long-standing companies with proven track records and years of combined experience. The other home sank and slid down the hill.

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McKissock

JANUARY 31, 2023

” “There is a lot of research and number crunching to do, so asking for a value at time of inspection is a no go.” As part of our Question of the Month survey series, we asked members of our appraisal community, “What’s one thing you wish real estate agents knew about the appraisal process?” That determines value.

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Broke Agent Media

MAY 16, 2023

BAM Key Details: The results of a new Opendoor survey reveal an inconsistency in housing market expectations, along with areas where buyers and sellers can meet in the middle. Data from a new Opendoor survey is shedding some light on how buyers and sellers see the housing market, what their top concerns are, and what they can agree on.

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