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6 Tips for Appraising New Construction Homes

McKissock

New construction is treated a little differently by lenders, FHA, and the GSEs. When appraising new construction homes, you must take into consideration certain features and attributes that don’t necessarily apply to re-sales. It requires more work, so you want to be sure that you are charging for your effort.

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New Construction Pros and Cons: Advantages and Disadvantages

Louisville Homes

On a regular basis, acquiring good quality construction materials, visiting the construction site, and negotiating with the labor force, laborers, and painters is a physically challenging activity. In this piece, we’ll look at new construction pros and cons. Customization Is Amazing. Super Clean.

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Building a House? Here’s Your New Home Inspection Checklist

HomeLight

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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How to Get a Land Loan to Build a House

RIS Media

Are you wondering how land loans work? Maybe you’re setting your mind on purchasing a piece of land that wonderfully fits your future house? Getting a loan for land is a smart move, especially when you will not be constructing your home right away. Procuring land financing is a great way to make your purchase on time.

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‘We Bought a House That Hadn’t Been Built Yet’: New Construction May Be the Key To Succeed in Today’s Hot Market

Realtor.com

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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I’d list my home, but where would I move?

Housing Wire

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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Opinion: Don’t let red tape strangle city development

Housing Wire

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.