Housing Wire

MAY 6, 2024

However, since the reverse mortgage industry has been using the FNMA1009/HUD 92900–A for a long time, before making the switch to the FNMA-1003/HUD 92900-C we would like the opportunity to comment on the new HUD 92900-C when that form is made available to the public.” Following an announcement that the U.S.

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Housing Wire

FEBRUARY 1, 2023

Michigan-based lender United Wholesale Mortgage (UWM) has introduced a construction-to-permanent loan that covers the cost of building a home and then converts to a permanent mortgage once construction is complete. The loan will cover an 11-month maximum build period with a one-month modification.

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HomeLight

JULY 22, 2024

When you’re buying an existing house, there’s hardly any question that you’d want a home inspection. However, that decision might not seem as obvious when you’re buying a brand new house : should you get a new construction home inspection?

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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

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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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

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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Realtor.com

NOVEMBER 9, 2022

Getty Images While buying a newly built home may not be the first thought to come to mind for homebuyers, purchasing new construction is a common option that comes with distinct benefits in today’s market. New construction can refer to single-family homes, condos , or apartments, and are available across the U.S.

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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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Housing Wire

AUGUST 14, 2023

All of the homes that we have sold recently have sold in the first weekend with multiple offers at $50,000 to $100,000 over list price with no home inspection,” Casey Samson, the leader of The Casey Samson Team, said. Local housing markets is a HousingWire magazine feature spotlighting housing trends and data across the country.

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Louisville Homes

DECEMBER 21, 2021

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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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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RIS Media

APRIL 22, 2022

In this highly competitive housing market, the persistent low inventory of existing homes has led many buyers to look to new construction as an opportunity to customize a home to their needs, without having to beat other buyers to the closing table. The result has frustrated many new construction buyers.

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Realtor.com

JANUARY 2, 2023

Getty Images Many first-time homebuyers might shy away from the prospect of buying a brand-new home, assuming: It will cost too much. While purchasing new construction is indeed different from purchasing previously owned property, many misconceptions abound about new builds. New construction homes are more expensive.

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Realty Biz

MARCH 29, 2021

When purchasing a brand new construction home, they are often covered by a warranty for about the first one or two years of ownership. It is not uncommon to see some new housing developments advertise that they offer a builder’s warranty. What is Covered in a New Construction Warranty?

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Housing Wire

MAY 3, 2024

In addition to a lack of existing-home inventory, North Carolina is also struggling to grow its supply of new single-family homes. “We We have so much new construction happening. I was talking to a broker the other day who has two new single-family communities coming online,” she said.

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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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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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McKissock

MAY 6, 2022

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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Housing Wire

AUGUST 3, 2023

Aerial drone inspection of Lennar’s Westview housing development Miami, Florida. Everywhere you look there seems to be bad news for the existing-home market — interest rates remain north of 7% and the median home price nears record levels at more than $410,000 as of June. Taken by Felix Mizioznikov. And as a country, it’s 2.6

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HomeLight

JUNE 27, 2022

You’re looking at new construction as an option for your new home and love the idea of buying a brand-new house that has never been lived in before. However, you want to arm yourself with the tools and insider information so you don’t get too carried away with the new build. The dos of buying new construction.

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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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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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HomeLight

JANUARY 6, 2021

If you’re trying to save money or keep your costs down, you may wonder if you really need to have a home inspection done. So, why get a home inspection? And how much does a home inspection cost? What is a home inspection? After the inspection, they’ll give you an inspection report.

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RIS Media

OCTOBER 28, 2020

Many buyers of condominiums tend to underestimate the value of a home inspection or sometimes will want to forego it altogether. But a home inspection can be just as important for condo buyers as it is for buyers of single-family homes in terms of making an informed decision, or simply becoming educated about the home.

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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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HomeLight

OCTOBER 29, 2021

If living in a brand new house with no footprint other than yours appeals to you, you might be thinking about a new build. New construction gives you the chance to move into a house that is exactly what you want because you get to choose everything, from the builder and lot, right down to the light fixtures and bathroom hardware!

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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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Realty Biz

APRIL 12, 2023

Buying a new construction home involves a different process than buying an existing home, and some people wonder if they need a real estate agent at all to buy one. While you technically do not need a realtor to represent you when you buy a new construction home, there are a few reasons it would be in your best interest to do so.

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New Construction Construction Inspection Finance 52

HomeLight

AUGUST 31, 2021

Don’t let the pristine facade or shiny appliances of a model home deceive you: buying new construction will be as complex as any old real estate transaction, if not more so. These are all areas where a knowledgeable buyer’s agent who’s got lots of new-build experience and local builder connections can be invaluable.

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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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HomeLight

SEPTEMBER 26, 2022

Considering the ever-rising costs of existing homes and the lack of affordable housing in many areas, building new can seem very appealing. New construction might seem less expensive — but if, for example, it doesn’t include landscaping, and that’s something you have to do yourself after closing, that can be expensive.

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Construction New Construction Land Inspection 145

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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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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Windemere Selling

FEBRUARY 26, 2020

A home inspection can be a useful tool for sellers looking to get the greatest possible value from their home. Finding Issues When you’re selling a house, a pre-sale inspection can be particularly useful. A pre-listing inspection can give you an edge as a seller, particularly in a competitive market.

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Marco Santarelli

JUNE 8, 2025

Well, things are changing, and as we move through 2025, it's becoming clear that the housing market is becoming buyer-friendly. For the first time in what feels like ages, the scales are starting to tip in favor of those looking to purchase a home, and there are several key reasons why. However, I'm seeing a welcome change in this regard.

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