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Buying New Construction Homes: What You Need to Know

Realty Biz

Buying a new construction home has its pros and cons. As the first owner, you'll enjoy the peace of mind of owning a brand-new property. New homes often require fewer repairs and updates since everything is up to date-and in good condition. For others, typical construction is what they have their hearts set on.

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7 Smart Ways To Lower the Cost of Buying a New-Construction Home

Realtor.com

Getty Images While buying any home is an expensive endeavor these days, buying a brand-new home—where everything is in pristine condition—will understandably cost a bit more. But homebuyers should also know that they can lower the costs of new construction right when they make the purchase through some smart negotiation tactics.

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New Year, New Home? 9 Myths About Buying a New-Construction House That Actually Aren’t True

Realtor.com

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. It will take too long. ” 2. .

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Benefits of Investing in New Construction Real Estate

Norada Real Estate

When it comes to investing in residential real estate, there are only two basic types of property you can invest in – new construction and resale. New construction properties are those that are purchased directly from the builder or developer who constructed the property. In short, they are considered brand new.

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NO HOUSING INVENTORY? Don’t Panic, We All Need Milk…

Lab Coat Agents

If he stops at a large grocery store like Kroger, he will likely have at least half a dozen brands in milk (regular, lactose, organic all found in several sizes) to choose from. If he stops at Trader Joe’s, he likely only has 2 kinds to choose from (name-brand & the Trader Joe’s brand). million homes.”

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@properties Launches National Franchise Program

RIS Media

Chicago-based @properties announced that it is launching a national franchise brand to offer broker/owners and agents access to the firm’s technology, marketing, training and business-development systems that have made it one of the top 10 brokerage firms in the country as an independent. 1 seller of new construction).

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I Just Bought a House! So… What’s My Home Resale Value?

HomeLight

If you’re at all handy, you might be thinking you can buy a home that needs a little work and put some sweat equity into the property, reaping the financial rewards when you sell. If you’re fixing things that are considered maintenance, like a new roof or a furnace, it isn’t going to make a huge impact on your resale value,” she says. “The