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

Realtor.com

Compare that with a preexisting home’s median price of $396,300 , and it’s clear that buying brand-new might set you back tens of thousands of dollars extra. 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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The homegenius Platform gives consumers deeper insights in the home buying and selling journey

Housing Wire

That’s why they’ve introduced the homegenius Platform, an integrated solution consisting of advanced technology , data science, machine learning and AI designed to drive value and bring ease to consumers through the home buying and selling journey. Loan must close to be eligible for reimbursement of credit toward closing costs at closing.

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Building a House in Texas? Here is What it Might Cost You

HomeLight

This year, many homebuyers in Texas have an eye on a new construction property rather than an existing home. According to Fort Worth -based real estate agent Lily Moore , the average costs to build a house in Texas can actually make undertaking new construction the more affordable option right now.

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Buy a New Construction Home Using These 14 Tips from a Top Agent

HomeLight

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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10 Steps for Navigating the New Construction Home Buying Process

HomeLight

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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What Are Builder Incentives? The Secret to Getting a Deal on a New-Construction Home

Realtor.com

Examples might range from “For a limited time, get $5,000 in designer upgrades!” to “Purchase before X date, and we’ll pay all of your closing costs.”. Builders often work closely with certain lenders because they want to know that the loan will close without delay once the home is completed.

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7% Mortgage Rates Slam Buyers, Experts Predict No Relief

Marco Santarelli

This makes them hesitant to sell their properties, fearing they'll be forced to take on a new mortgage at today's much higher rates. This seller hesitancy, coupled with new construction failing to keep pace with housing demand, has created a nationwide shortage of both existing and new homes for sale.