Remove Closing costs Remove Design Remove New Construction Remove Renovation
article thumbnail

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.

article thumbnail

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

A Guide to USDA Loans: A 0% Down Payment, Low-Interest Mortgage More Homebuyers Should Consider Now

Realtor.com

Also known as Section 502 or 504 loans, these programs are specifically reserved for people with low or moderate incomes looking to buy in designated rural parts of the country. They can be used to purchase townhouses as well as single-family homes, fund new construction , or renovate an existing home. Must be a U.S.

Loans 95
article thumbnail

Stop and Ask These 23 Questions When Buying New Home Construction

HomeLight

A new construction home — yours from the ground up, with no prior owners — sparkles with possibility. Here, we’ve enlisted the expert advice of top agents, industry insiders, and recent homebuyers to address key questions to ask when buying a new construction home. Should I hire an agent for new construction?

article thumbnail

What Is Home Equity and How Can I Use Mine in 2022?

HomeLight

Regardless of the type of loan you have, you can increase your equity faster by increasing your monthly payment and designating that those extra funds be applied to principal. When you add value through renovations. Fund your next renovation project, consolidate debt, or pay for education. Transactions. Average Price Point.

Equity 109
article thumbnail

147 Real Estate Social Media Post Ideas for 2022 (+ Viral Examples)

The Close

They’re designed by and for top-producing real estate agents. Best of all, C&C costs less than a cup of coffee per day. If you’re looking for more social media templates designed just for Realtors, along with free and paid places to acquire them, check out our guide here: Related Article. Closing Costs Q&A (Video).

Staging 86
article thumbnail

Just Sold by DWELL

Dwell Real Estate

June 2020 15719 SEATON PLACE, BRADENTON Sold By: James Tassell | Built Price: $559,892 New Construction by Lennar/WCI Communities in Country Club East at Lakewood Ranch. 601 17TH AVE E, PALMETTO Sold By: Cathy Loeppke | Built Price: $567,640 New Construction, Correggio Model built by Lennar/ WCI Communities in Sanctuary Cove.