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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? Michele Friedler.

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How to Sell Your Home With a Rent-Back Agreement

HomeLight

You have options, such as a rent-back agreement, aka, a lease-back deal, that would allow you to stay in the home you just sold a bit longer to give you time to find a new place, to wait for the next home to be built , or to let your children finish the school year. What is a rent-back agreement?

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What to Look For in New-Construction Homes: These 5 Crucial Aspects Should Be on Your Radar

Realtor.com

fstop123/Getty Images Few things are as exciting as purchasing a newly constructed home. There are a lot of factors that could make a brand-new home a less than ideal purchase. So, before closing on a new-construction home, here are some things you need to consider. The builder’s reputation.

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What Causes Pre-Construction Condo Cancellations?

Toronto Realty Blog

If you close your eyes and picture the northwest corner of Bloor and Dundas in Roncesvalles, what do you see? Remember, developers can start pre-sales before they have a final design or approval, and of course, they can always change the design. We talked a lot about sales on Monday as a reason for delays.

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Starting from Scratch: What to Do When Your Real Estate Listing Agreement Expires

HomeLight

When you signed the listing contract to put your house on the market, you had high hopes for a quick sale. And now you’ve realized that even the listing agreement with your agent has expired. We’ll fill you in on what obligation (if any) you have to your agent and what your options are to complete the sale.

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What’s the Catch with Rent to Own Homes? 7 Reasons to Beware of These Deals

HomeLight

But what if a portion of your rent were going toward purchasing your rental home at a later date? Rent-to-own basics: Crediting rent toward a future purchase. A rent-to-own deal means you can start paying toward a home purchase even if you can’t technically qualify for a mortgage yet. Source: ( Shopify Partners / Burst ).

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Why You Still Need an Agent to Buy a New House

HomeLight

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. And if you thought buying new construction without an agent would save you a few bucks in commission, think again. Updated August 31, 2021.

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