Remove Closing Remove New Construction Remove Pre-approval Remove Residential
article thumbnail

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. New construction homes are more expensive.

article thumbnail

Mortgage rates might soar even higher

Housing Wire

We do not see new construction returning in a meaningful way any time soon. Kurt Carlton, President of New Western. “We do not see new construction returning in a meaningful way any time soon. Our macro-outlook is that demand for housing will remain out of balance with supply for the mid to long term.

Mortgages 420
Insiders

Sign Up for our Newsletter

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

article thumbnail

Frequently Asked Questions about Buyers Agents in Real Estate

Realty Biz

They provide services such as guiding buyers through the home buying process, offering expertise in the local market, and assisting with negotiation and closing. Understanding the mortgage process, including prequalification and pre-approval, is also essential. How do you stay updated on new listings and market trends?

article thumbnail

Ask Brian: Will 2022 be Another Tough Year for Home Buyers?

Realty Biz

But to start with, we all know that buyers should be pre-approved and have a solid list of features they can’t live without so they can be decisive and move quickly when they find the right home. If you work full time from home or even mostly from home, you probably don’t need to be close to the office. Please comment.

article thumbnail

Best Tips When Building a New House

Realty Biz

Understanding the Construction Process When embarking on the journey of building a new house, it is crucial to have a solid understanding of the construction process. Buying new construction can be exciting but quickly become a nightmare. Contact your builder and financial advisor to assess the overall impact.

article thumbnail

Buy a House in Irvine, California: Plant Roots in America’s Happiest City

HomeLight

But if she had to choose a neighborhood specifically suited toward family life, she would suggest Great Park, where you can find all styles of living from single-family residential, luxury homes, or townhomes depending on your preference. Ameerally points out that buyers tend to gravitate toward new construction in the Great Park area.

article thumbnail

How to Sell a House by Owner in South Carolina: A FSBO Guide

HomeLight

We’ll also provide a comprehensive overview of the full process to prep, market, and close on your home without the assistance of a real estate agent. That 6% is deducted from the seller’s proceeds at closing. Next: Consult our guide on who pays closing costs when selling a house by owner for more details. Talia Gila.