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Essential Real Estate Advice in 6 Steps

Louisville Homes

From looking for homes to buy to financing and more, there is a lot to learn. Even with new construction , it always pays for a buyer to have their own Realtor. Buying a house is a huge investment, so you should never go into it without doing your due diligence. Team Up with a Realtor. Research and Analysis.

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Renting vs Buying in Raleigh, NC: Which is Right for You?

Redfin

Do you want a new construction home or an older property with character? Local laws: North Carolina has due diligence and is a buyer beware state. These are factors that are a real adjustment for someone moving from different areas or are new to buying a home. Are you looking for more space or a big backyard?

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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?

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Buying a New Build? Here’s a Checklist With Everything You Need to Know

HomeLight

If living in a brand new house with no footprint other than yours appeals to you, you might be thinking about a new build. New construction gives you the chance to move into a house that is exactly what you want because you get to choose everything, from the builder and lot, right down to the light fixtures and bathroom hardware!

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Building a House? A Simple Guide to the Home Building Process

Redfin

However, managing the construction process isn’t always easy. Secure Financing. Unless you have a lot of cash on hand, you’re likely going to need some sort of third-party financing to afford the cost of construction on a new home. That cost is then converted to a mortgage when construction is finished.

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Sioux Falls Housing Market: Prices, Trends, Forecast 2023

Marco Santarelli

to $297,000, with the new construction segment seeing the most significant price gain of 14.3% The new construction segment saw the most significant gain in inventory, increasing by 17.6%. This increase will likely be higher than the national average, as the city's economy continues to grow and attract new residents.

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When Is a House Down Payment Due and How Much Do I Need?

HomeLight

Larsen cautions that if you’re buying a new construction home, you will likely be expected to pay a much larger percentage of earnest money. How much you’ll put down depends on the specifics of your finances, and what kind of mortgage you’re getting. A VA loan provides 100% financing with no money down — so no down payment.