Remove Construction Remove Inspection Remove New Construction 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

New Construction Pros and Cons: Advantages and Disadvantages

Louisville Homes

On a regular basis, acquiring good quality construction materials, visiting the construction site, and negotiating with the labor force, laborers, and painters is a physically challenging activity. In this piece, we’ll look at new construction pros and cons. Customization Is Amazing. Disadvantages . Limited Options.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Become a New Home Construction Expert

The Residential Specialist

New home construction can be a profitable niche for real estate professionals who are willing to dedicate the time and effort By Myrna Traylor Most residential real estate professionals enter the real estate field with an eye on the largest market—resales of existing homes. She outlines the stages for a typical new home build.

article thumbnail

Why You Need a Realtor to Buy New Construction

Realty Biz

Buying a new construction home involves a different process than buying an existing home, and some people wonder if they need a real estate agent at all to buy one. While you technically do not need a realtor to represent you when you buy a new construction home, there are a few reasons it would be in your best interest to do so.

article thumbnail

What is Covered Under a Builder Warranty in New Construction Homes?

Realty Biz

When purchasing a brand new construction home, they are often covered by a warranty for about the first one or two years of ownership. It is not uncommon to see some new housing developments advertise that they offer a builder’s warranty. What is Covered in a New Construction Warranty?

article thumbnail

The current REO market requires an expansion of services for business growth

Housing Wire

Balancing supply and demand is a delicate dance between new construction and existing properties. Notably, property risk calls for thorough inspection, preservation, and maintenance to limit liability. HW: What are the risk management challenges for REO assets?

article thumbnail

Building a House? Here’s Your New Home Inspection Checklist

HomeLight

Buying a house is always an emotional cocktail of excitement and stress, but doubly so when it’s a new-construction home. Since it’s tough to know exactly what to look for before taking the keys to your new home — especially if this is your first time building a house — we’re here to help. Home inspections vs. walkthroughs.