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New Year, New Home? 9 Myths About Buying a New-Construction House That Actually Aren’t True

Realtor.com

While purchasing new construction is indeed different from purchasing previously owned property, many misconceptions abound about new builds. With that in mind, we’re here to set the record straight on some easily busted new-construction myths that just won’t quit. New construction homes are more expensive.

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Best Tips When Building a New House

Realty Biz

We will provide the best tips to ensure a smooth construction process. 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.

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Frequently Asked Questions about Buyers Agents in Real Estate

Realty Biz

Understanding the mortgage process, including prequalification and pre-approval, is also essential. The agent also helps with the paperwork, including making offers, reviewing contracts, and coordinating inspections and appraisals. It is essential to prepare for the mortgage pre-approval process.

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Home Appraiser vs. Home Inspector: What’s the Difference When Selling a Home?

HomeLight

And, even a home built with quality construction can fall into disrepair over decades or within an instant after a catastrophic weather event or other event tests or compromises its integrity. In the December 2021 survey, 19% of buyers waived the inspection contract contingency, down from its height of 27% in July 2021.

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Do the Due: A Complete Due Diligence Guide and Checklist for Homebuyers

HomeLight

What does due diligence mean in residential real estate? Some people just focus on a home inspection and that’s not enough. Pre-approval letters are usually good for 60 to 90 days, so don’t enter this stage until you’re serious about your home search. Get an inspection. Review the CC&Rs.

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How to Flip a House: A Beginner’s Step-by-Step Guide

Point2Homes

Look for properties in up-and-coming neighborhoods or in residential areas that are in high demand. Ideally, the property should be a modern construction, with three bedrooms and two bathrooms, in the middle to upper price range for the area it’s located in. The first thing you need to scout is a good location. Find Financing.

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Essential Real Estate Advice in 6 Steps

Louisville Homes

If you plan to get a loan, make sure that you get your pre-approval before you start looking. Even with new construction , it always pays for a buyer to have their own Realtor. Have the Property Inspected Before You Buy It. One of the best pieces of essential real estate advice is to create your plan.