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Buying a New Construction Home

Windemere Buying

A new construction home, however, has no previous owner; it comes brand new. Learning about the new construction buying process will help you understand how it differs from other types of housing, such as existing single-family homes, townhouses, condominiums , etc. What is a new construction home?

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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.

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Best Tips When Building a New House

Realty Biz

Building a new house can be both exciting and overwhelming. We will provide the best tips to ensure a smooth construction process. From selecting the right builder to planning for the future, designing your custom home, managing your budget, overcoming challenges, and being involved in the building process, we've got you covered.

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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. These are all areas where a knowledgeable buyer’s agent who’s got lots of new-build experience and local builder connections can be invaluable.

Agents 127
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How to Get a 203k Loan in 6 Steps (And What Else to Consider As a Buyer)

HomeLight

The Section 203(k) program, by contrast, is specifically designed to provide funds to both buy and renovate, upgrade, and repair a home. Only lenders that have been approved by the FHA can offer 203(k) loans. All repairs must be planned, specified, and approved in advance. What’s a 203(k) loan?

Loans 83
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Beach Town Fun Meets Southern Charm: How to Buy a House in Myrtle Beach

HomeLight

Increasing your down payment , upping the earnest money , and obtaining pre-approval from a local lender can also improve your offer. Myrtle Beach is also a FEMA-designated flood hazard area. That’s why a thorough home inspection by a reputable company is important to identify potential problems that come with coastal living.

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

HomeLight

Gila adds that FSBO sellers should list their home at fair market value , especially when competing with new construction in South Carolina that offers high incentives for buyers as well as real estate agents who provide Realtor® bonuses and buy-down interest programs or closing costs paid by sellers. Require everything in writing.