article thumbnail

‘We Bought a House That Hadn’t Been Built Yet’: New Construction May Be the Key To Succeed in Today’s Hot Market

Realtor.com

Nicole and Pat, however, were able to buy their house for just over half that sum by choosing new construction. The Krouses’ new-construction home in South Austin, TX Nicole Krouse. We were visiting some friends who had just moved into a new build in a part of South Austin that’s underdeveloped right now.

article thumbnail

How Long Does It Take to Build a House?

Realtor.com

It’s a question often posed by people looking to buy an idyllic piece of land so they can construct their dream home from the ground up. No matter your location, the key to any successful new home building project is having approved house building permits, a process that can take a long time in some areas. So plan ahead.

Insiders

Sign Up for our Newsletter

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

article thumbnail

What Must Be Disclosed When Selling a House in Georgia?

HomeLight

Meaning, buyers are charged with performing due diligence during real estate transactions to ensure they’re buying a product they’re satisfied with. This is known as the due diligence period. That due diligence period is the buyer’s only opportunity to find out for themselves the facts about the house,” Morton says.

article thumbnail

Essential Real Estate Advice in 6 Steps

Louisville Homes

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. You should do a search with the local land registry to find out information about the geographical location.

article thumbnail

Want More Space? A Comprehensive Guide to Room Addition Costs

HomeLight

Expert advice: A first floor home addition is an ideal spot for a new main suite. You can see that over and over again in new construction neighborhoods. Excavation: Excavation includes digging holes, grading land, and leveling to prepare the site for foundation; on average this costs $1,200 – $4,110.

article thumbnail

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

Redfin

It’s important to note that construction-related loans may be slightly harder to secure than a traditional mortgage. FHA first-time homebuyer loans are limited as well for new construction, so those without a strong credit history are advised to do research to ensure adequate financing is available. Plan Your Home.

article thumbnail

Buying a House in Atlanta? Be Ready for Hot Summers and Hot Market

HomeLight

Get the lay of the land in Atlanta. Georgia real estate contracts include a due diligence period, typically lasting between 10 and 14 days, so if you’re worried about losing out on a house in a hot market, you can make an offer and take your test drive during due diligence.