Realtor.com

JANUARY 2, 2023

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.

New Construction 105

New Construction Construction Pre-approval Inspection 105

RIS Media

MARCH 25, 2022

Another shift noticed by the brokers who participated in the roundtable is that people are not interested in homes requiring significant sweat equity. New Construction: . According to participating brokers, permit logjams, supply chain issues, and lack of builder confidence have created a dire shortage of new homes.

Pre-approval 98

Pre-approval Inspection As-is Principal 98

Redfin

JULY 10, 2023

Buying gives you the opportunity to create equity you can use later, to move up, to make updates, or just to create wealth. You’ll need to factor other costs into the equation such as closing costs , home inspection fees , and appraisals , when determining how much house you can afford. Are you looking for more space or a big backyard?

New Construction 58

New Construction Equity Closing costs Purchase and sale agreement 58

HomeLight

AUGUST 31, 2021

Does the idea of buying a fixer-upper and quickly gaining thousands of dollars in equity by making minor cosmetic repairs appeal to you? A 203(k) loan can be an excellent way to gain large amounts of equity soon after buying the home. And that difference of $25,000 is equity in the home that now belongs to the new buyer.

Loans 85

Loans FHA loan Pre-approval Finance 85

HomeLight

AUGUST 16, 2022

A Pew Research Center analysis of data from 44 advanced economies found consumer prices have risen substantially in nearly all of those countries since the pre-pandemic era. So, to help you navigate in this new world where everything costs more, we’re arming you with the latest information about: what is causing inflation.

Marketing 91

Marketing Pre-approval Equity New Construction 91

HomeLight

MARCH 13, 2023

These include: Out-of-state buyers flocking to Austin – particularly California sellers who cashed out the equity in their expensive homes and can afford to pay cash in Austin. New construction surge contributing to competition for buyers. No pre-qualifying for a loan. iBuyers see opportunity in Austin.

Sales 72

Sales Investor House Flipping Pre-approval 72

Housing Wire

MARCH 22, 2024

Get pre-approved with a local lender. Yes, many buyers will hop online and get a generic pre-approval letter. Yet they’ll be unable to because they aren’t pre-approved for that amount. When I meet with a new buyer, one of my first questions is: How long do you plan to occupy the property?

Agents 420

Agents Pre-approval Pre-qualification Inspection 420