Remove Inspection Remove Land Remove New Construction Remove Sales
article thumbnail

6 Tips for Appraising New Construction Homes

McKissock

New construction is treated a little differently by lenders, FHA, and the GSEs. When appraising new construction homes, you must take into consideration certain features and attributes that don’t necessarily apply to re-sales. Be careful as you choose comparable sales.

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.

Insiders

Sign Up for our Newsletter

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

article thumbnail

I’d list my home, but where would I move?

Housing Wire

Build a home instead of chasing after the scarce resale inventory 30% of available homes are new construction, so there are several advantages to this option. Next, the house is new. No rehab for them and no inspection woes for you. First, many builders are buying down interest rates using their in-house financing.

Equity 283
article thumbnail

Building a New Home vs. Buying an Existing Home

Rent, Buy & Sell

Great, now you need to decide if you want to self-build your home or purchase a new construction. Of course that takes a bit of know-how and a piece of land, someone to connect sewer and water, installation of gas lines and electrical, as well as an inspector to sign off on the build when it is complete. New Construction Home.

article thumbnail

To Buy New or Old, That is the Question

Windemere Buying

While not always true, older neighborhoods tend to be closer to major employment centers, mass transportation, and multiple car routes (neighborhood arterials, highways, and freeways), and new construction homes are usually found on the outskirts of city limits where there’s more land available for the development.

article thumbnail

Essential Real Estate Advice in 6 Steps

Louisville Homes

The real estate market is growing, but you can simplify the process by making sure that you know how to spend time searching for the best houses for sale for you. Even with new construction , it always pays for a buyer to have their own Realtor. Have the Property Inspected Before You Buy It. Set Your Price Range.

article thumbnail

What Must Be Disclosed When Selling a House in Georgia?

HomeLight

Georgia home sellers are obligated to inform buyers of any known material defects in the home’s condition that would not be found by a buyer upon reasonable inspection. Once an offer on a home is accepted, the buyer is usually given a specified number of days to inspect the property. What doesn’t need to be disclosed in Georgia?