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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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Bad Deals Might Be Good for Business

BAM Media

Your buyer did WHAT in my seller’s new construction toilet that isn’t hooked up to plumbing yet??” Ever say one of these? What do you mean there’s an open conservation commission Order of Conditions on the deed from 1977 and we can’t close until it’s resolved, which could very likely mean we have to push out the closing date.”

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Your Guide to Buying a Home in the Sunshine State of Florida

HomeLight

Your buyer’s agent will be able to help you create a wishlist , set up viewing appointments for you, tell you more about what’s going on in the neighborhood, negotiate on your behalf, and connect you with other vendors such as a title company, insurance agent, and home inspector. Order a title search. Illegal deeds.

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How Much Are Closing Costs in California?

HomeLight

Title insurance is also divided between buyers and sellers. Buyers usually pick up the cost for the lender’s policy, but sellers pay for the owner’s policy that protects the buyer from title defects. How these charges are divided may depend on your new home’s location.

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11 Things to Do Before Listing Your Home That Are Worth the Effort

HomeLight

Unless they’re buying brand-new construction , buyers consider your home “used” and wonder how soon they’ll have to replace or repair something, such as a major appliance. You’ll better coordinate steps such as a pre-listing inspection and preliminary title report before your house hits the market (more on those below). “I

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How Much Are Closing Costs in Nebraska?

HomeLight

Common negotiated fees include title fees, home warranty, and settlement fees. Will a builder pay closing costs on a new construction home in Nebraska? Due to warranties and other fees, new home closing costs can be higher, but some builders offer a 2%-3% reduction in closing costs as an incentive.

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How to Connect with Cash Home Buyers in San Antonio

HomeLight

In particular, as a San Antonio investor Dickout is seeing a surge of new builds on the Northwest side of San Antonio, which can pose a challenge for sellers of existing homes. The amount of new construction may create a challenge for some sellers, particularly if their property needs some work.

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