Realtors sell over 70% of all new construction homes, according to the National Association of Realtors. But, what does that mean to you, the buyer? It means that an agent has clout with the builder, especially if the agent is associated with a large, national firm. Statistics show we will be back if that builder does a good job for you.
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Correy Smith wrote: The tip that mentioned about having a realtor to buy a new home construction is one that sounds interesting. Well, it’s something that my wife and I are deciding on doing since she did find a home that she liked. If we are to buy the new home construction, would we also need to do some type of inspection on it as well?
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construction loan vs mortgage loan When exploring mortgage options. aren’t eligible for fha loans. fha appraisals are more stringent, as well. Not only is the property assessed for value, it is thoroughly vetted for safety,
“Securing this construction financing for 400 Biscayne underscores the confidence the lending community has in our co-living multi-family residential platform and the underlying asset,” said Peter.
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New Build Houses A new build property is seen as a good investment by many buyers for a number of reasons. One reason is simply the fact they’re completely new. They’re built to the latest specifications so are more energy efficient as well as more secure than older properties.
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About the Author: The above Real Estate information on the questions to ask when buying new construction was provided by Bill Gassett, a Nationally recognized leader in his field.Bill can be reached via email at [email protected] or by phone at 508-625-0191. Bill has helped people move in and out of many Metrowest towns for the last 30+ Years.