It goes without saying that buying and selling a home can be quite challenging, as well as expensive. In fact, according to reports, homeowners in the United States end up spending nearly $10,000 to $15,000 in hidden costs while selling a house, depending on the locality.
Exotic vacations, luxury cars, swimming pools, built-in appliances and no closing costs—these are just a few lender incentives that home builders often offer to reel in buyers. These sales inducements can get extreme in a declining sales market.
Much of home buying advice is directed toward people purchasing an already constructed home. But what if you’re planning to purchase a new construction home? How do you ensure whether or not that newly built home will meet your family’s expectations?
Planning to buy your own house? The principal of caveat emptor still very much applies to house purchases, and therefore, to ensure you don’t end up making a wrong decision or signing a bad deal, we’ve compiled a few key pointers that will assist you during your house buying process.
Buying a pre-owned house could be a daunting process, especially for someone who may be buying a house for the first time.
New home vs. pre-owned home: If you’re looking to buy a place to live, this may be one of your primary considerations. Should I buy a shiny, new home? Or am I better off enjoying an older home’s fun character?
More than just a great marketing tool, real estate rebates help potential homeowners in more ways than you’d think! But that’s a topic for a future blog!
If you’re new to the idea of a ‘buyer agent commission rebate,’ here’s what it basically means:
Upon closing, as a buyer, your agent will refund a certain percentage of the money they earn from the commission.
As a newbie in new home construction, knowing that you’ll have to face some challenges along the way can be intimidating.
New construction homes are fresh and though they may be expensive, many homeowners deem them worth the price. Most homebuyers aren’t astonished to find that new construction homes will cost them more than pre-owned homes as they are made from scratch and typically have more to offer as well.