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Desperate for deals, mortgage pros get creative

Housing Wire

That’s why builders are utilizing closing cost incentives and temporary rate buydowns often funded by lenders. “If Some markets like New Jersey don’t have land to build new homes. Being on multiple builders’ lists is a way to rack up more deals for loan officers. “A

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10 Steps for Navigating the New Construction Home Buying Process

HomeLight

The average cost of building a new house can range between $165,563 and $474,977 , and it could save you up to 15% in comparison to buying an existing home — but what do you know about the new construction homebuying process? Have you weighed all the pros and cons of buying new? Pros of new construction.

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The Increasing Tax Burden On New Ontario Homes

Toronto Realty Blog

I started writing this blog in June 2007, and it wasn’t long before I began to openly opine on the issues in the pre-construction condominium industry. Whether it was delays, deficiencies, material changes, closing costs, the occupancy period, or eventually – prices , I started writing about this in 2008 or 2009.

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Buying New Construction for the First Time? Here Are the Dos and Don’ts You’ll Need to Know Before Jumping In

HomeLight

You’re looking at new construction as an option for your new home and love the idea of buying a brand-new house that has never been lived in before. However, you want to arm yourself with the tools and insider information so you don’t get too carried away with the new build. The dos of buying new construction.

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Building a House in Texas? Here is What it Might Cost You

HomeLight

This year, many homebuyers in Texas have an eye on a new construction property rather than an existing home. According to Fort Worth -based real estate agent Lily Moore , the average costs to build a house in Texas can actually make undertaking new construction the more affordable option right now.

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Getting a Home Loan With Low or No Down Payment

Realty Biz

This type of mortgage can be used, not only, to buy homes in rural areas, but also for renovations, new constructions, and relocating a house. Money from this loan can be spent on a land purchase, and for connecting utilities. Along with zero down, it offers lower interest rates and closing costs.

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Is it Cheaper to Buy or Build a House?

Redfin

In contrast, building a home in 2025 is estimated to cost between $138,937 and $531,294 , excluding land costs, which can add an additional $3,000 to $150,000 depending on the property’s location and size. Larger homes or those with high-end finishes will naturally incur higher costs. reached $390,000. is $419,200.