Housing Wire

MAY 6, 2024

NRMLA and MBA also request changes to language in certain forms, including in the Compliance Inspection Report, so that the report can “utilize the documentation from a licensed and bonded person as required by the state to certify without additional costs to the borrower or mortgagee.”

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HomeLight

JULY 22, 2024

When you’re buying an existing house, there’s hardly any question that you’d want a home inspection. However, that decision might not seem as obvious when you’re buying a brand new house : should you get a new construction home inspection?

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HomeLight

AUGUST 17, 2022

Buying a new construction home can be intimidating. If decisions aren’t your thing, you might be able to buy a new construction home that is already built and ready for you to move in. Find a buyer’s agent who works with new construction. Find a Buyer's Agent to Help You Buy A New Construction Home.

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Realtor.com

NOVEMBER 9, 2022

Getty Images While buying a newly built home may not be the first thought to come to mind for homebuyers, purchasing new construction is a common option that comes with distinct benefits in today’s market. New construction can refer to single-family homes, condos , or apartments, and are available across the U.S.

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HomeLight

JULY 31, 2020

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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Realtor.com

OCTOBER 15, 2020

fstop123/Getty Images Few things are as exciting as purchasing a newly constructed home. However, just because a house is new doesn’t mean it’s free of flaws. There are a lot of factors that could make a brand-new home a less than ideal purchase. Do the materials and style of construction match the neighborhood?”

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New Construction Construction Purchase and sale agreement Design 138

RIS Media

APRIL 22, 2022

In this highly competitive housing market, the persistent low inventory of existing homes has led many buyers to look to new construction as an opportunity to customize a home to their needs, without having to beat other buyers to the closing table. The result has frustrated many new construction buyers.

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New Construction Construction Inspection Branding 98

Louisville Homes

DECEMBER 21, 2021

On a regular basis, acquiring good quality construction materials, visiting the construction site, and negotiating with the labor force, laborers, and painters is a physically challenging activity. In this piece, we’ll look at new construction pros and cons. Customization Is Amazing. Disadvantages . Limited Options.

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New Construction Construction Inspection Land 98

Realty Biz

MARCH 29, 2021

When purchasing a brand new construction home, they are often covered by a warranty for about the first one or two years of ownership. It is not uncommon to see some new housing developments advertise that they offer a builder’s warranty. What is Covered in a New Construction Warranty?

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New Construction Construction FHA loan Branding 107

Windemere Buying

MARCH 29, 2023

A new construction home, however, has no previous owner; it comes brand new. Learning about the new construction buying process will help you understand how it differs from other types of housing, such as existing single-family homes, townhouses, condominiums , etc. What is a new construction home?

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New Construction Construction Pre-approval Land 87

Realtor.com

JANUARY 2, 2023

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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New Construction Construction Pre-approval Inspection 105

Housing Wire

FEBRUARY 22, 2024

Balancing supply and demand is a delicate dance between new construction and existing properties. Notably, property risk calls for thorough inspection, preservation, and maintenance to limit liability. HW: What are the risk management challenges for REO assets?

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Due diligence Marketing Mortgages New Construction 435

McKissock

MAY 6, 2022

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. Those requirements can make it hard to find other new construction comparables.

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New Construction Construction FHA loan Land 86

Realtor.com

SEPTEMBER 18, 2020

When we finally did go under contract on this third home, we learned of another issue: Home inspectors in the area were booked for two weeks and up, but our contract stated that we had only seven days to get an inspection done. We got lucky, but it left me wondering: Is it ever OK to waive a home inspection?

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Housing Wire

MAY 3, 2024

In addition to a lack of existing-home inventory, North Carolina is also struggling to grow its supply of new single-family homes. “We We have so much new construction happening. People are actually making repairs found in inspection reports.

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Marketing Construction New Construction Development 432

HomeLight

JUNE 27, 2022

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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New Construction Construction Inspection Pre-approval 105

Realtor.com

JUNE 24, 2021

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 ended up touring three or four other new constructions in different areas of town, just to do some due diligence.

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New Construction Construction Due diligence Marketing 111

Housing Wire

AUGUST 3, 2023

Aerial drone inspection of Lennar’s Westview housing development Miami, Florida. Everywhere you look there seems to be bad news for the existing-home market — interest rates remain north of 7% and the median home price nears record levels at more than $410,000 as of June. Taken by Felix Mizioznikov. We need to build above 1.1

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HomeLight

JUNE 21, 2021

Buying a house is always an emotional cocktail of excitement and stress, but doubly so when it’s a new-construction home. Since it’s tough to know exactly what to look for before taking the keys to your new home — especially if this is your first time building a house — we’re here to help. Home inspections vs. walkthroughs.

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Inspection New Construction Construction As-is 111

Realtor.com

OCTOBER 17, 2021

Do you need a Realtor for new construction? Good question: Here's everything you should know about using a Realtor for new construction. The post Do You Need a Realtor for New Construction? Here’s Everything to Know appeared first on Real Estate News & Insights | realtor.com®.

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New Construction Construction Inspection Agents 89

Housing Wire

AUGUST 14, 2023

All of the homes that we have sold recently have sold in the first weekend with multiple offers at $50,000 to $100,000 over list price with no home inspection,” Casey Samson, the leader of The Casey Samson Team, said. In addition, homes are sitting on the market a median of just 42 days. Despite his team’s success, Samson has some worries.

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Marketing New Construction Inspection Agents 369

Housing Wire

MARCH 2, 2022

Without effective and properly enforced regulations — including peer-reviewed engineering and licensed inspections — we risk catastrophes like the Champlain Towers collapse. Philadelphia recently offered developers a 10-year tax abatement for new construction. Of course, regulations perform an essential civic function.

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Development New Construction Inspection Design 369

Redfin

JUNE 13, 2022

Come prepared with a new construction walkthrough checklist and you’ll know exactly what to look for ahead of time. You might hear a new construction walkthrough called a “blue tape walkthrough.” Blue tape walkthroughs only apply to new construction homes. ” Why? Level tool.

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New Construction Construction Inspection Closing 66

The Residential Specialist

FEBRUARY 27, 2024

New home construction can be a profitable niche for real estate professionals who are willing to dedicate the time and effort By Myrna Traylor Most residential real estate professionals enter the real estate field with an eye on the largest market—resales of existing homes. New construction is always seen as much more expensive.

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Construction Inspection New Construction Residential 97

RIS Media

JULY 8, 2021

HomeTeam Inspection Service of Kentuckiana Owner Brad Lawler explains why potential buyers should never skip a home inspection, even when housing inventory is scarce. “Waiving an inspection can open a buyer up to unforeseen costs down the road that could have otherwise been avoided.” ” 2. .”

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HomeLight

JANUARY 6, 2021

If you’re trying to save money or keep your costs down, you may wonder if you really need to have a home inspection done. So, why get a home inspection? And how much does a home inspection cost? What is a home inspection? After the inspection, they’ll give you an inspection report.

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Inspection Inspection contingency New Construction VA loan 97

RIS Media

OCTOBER 28, 2020

Many buyers of condominiums tend to underestimate the value of a home inspection or sometimes will want to forego it altogether. But a home inspection can be just as important for condo buyers as it is for buyers of single-family homes in terms of making an informed decision, or simply becoming educated about the home.

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Inspection New Construction Construction As-is 81

Realty Biz

APRIL 12, 2023

Buying a new construction home involves a different process than buying an existing home, and some people wonder if they need a real estate agent at all to buy one. While you technically do not need a realtor to represent you when you buy a new construction home, there are a few reasons it would be in your best interest to do so.

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New Construction Construction Inspection Finance 52

HomeLight

AUGUST 31, 2021

Don’t let the pristine facade or shiny appliances of a model home deceive you: buying new construction will be as complex as any old real estate transaction, if not more so. These are all areas where a knowledgeable buyer’s agent who’s got lots of new-build experience and local builder connections can be invaluable.

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Agents New Construction Purchase and sale agreement Construction 128

Lighter Side of Real Estate

OCTOBER 19, 2021

Sometimes the scariest thing in the job of a real estate agent isn’t a mile long inspection report detailing foundation issues, or seeing your buyer pull up in a new car before their mortgage is approved. Time to consider new construction. Even the ghosts are too busy in NYC. Does “he” do this often?

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Mandrona Group

MARCH 27, 2023

House-hunting is no easy journey, especially once you find that there’s a limited inventory of previously-owned homes in the housing. Read More

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New Construction Construction Inspection Agents 94

HomeLight

OCTOBER 29, 2021

If living in a brand new house with no footprint other than yours appeals to you, you might be thinking about a new build. New construction gives you the chance to move into a house that is exactly what you want because you get to choose everything, from the builder and lot, right down to the light fixtures and bathroom hardware!

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New Construction Construction Inspection Development 103

HomeLight

SEPTEMBER 26, 2022

Hanna says most of the builds he’s seen are by people who already have extensive experience in the construction industry — contractors who want to build their own place, or carpenters who know they can do a lot of the work themselves. Container homes can also be constructed fairly quickly, and you can combine them to make a full-size house.

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Construction New Construction Land Inspection 145

Redfin

OCTOBER 11, 2023

Whether you’re eyeing homes for sale in Reno’s picturesque neighborhoods or considering houses in Las Vegas’ bustling cityscape, a thorough Nevada home inspection needs to be on your homebuying to-do list. This crucial step can make all the difference in ensuring your new abode is a sound investment and a safe haven.

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Inspection New Construction Construction As-is 62

McKissock

FEBRUARY 4, 2022

The share of new construction homes on the market rises to a record high. Read on for more appraisal news. One-third of houses for sale are new construction, an all-time high. single-family homes for sale in December were new construction, up from 25.4% Home price appreciation continues to climb.

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New Construction Construction Marketing Inspection 52

The Residential Specialist

FEBRUARY 26, 2021

New home construction has become an enticing option for buyers—and right now the market is surging. Even before the coronavirus pandemic put unanticipated stress on the housing market by reducing inventory and increasing prices, new home construction was an enticing option for many prospective homebuyers. Show your value.

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New Construction Construction Inspection Agents 97

HomeLight

MAY 19, 2021

They’ll then construct homes from specific architectural options planned for that community. They will oversee the construction of your home from start to finish. Before construction can begin, your contractor will contact your municipal office and discuss your plans. Step 11: Have an inspection done on the foundation.

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Construction Inspection Land New Construction 111