Once new homes are completed and are open for showing, it may be too late to know for sure if they are quality-built homes. Yes, you will be able to see the finishes of the home and you will be able to see differences from home to home in details like enhanced materials, and luxury touches like granite countertops, designer ceilings, and showcase light fixtures.
The main reason people prefer to buy a new home over an old one is fairly simple—we all prefer a home that no one else has lived in before. It’s no different than when buying a car.
One of the biggest challenges in buying a new home is the down payment. This is the amount of money you need to put down on your home at closing. The down payment will affect the amount you have to borrow, the type of loan, and terms and conditions—especially the interest rate on your loan.
Want to become a homeowner? You’re not alone. Choosing to own a home is life changing. It is the American dream for a majority of people and for many, getting financing is a challenge. The good news is that with interest rates at historically low levels, there has never been a better time to face
Who doesn’t love spending a lazy weekend peeking into newly constructed houses and getting a firsthand look and feel of what it would be like to move into that perfect home? There is nothing like walking into a freshly painted and decorated new home that is up for sale, and picturing ourselves coming home. We
Buying a new home may be an exciting prospect, but before you sign on the dotted line, you should understand that buying a home will cost you more than just the sticker price. Some additional costs you will need to know about are closing costs: these are the essential service fees you’ll need to cover in order to finalize the purchase of your new home. This article will give you some helpful tips on how to stretch your closing cost dollars and save you money.
If you’re looking for a new place to live, you likely have a number of “boxes” you’d like to check, such as the number of bedrooms and bathrooms, how much storage space is available, perhaps a yard, possibly the close proximity to public transportation, and certainly the cost of your rent or mortgage, and taxes—all important.
When you decide you want to buy a house, what’s the first thing you should do? If you said “go house hunting,” that’s the wrong answer. The right one? Find out what your credit score is.
These helpful tips that will give you an advantage when shopping for a home loan. This will not just prepare you for the application process, but will potentially save you thousands of dollars.
If you’re in search of a new home, you’re likely debating the benefits of a newly built home versus an established one. There are several factors you should consider before you start your search. Let us give you some thoughts to ponder.
The Federal Reserve Bank, the central bank of the United States, dropped interest rates to zero for lenders in March 2020 in anticipation of the negative impact of the coronavirus pandemic. Covid-19 was not the only factor, but it was a key factor for reducing interest rates to some of the lowest levels in history, and this has created some tremendous opportunities for financing and home ownership.
Perhaps you share a driveway or access road with your neighbor, or you have a section of land that you share with others, or you have heard the words “utility easement.”
Title insurance is a form of protection coverage called “indemnity insurance” that is issued by a Title company and protects lenders and homebuyers from financial loss sustained from defects in the title to a property.
All you need to do is have a dream, visit with a quality builder, and then find the right financing option—like the One-Time Close Construction Loan option.
If you’re shopping for a new home, the good news is that there is one that’s just right for you. The downside is that it isn’t easy to find. The reason is that too often we can be fooled by looking at the wrong things. Homes are easy to stage to look appealing for a
If you have decided to custom build your new home, the most important challenge you will have is choosing the right builder. Here are 10 tips on questions to ask in order to pick the best builder for you.
It’s exciting to buy a new home. However, there are a lot of steps that go into this process, especially when it comes to your mortgage. Lenders need to know more about you to decide how much money they can lend you and at what interest rate. Being prepared to provide this information will make your homebuying experience much simpler and easier.
Touring around on a beautiful day to check out local neighborhoods can be a lot of fun, especially if you are considering building or buying a new home. The Texas Coastal Bend has dozens of neighborhoods to choose from, each offering houses of different styles and sizes and with many great amenities. Whether you are
It’s well known that buying a home is most likely the largest single investment we will make in our lifetime. That said, it makes sense that we should have a well thought-out plan to make sure we make the best decision that’s right for us. Here are some important points to remember.
It’s well known that buying a home is most likely the largest single investment we will make in our lifetime. That said, it makes sense that we should have a well thought-out plan to make sure we make the best decision that’s right for us. Here are some important points to remember.
It’s time for Sue and Frank to finalize their home purchase—but wait. Before they sign those important papers, it’s essential that they get title insurance for the new home they’re about to buy. Why would Sue and Frank, or indeed anyone, get this type of insurance? Well, because purchasing a new home is likely to
A home is the single largest investment that most people will ever make. So it’s just good sense to know how to protect it. Here’s a basic guide to some of the obvious—and not so obvious—things that can make a difference. The Importance of a Property Survey A survey assures the lender and the buyer
Lately, advertisements and commercials for “Do It Yourself” security systems have become numerous. They are cheap and a one-time purchase, but are they the best for your peace of mind, or would you prefer whole-house and yard coverage with 24/7 monitoring?