new construction cincinnati: Confidence Builder: Make the Most of Newly-Constructed Homes - 11/17/10 09:31 AM
Confidence Builder: Make the Most of Newly-Constructed Homes
For the aspiring homeowner, there are always some unknowns to navigate. For home-seekers looking to buy a newly-constructed home, they must also contend with fierce competition, as well as the uncertainties of buying a house, in many cases, that doesn't even exist yet.
Heightened demand has accelerated new construction. Advancing technology has allowed the selection of homes based on virtual tours of the future home's plans. Such options can help the consumer build their house to their every preference, while making it as accommodating in real life as it is promising on paper.
… (0 comments)
|
new construction cincinnati: Transfer Fees on New Construction Homes in Cincinnati - 09/09/10 08:26 AM
Be careful if you're looking at new construction homes. There are builders out there trying to work in transfer fee language that applies to the owner when they sell the home.
Basically, when the owner sells the home they would have an extra fee sometimes 1-3% of the purchase price, which would go directly back to the builder. This fee would be effect for a period of time (I've heard some are up to 99 years), and it goes with the property so the new owner would inherit it, and new owner, and new owner, etc.
Supposedly the government loans are looking into it … (1 comments)
|
|
|
|
;)
;)
