Research the Builder

Most builders are "good" builders. They take simple steps to protect their neighborhoods. Research your builder, or ask your Agent if your builder takes these simple steps to make sure that your neighborhood won't instantly go down in value:

  1. Limit the # of investor purchases - this makes sure that the neighborhood doesn't turn into a "rental" neighborhood & allows the "pride of ownership" to shine through.
  2. Continues to build equal or greater value homes in the same and surrounding neighborhoods. Builders who avoid doing this create a "vacuum" in home prices and instantly devalue new home purchases.

Choose Your Appraiser

You're going to pay for an appraisal one way or another! The lender will require that you have an appraisal in order to loan you the money for the home! Additionally, most appraisers charge about the same money for the service - so why not choose your appraiser? Ask around until you've been referred to a good appraiser and request that they perform the service. Ask for a copy of it and read it! Call your appraiser if you have any questions. This will give you an in-depth knowledge of the market area - and it's something you would pay for, regardless!

 

0 Comments on TIPS FOR BUYING NEW CONSTRUCTION

Leave a response…



(optional)
What does the graphic say?
 
Rainmaker_large

Vickie Kessinger

Rock Hill, SC

More about me…

Prudential Carolinas

Office Phone: (800) 878-4455 x 9623

Email Me

If I come across some useful information, I will post it. Funny Jokes or Tips are my favorite. Depending on the day, reflects what will be posted. But each post is with good intentions.


Links

Archives

RSS 2.0 Feed for this blog

Find SC real estate agents and Rock Hill real estate on ActiveRain.