Overview There is a large influx of buyers into the market this year, and New Home Builders are gearing up to fill a need for housing in the Tampa Bay Market. Buying "New Construction" is a bit different from buying a previously-owned home, you will be the first one to live there, so rather than dealing with a previous owner, you will work directly with the builder and his representatives. As with buying any home, you need to secure financing before you even begin house hunting. Get pre approved by a … (2 comments)
new construction: 5 steps to buying a New Construction Home Step 5
- 06/02/15 02:08 PM
The Closing. Well we made it! Time to close the deal and own your Home. Let's review and get things ready for the closing. Your mortgage should be approved and the funds wired to the Title Company handling the closing. You should get an estimate of the required funds from the Title clerk and in most cases, you need to wire the funds to the Title company's account. You still have a few loose ends to take care of, you need your homeowners insurance policy in effect for the day of closing, paid in full. This includes wind, flood and liability riders that are required by … (2 comments)
new construction: 5 steps to buying a New Construction Home Step 4
- 05/25/15 04:16 AM
Step 4. Inspections When you buy a New Home, there are different types of inspections you should do. If you are buying an inventory home, you should have an independent home inspection, at your cost, performed by an inspector of your choice. Preferably someone with a background in home construction. This will encompass all of the home and it's many components. If you are building from scratch, you should have a "phase inspection", this is conducted just like it's called, in different phases of construction. Such as the slab, framing, trades (electrical, plumbing, HVAC etc), insulation and drywall, well you get the idea, a lot … (3 comments)
new construction: 5 steps to buying a New Construction Home Step 3
- 05/19/15 01:02 PM
3. What do you get for your money? When you buy a new home, some things are included and some are not. Some builders include almost everything, including window treatments and appliances. Other give you very low end floor coverings, flat paint, Formica counter-tops........ But wait, you can go to the "Design center" and pick out your upgrades. This is the step that can really cost you money, it can increase the final price of your home. from $200,000 to $240,000. And many times you can get the same upgrades, at half the cost, by doing it later. For example, you can get tile floors and granite counter-tops for … (0 comments)
new construction: 5 steps to buying a New Construction Home
- 05/08/15 03:42 AM
There is a large influx of buyers into the market this year, and New Home Builders are gearing up to fill a need for housing in the Tampa Bay Market. Buying "New Construction" is a bit different from buying a previously-owned home, you will be the first one to live there, so rather than dealing with a previous owner, you will work directly with the builder and his representatives. As with buying any home, you need to secure financing before you even begin house hunting. Get pre approved by a bank or mortgage lender. I have included a link to get started with a lender, Tyler Cain, Embrace Home Loans NMLS# 118156 https://secure.embracehomeloans.com/Application/ApplicationRedirect.aspx?LO=1384&Code=&Msc= Decide how … (2 comments)
By popular demand, I have re-posted the entire series. I appreciate your comments, and I would also be honored, to be followed by you.
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