Buying "new construction" is a bit different from buying a previously-owned home. For one, because there is no previous homeowner, you don’t have to deal with a seller’s emotional tie to the property, which typically influences the negotiating process.
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Try realtor.com’s refinance calculator to find out if you should refinance your home. See how refinancing with a lower mortgage rate could save you money.
· Did you know: The underwriting process involves consideration of location, type of construction, and values that are associated with the property.It’s important if a property is located in a zone prone to hurricanes, tornados, or storm damage that this is noted. Underwriters also look to be sure that there are skilled, available fire professionals who can respond quickly in case of fire.
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TOMMY HIGGINS. Tommy Higgins is Executive Vice President, Services & Standards at NM Management, Inc. an Alexandria, Va., based company whose core services organization provides a complete range of real estate sales and service support to clients in Virginia, Maryland, and the District of Columbia. NM Management, Inc. includes century 21 New Millennium, First County Mortgage, Bay County Title.
· The Do’s and Don’ts of Buying Vacant Land. Buying a home can be complicated, but purchasing land to build on is a whole new ball game.
Homeowners have many fixed expenses, such as mortgage. to saving money and improving comfort, home energy efficiency helps efforts to reduce the carbon dioxide emissions that are driving climate.
Tips For Buying a New Construction Home. Many home buyers are unaware that the option of new construction home may available to them. It might be because they have seen the million dollar plus showcase new homes that they think the price is out of their reach or they might be thinking it is too much work and hassle to get the house setup in terms of selecting all the features.
Here are some tips and items to keep in mind if you have a client interested in purchasing new construction. Save big on new construction: secrets your buyers should know Agent
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