It can be confusing to enter the world of real estate and have no idea what anything means. That’s exactly why we created this short list of real estate terminology you’ll hear from brokers whether you’re buying a new construction home or selling a home you’ve treasured for years.
What are some of the reasons to buy a new construction home? Low mortgage rates, more buying power. With current mortgage rates at historic lows, now is the time to buy.
When buying a new construction home, you are the first owner. It’s exciting to think about buying a property where the bathrooms are pristine, there are no stains on the carpet, and there are no “weird tricks” to open any doors. When the home reaches completion and closing is nearing, there is typically a home inspection on the property. To help you navigate this process, we would like to share the complete new construction home inspection checklist. This guide will help you to look for any issues that may still need attention.
Social Distancing is now a part of our life; at the grocery store, the playground, and when gathering with friends. We know that we can carry on with our lives, but we need to maintain a safe distance. You may be wondering how to buy a new construction home during this time; it’s no different. The good news is, there are many virtual options available now that help you learn about and explore a home before you even step inside in person.
The closing process to an MN Custom Homes New Construction home has very exciting, sequential steps. Let’s take a closer look.