Buying a brand new home can be one of the most thrilling things for a new homeowner—it's the ultimate clean slate just waiting to be filled with lasting memories. But buying a new home has a few caveats that really can't be ignored. Find out more about what's different with a new construction sale so there are fewer surprises.
The Timeline of Buying a New Construction Home
With a new home, buyers have to contend with the owner's schedules (which can be difficult enough). With newly constructed homes, buyers have to deal with delays from government authorities and nasty weather. Unfortunately, both climate patterns and local politics can be extremely unpredictable, so buyers should be ready for possible hiccups. However, it's important that
…
When should I sell? How can I make sure that I will get the most for my home? I can’t afford to own two homes, so how can I be sure I don’t get stuck with my house?
In Calgary and throughout Canada, there are several home architectural styles that are prevalent. The style of the individual home is likely influenced by the time period in which it was built as well as the neighborhood in which it resides. Home buyers should know that each home architectural style features a distinct floor plan and layout, which can influence their ultimate decision.
If you are seriously considering buying a property in Calgary you should get pre-qualified for a loan first. By doing so, you will be taken seriously by your real estate agent and home sellers. It shows that you have taken a step towards buying a house and you are committed to it.
Are you ready to get a mortgage? If you are and want to work with a mortgage broker here in Calgary, here are the top three questions you should be asking.
There are many benefits of homeownership. It creates a level of stability in a person’s life and provides a safe environment for children to grow and learn. A home can also have several financial benefits, creating borrowing power for the homeowner and the opportunity to build wealth that can benefit people for years to come.
Young home buyers purchasing their first homes often face steep challenges when tackling the home-buying process. From saving up to a down payment to navigating the rules, processes, and legalities of home-buying, first-time homeowners can sometimes find the process to be extremely intimidating.
What is a seller's market? A seller's market has too many buyers and not enough homes. Prices are high in a seller's market, forcing the buyer to scramble to obtain a deal on the home they wish to purchase. Though a seller's market is competitive, buyers who are serious about purchasing a home can adjust their strategies to ensure that they will stand out among the other buyers.
Real estate is a business but there are people behind the buying and selling of a house. There's a human factor involved that isn't addressed often enough and you can use this to your advantage. Instead of putting in an offer that comes from a stranger, you can personalize your offer with a letter. But on top of that, there are a lot of legal requirements that may baffle prospective home buyers. Here’s what you need to know when you write a home purchase offer.
Although you may think it's a silly question, a lot of people believe in haunted houses and say that they have seen evidence of other beings living with them. Whether you're a believer or not, this may be something to take into consideration when you're selling a home. If you do believe that a house can be haunted, it's something you may have to take into account if you find the home of your dreams! There may be other types of beings inhabiting the property that aren't in human form!