Buying, selling, financing, and furnishing your new home is a fun and exciting challenge. Look at the articles, columns, blog posts, radio shows and videos for advice on new construction home building. With these helpful home construction tips, building a new home is a whole lot easier.
Builder Won’t Fix Problems From Low Water Pressure
A home buyer says the builder of their new construction problem didn't disclose a water pressure problem. The homeowner now has more problems from lack of water problem that the builder will not fix. The owner needs to determine what caused the problem and what is in the contract before going after the builder.
New Home Sales Fall from 2006, Mortgage Rates Fall Too
Sales of new homes in the U.S. jumped 4.8 percent from August but fell more than 23 percent from September 2006, the federal government reported today...
Brett Marlowe, Developer
Brett Marlowe talks about his philosophy of building new houses and what buyers look for.
How To Terminate Contract On New Construction Condo
A home buyer signed a contract to buy a new construction condominium two years ago and after several delays with the builder, he would like to get out of the deal. A real estate attorney can help walk you through new construction deals and prevent large losses later in a transaction. Under federal law, this buyer might have a right to terminate the contract if he didn't receive certain disclosures for the new construction condo.
Residential Construction Down 6 percent from June
The good news continues. Housing starts in July, 2007 were 1,381,000, down 6.1 percent from June. The bigger news is that housing starts are down nea...
Understanding Construction-To-Permanent Loans
Most large banks or major national lenders offer construction-to-permanent loans. Construction-to-permanent loans are desirable because you eliminate the need to have two closings (with all the commensurate fees) if you had a construction loan and then had to find a long-term loan once the property is completed. Construction-to-permanent financing can be costly, with a slightly higher interest rate.
Including Home Inspection Contingency In New Construction Contract
Make sure your new home still passes important inspections before closing. When purchasing a not-yet-built home, you should include a home inspection contingency as part of the contract. This way, if the home doesn't pass the home inspection, you as a buyer can delay closing until the problems are fixed.