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One of the most important services we provide is advice for new home buyers. In this blog we discuss common issues, tips, things to avoid, and builder info. Whether it's builder related, 'must have' features or common pitfalls, we'll try and cover it here.
Found 92 blog entries about New Home Buyer Advice.
We can't keep up with the price drops on new homes in Dallas-Fort Worth. The Fall is by far the best time of year to purchase a new construction home and DFW builders are dropping their prices to keep their inventory moving. Here is the latest hot sheet for top price reductions for DFW homes. Visit our price reduction page to get a complete view, or Contact me for more information.
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Currently, mortgage rates have been the best ever with regards to rates during the core summer buying season months. Normally rates climb during peak buying months, but this year has been unusual as rates continued to decline. That situation might begin to change as early as next month according to Federal Reserve Bank of New York president William Dudley. Stronger than anticipated job growth and improving general economic strength indicators are being cited as factors behind what appears to be an upcoming interest rate hike in September.
The basis rule is that when rates go up 1% it is like adding $30K to your
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DFW residents who have decided to buy a new home and have a home to sell, listen up, we have a powerful free move-up solution designed to cut your listing commission expenses, in many instances, all the way to $0. Being an "Independent LLC brokerage" greatly reduces overhead and middleman costs and allows us to extend to DFW New Home buyers the very lowest cost to 100% commission free sale of their current home.
Our best move-up offer extends to 10 of the best DFW area new home builders. With this group of 10 builders, as long as your new home is at least $50K more in price than the home you are selling your net listing commission cost drops to $0/0%! This means you get to save the entire typical 6% listing commission turning your largest closing cost
…Dallas Fort Worth area new home buyers are seeing early summer mortgage interest rates descend to near historic lows. As of Saturday June 18, "A paper" 30 year conforming rates have declined to 3.37% and 15 year "A paper" conforming rates have declined to just 2.6%.
The DFW real estate market remains strong. View year over year Real Estate activity statistics for Collin, Denton, Grayson, Tarrant, Dallas, Rockwall, Kaufman and Ellis Counties. Source for reports courtesy of Republic Title of McKinney. Each county is compared to the entire North Texas MLS average and then compared to 2015 Statistics.
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Prospective home sellers frequently ask what is the best way to maximize their home's eventual sales price? Many are surprised to learn they can double their pre-MLS listing fix up investment by doing some common sense updates and improvements BEFORE listing their homes. See our client marketing plan. Sure, having access to quality cost effective cosmetic contractors (we can help offer our recommendations) helps to keep your budget in check, but let me share this recent example of an ARG client we listed and sold last year.
This Allen Preowned Home was originally going to be listed around $225K as it needed a lot of cosmetic attention when we first visited (to view
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Why Client Cash Rebates Make Good Financial Planning Sense When Buying a New Home
Over the years I have communicated with a number of prospective "move-up" clients who just could not financially justify selling and buying a new home even with a 100% Commission Free Move-up because the final numbers just did work. In many of these instances, the prospective "seller" and "move-up buyer" did not get a cash rebate when they purchased their new home and when the final numbers were analyzed, they were just short of a first down and decided to stay put. If these new home move up prospects had an adjusted net purchase price on their current home that was 3% less, they could have justified the financials enough to buy up. So Rebates as they affect net
…When you search for a new home on texasnewhomerebates.com, you have special sort filters that allow you to quickly rearrange search results, and in this case, to help you find the the oldest new home listings first based upon DOM (Days on Market in MLS). Knowing this information can improve your bargaining power as no builder wants a completed new home to sit for an indefinite period of time. Each month a SPEC or Inventory Home sits, the builder's margin' decreases about 1% and so builders often will deal on a home to end their margin erosion and to get the home off their books and this is even more important during a builder's fiscal year sale.
When you use the right tools, you can gain leverage.
EXAMPLE: Looking for a New Highland Home in
…You know it really is not difficult to do this job right. It takes the right mental attitude, attention to detail, a caring personality and the willingness to work. With that said why do so many listing agents from some of the biggest brokerage names, insist on listing their client's homes incorrectly in MLS?
The number one question sellers need to ask of their prospective listing agent is this, how do buyers FIND their listing in MLS? The answer is rather simple actually, buyers enter their individual search criteria into any number of real estate websites and if your home fits their inputted description, you're on the short LIST! Unfortunately with many listing agents today, your home never makes "the list" because
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There may be storm clouds forming on the time horizon, one that could exact a major cost toll on the North American Real Estate Services industry and of course consumers who will be footing the bill. Instead of a free and open internet working to increase competition among Real Estate service providers and drive down costs, lead generation middlemen are instead trying to repackage the services of others, taking a big cut of the financial pie for themselves, while doing their best to convince consumers by obfuscation of the facts that they can help them save money! Well I'm calling Balderdash!
The fact is, when middlemen lead generation referral companies insert themselves into the financial vein of real estate services, consumers will ultimately
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