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seller fiancing a home - is it your best option?

Are you thinking about selling your home? Has someone approached you about seller financing the home? Is this an option that you need to know more about? Working with a real estate agent can help you avoid costly mistakes when selling your home. He or she can help you learn about seller financing and determine if it would be a good option for you to consider. My real estate agent helped me sell my home to a wonderful family that didn't have credit that was established enough to take out a traditional mortgage. Visit my site to find out what we looked for to determine if this was a wise decision for us to make.


seller fiancing a home - is it your best option?

3 Questions To Ask The Builder If Buying A Brand-New House

by Dan Vasquez

Shopping for a home to buy is a process that often takes weeks or months. If you have decided to limit your shopping to brand-new homes, you may have fewer options to choose from, which may help speed up the process. Buying a brand-new house is a great option, simply because everything will be new, but there are some questions you may want to ask the builder if you find the right house to buy.

Is it too late to make changes?

If you find a new house for sale that is not completely finished, you might want to ask the builder about making changes. While it may not be possible to make changes to parts of the house that are already finished, it may be possible to make changes to things the builder has not yet completed.

An example of this is the flooring in a home. If you want a certain type of flooring, you might be able to choose the type you want if the builder has not yet ordered the flooring. If you do this, be sure to ask if there will be an extra fee for the flooring you choose, because there could be if you choose a flooring type that is more expensive than the type the builder was planning on using.

Is the home part of a homeowner's association?

A second thing to ask the builder is whether the home will be part of a homeowner's association (HOA). If it is, it means that some of the maintenance may be included with the house. In exchange, you will have to pay monthly dues. If there is an HOA, it's important to know this ahead of time so you can budget in the monthly dues.

What type of warranty comes with the house?

The final question to ask is about the warranty the builder offers with the house. Most builders will offer several types of warranties. For example, a standard 10-year structural warranty is common in most states. This means that your home is guaranteed to be structurally safe for the next 10 years. If you experience any major problems with the structure, the builder will have to fix them.

The other type of warranty many builders offer is a one-year warranty. This warranty protects you for the first year you own the house. If anything breaks or goes wrong, the builder will have to come to your home and fix the problem.

There are a lot of benefits of buying a new house, and you can learn more about new homes for sale by contacting a real estate agency like LEGENDS REALTY.