The Pros and Cons of Buying a Newly Built Home

According to Trulia’s latest survey, twice as many people prefer new homes to existing homes. “New” means exactly that: brand-new properties that have never been lived in before, or homes purchased in the preconstruction phase. On the flip side, “existing” homes are preowned properties, most of which were built between the 1920s and the 1970s. …

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Why Are Closing Costs SUCH a Big Deal?

It’s important to understand the closing costs you’ll be responsible for when you sign the dotted line. Buying a home is stressful — period. The searching, the paperwork, the negotiations, and then your carefully accumulated savings, gone in a flash. While the down payment is the primary cost most pay attention to when buying a …

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8 Things Your Home Inspector Won’t Inspect

Don’t overlook these areas that may be outside your inspector’s area of expertise. Inspection day is exciting. It’s an opportunity to spend an extended period of time in your new prospective house, exploring every nook, cranny, closet, and attic. You get to turn on all the faucets and run each of the showers. You get …

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Will 2015 Be Better or Worse for Real Estate?

Recovering prices are drying up the stock of affordable homes in major metro areas, but shoppers in a mood to buy are optimistic. Whether you’re looking to sell your home or spent the last year waffling between renting or buying, you probably have one question as we enter the new year: Will 2015 be better …

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