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Buying A New Home

Buying a new home is an exciting venture! Obviously if you're looking at a new home, you don't want someone else's appliances, carpeting, wall paper, tiles, counters and more. You want it all the way you've dreamed it would be. If you've always dreamed about buying a new home, then these steps may help your dream become a reality.

Buying A New Home

The first thing you should do when buying a new home is to hire your own agent. The agents that work for the builder represent them, not you. They may use different tactics to put pressure on you; don't let anyone force you into doing or deciding on anything you don't want you. Instead, come to the table with your own agent who's there to represent you and your goals.

Also, when you're negotiating with a builder, that doesn't mean you have to use their lender. Buying a new home is a big step so take the time to shop around and find the lender with the terms you find most comfortable. Sometimes, however, a builder's lender offers incentives like appliances or money towards down payments for using theirs. If you're happy with their terms you might be inclined to use them after all.

Before you sign the contract for buying a new home, have it evaluated by a real estate lawyer or agent. He or she will be able to guide you through the contract, translating the legal terminology so you can fully understand what's in the contract. Also, during this time it's good to check out the builder's reputation to ensure his standards are actually as good as he says they are.

It's an exciting time when you're buying a new home! Taking the time to do some research will help ensure you have the best experience possible.

RealtyTrac


 
 

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