Tips for Selecting New Homes
New homes are in demand again as the economic backslide begins to settle to a slow crawl. Consumers who have been waiting out the market crash are now starting to enter the housing market again, a...
If you are one of these future home buyers you should make sure you know what you want before you start looking at real estate. Do you want a custom built home, or a home that is already in place? Builders hoping to profit on their designer homes before the crash built many new homes in place. It’s not hard to find a new home in great shape that has never been lived in, even if it is a few years old. You may find a bargain by getting a home sitting empty with all of the bells and whistles already in place.
You should also consider how much home you want and need. The old school standard was to buy the biggest home you could afford, but the downside to this has been the huge energy bills. Plus, most state governments will access a higher tax base on a larger property than a smaller one. So if you don’t really need three thousand square feet, then ask yourself if you really want to pay the taxes on that much home.
Believe it or not, homes under 1,000 square feet are actually a hotter commodity right now as more consumers see them as environmentally friendly and cheaper to maintain.
Location, location, location- the most important part of any new homes is their location. The nicest home in the world will lose its charm if you are located next to a garbage dump or under a major airline flight path.
If you find a home you really like, visit it at least three times or more at different times of the day and ensure that the area doesn’t radically change during the times your realtor doesn’t encourage you to visit. That is a red flag. Your realtor should know if the home has an undesirable neighbor or problem, and they should inform you accordingly. So, perform your own due diligence and talk to your realtor about any problems you perceive.
Finally, in today’s market, you can take advantage of the low interest rates and price tags to get a home that you may not have been able to a few years ago when prices were so inflated.
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When looking for new homes in Huntsville there is one source everybody should go to first. Check out: http://www.markharrishomes.com/.