Buying a New Construction Home: What You NEED to know
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- เผยแพร่เมื่อ 26 มิ.ย. 2024
- ⭐Have mortgage questions? Pick a time that works best for you here
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⭐ Call Me: My cell phone is 707-478-0637 I am happy to help. Let’s get you home!:)
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Timestamps:
0:00 What You Need to Know
0:20 Not a Construction Loan
0:32 Lawsuits (e.g., Mold)
1:00 How to Research Big Builders
1:50 Sloppy Construction
2:45 Homeowner's Facebook Group
3:10 Warranties
3:50 Home Inspections
4:45 Inspector Banned from Some Houses?
5:15 Preferred Lenders
5:30 Killer Deals?
6:05 Builder's Intentions
7:00 It's So Distorted
7:25 If You're a Buyer
7:45 We Will Look at Your Loan Estimates at 707-478-0637
Licensing info: Jennifer Beeston, SVP Mortgage Lending NMLS 247743 at Guaranteed Rate, Inc. NMLS 2611 Branch Address: 1750 N University Drive, Coral Springs, Florida, 33071 Equal Housing Lender
For licensing, go to www.nmlsconsumeraccess.org
Top 1% in the nation 2016-2022 www.zerostressmortgage.com
NMLS 247743 Guaranteed Rate NMLS 2611
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Applicant subject to credit and underwriting approval. Not all applicants will be approved for financing. Receipt of application does not represent an approval for financing or interest rate guarantee. Restrictions may apply, contact Guaranteed Rate for current rates and for more information. All information provided in this publication is for informational and educational purposes only, and in no way is any of the content contained herein to be construed as financial, investment, or legal advice or instruction. Guaranteed Rate, Inc. does not guarantee the quality, accuracy, completeness or timelines of the information in this publication. While efforts are made to verify the information provided, the information should not be assumed to be error free. Some information in the publication may have been provided by third parties and has not necessarily been verified by Guaranteed Rate, Inc. Guaranteed Rate, Inc. its affiliates and subsidiaries do not assume any liability for the information contained herein, be it direct, indirect, consequential, special, or exemplary, or other damages whatsoever and howsoever caused, arising out of or in connection with the use of this publication or in reliance on the information, including any personal or pecuniary loss, whether the action is in contract, tort (including negligence) or other tortious action. Guaranteed Rate, Inc. is a private corporation organized under the laws of the State of Delaware. It has no affiliation with the US Department of Housing and Urban Development, the US Department of Veterans Affairs, the US Department of Agriculture or any other government agency.
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Thank you for this.
We love and appreciate your promptness and candidness with which you address the possible oversights and grim realities of real life home buying situations. Your videos always offers a message of hope and promise...Your passion to serve in this Real Estate industry is second to none in my opinion. 💯%👈.
Thank you ❤️
We bought a new construction in PA. We did a private pre-drywall inspection and also a final inspection. Minors things were found and fixed before the closing. The experience with the Project Manager was great. However, financing with the preferred lender was a nightmare. After a few weeks of negotiations they decided to match other lender’s rate and let us use the credit toward the closing costs. Otherwise they were using all the credit to buydown the rate and match the other lender rate. When we said, you know what, we’re not doing the loan with you, the comes up with a better deal.
Yep they love to give you a terrible deal until you threaten to walk. It’s cray
I love watching home inspector videos of new construction! Horrifying to see what is out there.
New construction baby!!!🎉
So thankful 🙏
Happy to help
I wish you had made this video before I decided to buy my house 2 1/2 years ago.
Even if builders give $X in concessions, one needs to know if those upgrades are being inflated compared to market. A great example is flooring. Builders charge almost double for flooring to be done compared to having it done after closing.
#facts
My first house was new construction and I had issues from the start. My builder never asked if they could help, never visited the property after closing, never spoke to me again. Took my money and ran.
Sorry to hear you went through that. Need legislation around builders for sure
Hey me and CJ are going through this!!!
How to find a good home inspector?
Hi Jen, so even we have a home inspector, but how do we know if that person is doing the right work, if he checks everything or not? And is there a guarantee from what the inspector does or not?
I have not seen any home inspectors prosecuted when they make mistakes, and I hear about a lot of mistakes. The best thing you can do is really research the home inspector before you hire them and ask to have the home inspector walk you through everything at the end of their inspection. That’s the only way you’re going to know they checked everything is if you literally have them walk you through everything they looked at and ask questions.
Your videos are awesome
Thank you so much 😀
A shower curtain Barb picked up at Walmart on the way to work ROFL
Barb is part of the “always be closing “ tribe 😂
you're in coral springs now? or just one of your offices?
I moved to Florida in 2/23:)
Wait a minute, is Barb married to Bob?
Bob is Barbara’s preferred lender 😂