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Buying, selling, financing, and furnishing your new home is a fun and exciting challenge. Look at the articles, columns, blog posts, radio shows and videos for advice on new construction home building. With these helpful home construction tips, building a new home is a whole lot easier.

Tax Implications Of Flipping Real Estate Before Construction

By | February 21st, 2006|

This reader is hoping to flip a property before it is constructed but is concerned about the tax implications. Ilyce explains if you make a profit by selling something that you own, even if it's real estate that gets flipped before construction is complete, you have a taxable gain. Just what kind of tax gain you would get flipping pre-construction real estate, hinges on the question of what it is that you bought and when you are considered to have made the purchase under tax law.

Negotiating New Construction Purchase From Out-Of-State

By | December 19th, 2005|

Purchasing a home from another state can be a confusing process. The developer has only given them 10 days to sign and return the contract. Hire a real estate attorney that has extensive experience with new construction purchases. Builder/developer contracts tend to be one-sided, and as a buyer you may not be aware of all the issues that could creep up in a new construction deal. The attorney should review the contract and negotiate any changes with the builder.

Building Up Grade For New Home

By | December 12th, 2005|

A homeowner is concerned about the grade leading up to their new home that the builder is working on. The builder is now stating the contract contains only an estimate in the height of the grade and they may incur additional costs. Most contracts will hold the new owners responsible for any "unforeseen circumstances."

Real Estate Trends 2005: New Construction Sales Up, Existing Homes Down

By | November 30th, 2005|

2005 real estate trends show a rise in new construction sales, but a decrease in the sales of existing homes. The National Association of Home Builders just released their data on 2005 real estate trends, showing that new construction sales increased 13 percent but sales of existing homes fell 2.7 percent.

Tips For Buying A New Construction Home

By | November 21st, 2005|

A buyer is thinking about buying a new construction home. They were told by their real estate agent that the price is not negotiable. They are also concerned about the lack of track record in their neighborhood with the builder. Builders often don't negotiate price on new construction, but they may be willing to upgrade the details and appliances. Also, any builder worth working with should be able to give you recommendations of a few people he has worked with in the past few years.

Home Seller Fails To Disclose Significant Problem

By | November 14th, 2005|

A buyer purchased a home and no major problems were disclosed. The buyer later discovered that the pool was leaky, but the seller didn't disclose the problem even though evidence of it was on a water bill. The buyer might have good evidence to sue for seller disclosure.

The Bathroom Idea Book (Idea Book Series)

By | October 4th, 2005|

The Bathroom Idea Book by Andrew Wormer. The bathroom is a quiet, comfortable, private place within the home, so it's no surprise that modern American...

Buy New Construction With Real Estate Agent

By | September 26th, 2005|

When you're buying a new construction home it helps to have a real estate agent to assist in the transaction. While you may think you don't need a real estate agent to help with a new construction purchase, the builder or developer has likely already included the cost for an agent in the selling price. The seller may not change his price just because you want to buy without a real estate agent.

Seller Experiences Trouble With Builder

By | September 26th, 2005|

A homebuyer is purchasing a home from a seller who bought it from a builder as investment property. The buyer likely doesn't have any recourse against the builder since they aren't buying it directly. The seller would have to go after the builder for any work that wasn't done.

Buying A Condominium Home

By | August 20th, 2005|

When you're buying a home you may be considering a condominium. A condominium is a housing unit where you own the air space within the walls and possibly the plumbing and a parking space, but not the actual physical structure itself. Condominium units usually have a homeowners association and a condominium declaration that outline how ownership works and rules to live by.

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