The Home Buyer's Korner

Information presented should be used for educational purposes only.

April 1st, 2015

Guy looking up in color

GREATER FRESNO CALIFORNIA

The Home Buyer’s Korner

Google+ RE Community

Google+ Mortgage Lender Community

Google+ General Contractor Communities

Custom Built Homes

Pros Of Building A New Custom Built Home 

new homeIf you hire a reputable custom home builder, maintenance over the first dozen years or so should be minimal. One of the main reasons to buy a newly built custom home is if you simply wanted to avoid the potential of any major maintenance and avoid any major upkeep. 

Most custom home builders will warrant their homes for at least the first year and cover any repairs. New custom homes come with new energy efficient appliances and have manufacturer’s warranties. If your central air-conditioning or other major appliances were to fail within the first few years, the warranty would cover it, saving you major out of pocket expense. 

New custom homes come with all the basics that you’ll have to renovate if considering an older home. Things like updated light fixtures, modern cabinetry, and new carpet are great advantages when building a new custom home. New custom homes are also built with current building codes, which means they may be greener and could save you money on your monthly utility cost. Although with a little planning even the oldest of homes can become just as energy efficient and a small footprint. 

The number one reason to build a custom home is a personal choice. You can choose your own lot and upgrades and the number one reason to build. Many home buyers simply can’t find exactly what they’re looking for in the market, so they build their dream home by employing a custom home builder. If you can’t get everything you want in an older home, build your own custom built home. 

Cons Of Building A New Custom Built Home 

Many custom home builders, in order to save money, have few floor plans to choose from and newer custom built homes just don’t have the charm of many older home offer.

In order to build a new custom home, you have to have enough time to get it build. A new custom built home can take months and even up to a year to build and the price per square foot is going to be a lot more than an older home. 

Most custom home builders don’t put the cost of landscaping into their initial bids. If you want your yard to have a well-established look with large trees you’ll have to most likely hire a professional landscaping contractor and you’ll pay extra for it. Most new custom home buyers build and don’t get landscaping done for years after the completion of construction. Make sure you understand the costs of landscaping early in the process.

If you’re thinking of buying a home, be sure to hire an experienced real estate agent and do your homework. Home buying should be a great experience whether you choose to build a new custom built home or buy an existing home. 

Use A Real Estate Agent When Negotiating With A Home Builder

A good real estate agent should be able to provide you with comparable sales to make sure you are not overpaying. Have your real estate agent accompany you to the design center to help them decide which options will actually add value to their home versus which ones are likely not going to pay off if you resale. They can point out possible issues with a resale of your planned home, which you might not be aware of.

A real estates agent is a professional who is on your side in the transaction. No other person represents you – not the builder or architect, or the general contractor. Real estate agents are paid out of the builder’s marketing budget, so having one involved doesn’t cost you a dime.

If you are not comfortable with pricing/negotiation, a real estate agent can assist you, in this case. Of course, some builders have a rule that the real estate agent has to be representing you from the beginning, so make sure you select one before you begin your home shopping.

VISIT OUR GREATER FRESNO AREA

HOMES FOR SALE LISTINGS

Livingston Homes for Sale

FIND HOMES THROUGHOUT FRESNO CALIFORNIA

HUD FORECLOSED HOMES IN THE GREATER FRESNO CA AREA

USDA HOMES IN THE GREATER FRESNO CA AREA

FIND FORECLOSURES IN & AROUND FRESNO CA

FIND MORE FORECLOSURES IN & AROUND FRESNO CA

CALIFORNIA HOME OWNERSHIP TOOLS

Your Home Purchasing or Refinancing & Renovation Tools,

Home Improvements, Home Renovations,

Mortgage Loan Officers, Real Estate Agents & General Contractors

are ready to assist you with your home purchase.

Here are just a few of the home improvements

you might consider with any Home Renovation loan

Repair or replace a roof

Install, replace or repair gutters and downspouts

Replace, repair or upgrade your HVAC system

Repair or replace plumbing

Install, repair or replace electrical systems

Kitchen remodeling (including the purchase and installation of appliances)

Bathroom remodeling, Full interior painting, Total exterior painting

Repair or replace a septic system and/or well

Disability access (wheelchair ramp, elevator, widen doorways)

Build, repair or replace deck, patio or porch

Basement waterproofing and finishing

Abatement/Stabilization of lead-based paint hazards

Replace old windows, Room additions, Finish an attic

Add a second story to your home

Replace a termite damaged sill plate (a water-damaged sill plate also)

Possible landscaping items such as correction of grading & drainage problems,

tree removal, repair a driveway and sidewalks

FHA 203K

Your Home Purchasing or Refinancing & Renovation Tool

Mortgage Loan Officers, Real Estate Agents & General Contractors

are ready to assist you with your home purchase

FANNIE MAE HOMESTYLE

The Conventional Alternative to FHA 203K

Great for Real Estate Investors and Second Home Renovations

Mortgage Loan Officers, Real Estate Agents & General Contractors

are ready to assist you with your home purchase

USDA RURAL DEVELOPMENT

Up to $10K for Home Improvements, Renovations or a Simple Remodel

Mortgage Loan Officers, Real Estate Agents & General Contractors are ready to assist you

A SIMPLE HOME SHOPPING INSPECTION TOOL

Organizing your home shopping experience affords a wise decision-making process.

This simple home inspection tool makes your ultimate buying decision a smart one.

To print this document click on “Open in New Window” located at the lower right corner;

click on “File”; then click on “Print”. In the center of the screen you will

have the option to “Create A Printable PDF of the Presentation”.

START YOUR PATH TO HOME OWNERSHIP TODAY

FNMA HomeStyle FNMA My Community Mortgage FHA One-Time Close Construction Portfolio or VA home loan Homes for Sale FNMA HomePath Properties HUD Homes USDA Homes Condominiums Co-Ops Townhomes Manufactured Homes Modular Homes Mobile Homes Log Homes Second Homes Investment Property 2-4 Family Custom Home Builders Custom Built Homes Leasehold Fee Adoline-Palm Historic District Estates Alluvial and West Bluff Estates Alluvial West EstatesArmenian Town Estates Ashlan and Valentine Estates Ashlan & Fowler-Armstrong Estates Audubon Wedge Estates Avaya’s Circle Estates Bella Montagna Estates Belmont-Dennett-Bengston-Parkway Estates Belmont-Divisadero-Blackstone-Fresno Estates Belmont-Fwy180-First-Fwy41 Estates Belmont-Fwy180-Fresno-Diana Estates Belmont-H-Fwy180 Estates Belmont-Olive-Cedar-Ninth Estates Belmont-Olive-Chestnut-Winery Estates Belmont-Olive-Maple-Chestnut Estates Belmont-Tulare-First-Sixth Estates Belmont-Tulare-Maple-Cedar Estates Belmont-Tulare-Maple-Chestnut Estates Belmont-Tulare-Sixth-Cedar Estates Blackstone-Maroa-Shields-Clinton Estates Blackstone-Maroa-Shields-Cortland Estates Bluffs Estates Blythe Bound Estates Brawley Estates Brawley-Stanford-Calimyrna-Kadota Estates Browning Heights Estates Brunswick Avenue Estates Bullard Estates Grantland Estates Bullard Loop Estates Butler-California-Cedar-Maple Estates Butler-California-Maple-Chestnut Estates Butler-California-Orange-East Estates California-Jensen-Willow-Chestnut Estates Carriage of Lennar Estates Cedar-Chestnut-Shields-Dakota Estates Centex Amberpoint Estates Central Valley Estates Central Westside Fresno Estates Champlain Drive Estates Chestnut and Woodrow Estates Chinatown Estates Church-California-Golden State-Fwy 99 Estates Church- Florence- Chestnut & Maple Estates Church-Jensen-Maple-Cedar Estates Clay-Tyler Ave Estates Clinton-Mckinley-Blackstone Estates Clinton-Mckinley-Blackstone-Fresno Estates Clinton-Shields-Fresno-Hwy 41 Estates Clovis Estates Colby Park Estates Cornelia and Ashlan Estates Cornelia-Dante-Bullard Estates Corona Tierra Estates Country Club III Estates Country Mobile Park Estates Craycroft Village Estates Dakota and Brawley Estates Dakota-Palm-Shields-Fruit Estates Dakota-Pontiac-Fresno-Mariposa Estates Dakota-Shields-Fresno-Fwy 41 Estates Dakota-Shields-West-Marks Estates Del Mar Estates Downtown Estates DR Horton Estates East Lexington Estates East Madison Avenue Estates East San Jose Avenue Estates East Side Floradora Estates Eaton Elementary Neighbor Estates El Dorado Park Estates Ellendale Estates Emily Estates East E. Santa Ana Bulletin Estates European Grove-Figarden Estates Fancher Creek Estates Figarden Estates Fig & Brawley Estates Fig Loop Circle Estates Fig Village Estates First-Millbrook-Shields-Michigan Estates Floradora-Olive-Millbrook-Cedar Estates Fordham Estates Forkner Sequoia Estates Francer Creek Estates Freemont Estates Fresno Diamond Estates Fresno East Estates Fresno-First-Mckinley-Weldon Estates Fresno-Nees-Angus-El Paso Estates Fresno Square Estates Fresno Zoo Estates Friant and Copper Estates Garden View Estates Garland Ave Estates Gates Fig Garden Estates GBGB Estates Generation Sunnyside Estates Germantown Estates Gettysburg and Feland Area Estates Gettysburg-Parkway-Shaw-Hayes Estates Golden State-Ashlan-Gettysburg-99 Estates Granville Sunnyside Estates Greater Tower District Estates Helm-Peach-Olive-Pine Estates Herndon-Fresno Estates Historic Huntington Estates Holt Estates Home Lansing Way Park Estates Hoover High Estates Horseshoe Estates Hunter Place Estates Hwy 41 Estates Industrial East Airport Estates Inner Loop Estates Island Waterpark Barstow Estates Jackson Park Place Estates Jensen-Church-Elm-Cherry Estates Jensen-Mason-Cedar-Ninth Estates Katy-Cecelia-Mckinley-Floradora Estates KB Homes Olive Lane Estates La Buena Vida-Allicante Estates Leavenworth Estates Lennar Estates Lennar-Clinton-Cornelia Estates Liddell Estates Logan Park to Bullard Ave Estates Lowell Estates Malaga Estates Maple Estates Maple-Behymer Estates Maplecreek Estates Marks-Escalon Estates Maroa Parks Estates Mayfair Estates Mccaffrey Highway City Estates McKinley and Marks Estates McKinley Ave Estates Mckinley-Olive-Cedar-Maple Estates Mckinley-Olive-Fresno-Blackstone Estates Mckinley-Olive-Millbrook-Fwy 41 Estates Melody Park Estates Meridian Estates Milburn Bluff Estates Millbrook-Eleventh-Floradora-Canal Estates Millbrook-Ninth-Cedar-Fountain-Dakota-Sh Estates Minnewawa Belmont & Tulare Estates Minnewawa-Peach-Huntington-Kings Estates Montelena Estates Mural District Estates N Charles Estates Nees Park Place Estates Nelson Chester School Estates New Haven Estates North Avenue Industrial Triangle Estates North Bond Street Estates North Creek Estates North Side Estates Northside Church Estates NorthTower Estates Northwest Bullard Estates Old Fig Garden Estates Old Herndon Township Estates Old Sunnyside Estates Olive & Brawley Estates Olive-Floradora-Hughes-Pleasant Estates Olive-Fwy180-Fresno-Fwy41 Estates Olive-Mckinley-Fresno-Fwy 41 Estates Oxford Commons Estates Palm Lakes Estates Palm/Shaw Estates Palm & Shields Estates Palo Alto Estates Palo Alto Place Estates Park Ridge Estates Parkway-Channing-Durant Estates Peach-Willow Estates Pinedale Herndon Ingram Estates Plaza Homies Estates Polk Estates Ranch Estates River Bluffs Estates Riverpark Estates River’s Edge Estates Riverview Estates Riverview-Riverpark Estates Royal Coach Estates Rustic Oaks Estates Sageberry Estates Saginaw Way-Farrin Estates San Gabriel Ave Estates San Jose & Brawley Estates Selma Layne Park Estates SE of Clovis East Estates Shaw-Maroa Estates Shawstone Estates Shepherd and Willow Estates Shields-Clinton-West-Hughes Estates Sierra Estates Sierra West Herndon Estates Silver Springs Estates Southeast Magnolia Estates South West-West Park Estates St Agnes First & Herndon Estates St. Johns Historic District Estates Stonemark Hones Estates Sun Garden Acres Estates Sunnyside Estates Sunnyside Central Estates Sunnyside East Estates Sunnyside Estates Sunnyside Grove Estates Sunnyside Haven Estates Sunrise Meadows Estates Teilman and Gettysburg Estates Teilman Heights Estates The Bluffs Estates The Circles at Decatur Estates The Dominion Estates The Masters Collection Estates Tower District Estates Tower District Area Estates Trend Big Country Estates Tuscan Bluffs Estates Tyler East-West Estates United Community Estates University Portals Estates Ventura-Butler-First-Chance Estates Veteran’s Blvd East Estates Wathen Mansionettes Estates West-Hughes-Kearny-Canal Estates West of Selma Layne Park Estates Willow-Helm-Olive-Mckinley Estates Willow Perrin Estates Windsor North Vicinity Estates Winery-Willow-Olive-Mckinley Estates Woodrow Culdesacs Estates Woodside Estates Woodside Park Condominium Estates Woodward Estates Woodward Lake Estates Wrenwood Estates Butler Calwa Cecile Cincotta Eshel Goldleaf Hammond Malaga Mattie West Park

Join us at Real Estate Social

Comments are closed.