Hey everyone!!!! I am ready. Ready to buy my home. Please feel free to give advice, information, or just voice concerns. I am looking now for a builder. I am not sure if I should use a realtor or not. Don't they get a percentage??? Would it be cheaper for me to go straight to the builder???? Should I buy a new home or a older home???? Any help would be greatly appreciated. I am a no-brainer at this.
Realtors will get a percentage - but it comes from the seller, not the buyer (generally). Since you are a self-admitted no brainer, do you really want to trust a complete stranger, that has a vested interest in making the most money possible off of you, to look out for your best interests? A new home vs older home? Thats really a personal choice. If you choose the new home route. Investigate some of the builders other homes, get references, look for complaints, in short do lots of homework! I'm of the older home thought because its been tried and true. Take a look in Florida at complete subdivisions of "new" homes that were wiped out during hurricanes because of poor builds. If you are concerned about warranties, which don't usually come with older homes, you can buy your own for around $400 per year, depending on what kind of coverage you want. But again, do your homework here, some are much better than others!
jlynn, Thanks for the input........I figured it was going to be a time thing...... So, I will have to make a list and start investigating. Thanks again.
Yes! I once worked for a builder and as a routine of business they build in an average for real estate persons. If they sell more direct without a realtor they just adjust their budjet for the next year. It doesn't save you a penny although they would like you to think it does. The realtor knows the pitfalls to look out for that you don't. Believe me there are a lot of them. For instance who is going to pay for the interest while the house is being built. What if the house is not ready on time and the loan commitment runs out and the rates have gone up! lin
Yes! I once worked for a builder and as a routine of business they build in an average for real estate persons. If they sell more direct without a realtor they just adjust their budjet for the next year. It doesn't save you a penny although they would like you to think it does. The realtor knows the pitfalls to look out for that you don't. Believe me there are a lot of them. For instance who is going to pay for the interest while the house is being built? What if the house is not ready on time and the loan commitment runs out and the rates have gone up! lin
