Working With an Agent When Buying a Custom Home

Building a new home is a monumental experience — from deciding on your ideal floor plan to selecting the perfect lot. Every decision is part of an exciting adventure to create a space that will reflect your vision and lifestyle. With such a complex project, enlisting the help of a knowledgeable real estate professional can be the differentiating factor between a stressful event and a smooth journey toward your dream home. Here are some of the numerous ways an agent can help you with a new home build.

Most importantly, a real estate agent is your dedicated advocate, who will focus on meeting your wants and needs for the best possible price.

Choosing a builder you trust is critical. Agents foster relationships with different contractors and can recommend the most reputable one who meets your criteria.

Financing for new home construction often goes through a preferred lender chosen by the builder. However, agents can maximize your funding options with other trusted lenders to find a mortgage that's best for you.

Builders upgrade model homes to attract buyers, and some of those features can be expensive. An agent understands the cost of upgrades and other expenses and can set expectations to ensure your vision matches your budget.

Real estate professionals understand the process of home building, are expert problem solvers, and can take much of the communication with the builder off your hands.

At the end of the journey, an agent will help during inspections and knows how to spot potential problems that may save you money in the long run.

Create a Welcoming Landscape

When selling a house, first impressions matter. The simple act of planting flowers helps create a welcoming landscape that can catch the attention of potential buyers. Because they bloom for only one season, flowering annuals are an inexpensive option, ready to dazzle from the moment they're planted.

Versatile petunias are sun-loving plants known for their abundant blooms and vibrant colors. Add them to pots or hanging baskets. Their sweet aroma also attracts butterflies and hummingbirds.

Striking and resilient, zinnias are no-fuss, cheerful flowers. Full blooms last a long time and add a touch of whimsy to any sunny spot.

For a distinctive look, plant celosia in sunny garden beds. Intense colors and plumed or crested flowers make a lasting impact. They're easy to care for, drought-tolerant and fast-growing.

Colorful impatiens are a charming option for shady areas. Delicate flower petals contrast against dark green foliage, creating a lush display.

Real Estate Vocabulary

Navigating the wide world of real estate terminology often feels like deciphering a complex language filled with unfamiliar jargon. But understanding industry terms is essential for making informed decisions, and a knowledgeable agent can help you make sense of it all. Here are a few words and phrases you'll want to know.

Annual Percentage Rate (APR): The cost of a loan or financing option on an annual basis. It includes not only the interest rate but also factors in points, broker fees and specific credit charges mandated for borrowers.

Buydown: An interest subsidy from a property developer or another third party that decreases a borrower's monthly payments, usually during the initial 3 to 5 years of the loan.

Fair Market Value: The estimated worth of a property under circumstances where both the buyer and seller have adequate information and are willing to complete a transaction.

Pre-Approval: A lender's estimate of the amount of money a potential borrower is eligible for when seeking a mortgage loan. This process usually involves examining an applicant's credit history and confirming income and assets.

Outdoor Kitchen Trends

The verdict is in — outdoor kitchens are set in stone as a sought-after feature in new home builds and remodels. With an ROI ranging from 60% to 175%, transforming your backyard into an oasis for memorable experiences can be money well spent. Here's what is trending in outdoor kitchens.

Flow
Make your outdoor living space casual and family-friendly with bar-height countertops and stools or conversational lounge chairs.

Function
Install a built-in grill alongside other kitchen amenities such as a sink, refrigerator, dishwasher, pizza oven, or smoker.

Form
Add shelter with a pergola or roof supported by wood beams or stone, and elevate your overall experience with features like a fire pit, heater, big-screen TV, and specialty lighting.

Exterior Home Improvements Under $1,000

Outdoor renovations can beautifully transform your home's exterior, and they don't have to break the bank. Explore these cost-effective upgrades that won't cost more than $1,000.

Create sleek garden beds featuring effortless perennials like hostas and daylilies, ornamental grasses and small trees. Secure the perimeters with decorative stone landscaping, and top it all off with fresh mulch or rock.

Give your patio, porch or deck a makeover. Updated outdoor furniture can provide a big renovation vibe for a small investment. Coordinating pieces deliver purposeful design to your space.

Add a focal point with a built-in fire pit or water feature. These low-maintenance elements are relatively easy to install and significantly elevate your outdoor living experience.