Inspection report is needed, because the exterior of the home isn’t something that buyers are adept at. Inspectors can look at the roof and window fixtures, because you never know how the warranty division will refuse to accommodate.
Thanks for watching my video & for your insight. It's very much appreciated. If someone feels like the need an inspection then I always recommend one, but in most situations & with most reputable home builders an inspection is not needed.
This video was helpful. I am still in the decision stage. After bidding on my dream home and losing :( I decided to build. I found a lot in update NY and met with builders. The builders will front the cost to build and cash out at the end with the bank so I can avoid the whole construction loan. I need to proceed with purchasing the lot and hiring the builders, architect etc but I didn't realize all the hidden out of pocket fees associated with a homebuild like permit fees, engineering etc. The lot is 30k and I am hoping to get it for no more than 20k. I'm sure I want to build I am just scared that I will have exhausted my entire savings. DO you have any advice for how much someone should have saved when looking to build, when it comes to out of pocket cost?
Thanks for watching my video & for your excellent questions. Most builders in Utah include the cost of permit, engineer, architect & etc in their cost to build. As far as how much one should save, that dollar ammount can vary drastically from location to location & also depending upon the price of the home you're looking to build. In most situations, you'd want 20% of the final cost to build saved. The builder should be able to give you a solid approximate cost for everything. Please let me know if you have any other questions & best of luck to you.
Thanks for all your informative videos. I just signed a contract for a new construction for completion in December. The sales agent said the prices will be going up. Is that normally true? I just hope I didn’t get ripped off.
Awesome. How exciting for you. I'm sure the salesperson was telling the truth. If you go back in a few weeks & prices haven't gone up be sure to call him out on it. Best of luck! Oh, and where are you building a home?
That's an excellent question. I would say yes. Obviously price would be a consideration. But as long as it's in the a comfortable price range I'd go for it. Where are you building a home?
Hi Ty, I am a first time home buyer. We have been actively looking at preowned homes and new construction. We are a little bit intimidated about the new homes. We really want to make a better decision. Any recommendations in Southern California?
What part of So. Cal? My brother lives there & I love to surf with him at Huntington Beach. As far as building vs buying existing I have a video that explains that better. You may want to check it out. I feel like you get a better value by building so that's what I recommend. You just need to set a budget & refuse to go over it. Please let me know if you have specific questions. And, please keep me updated on your journey.
Ty Wilde Realtor & New Home Construction Specialist I currently lived in Long Beach on Ocean Blvd near Belmont Shores. With the housing price at the moment, we can only afford the Inland Empire. Which I have been researching few Builders in the area. I love listening to your RUclips videos. I just really need some good education on how we are going to approach our buying strategy. This will be my husband and I first home and it means a lot 😊
@@clayejoiner4075 Well, if possible don't buy from one of the large National builders. See if there's a mid size local builder that has great online reviews. If that builder has built several homes in the neighborhood you're considering, go talk to some of the neighbors. Ask them how much upgrades were so you can figure out about how much the home is going to cost. Another strategy would be to just buy a builders quick move in home if they have any.
Ty Wilde Realtor & New Home Construction Specialist Yes, I think they are going to show us few inventory homes this weekend. This is our first new construction homes appointment this weekend. Have you heard about Meritage homes or KB homes?
@@clayejoiner4075 Great. Best of luck to you. Just make sure you save some time to talk to the neighbors about their experience with the builder. I don't know Meritage but I believe KB does a good job.
Hi Ty, Thanks for your videos they have been encouraging to me to more forward with building a new house. I have a lot to say so hope I don’t stress you out. I’m looking at a lot in West St. Paul, Minnesota 55118. This is tax forfeited land and the way it looks is that there is a reassessment fee of $45,000 on top of $40,000-$50,000 it will be auctioned for. My question is is it worth it for $95,000 if it’s valued at $60,000. Will the valve go up if I purchase it at $95,000? The next thing is I grow up building house for a local home builder and I’m considering getting my own contractors license and building it myself/a crew. My question here Is how much can I save % wise by doing it my way vs. having a contractor do it? Again thank you for taking the time to make these video wise you all the best.
Robert, Thanks for watching my video & for your questions. To be honest, as a sales person, I'm not privy to the profit margin homebuilders charge. I'm not comfortable even guessing. As far as the price goes, if you love that particular piece of land & you think it's worth paying that price then I'd say do it. Also, because I'm not familiar with that location, I have no clue how long it would take for your land value to increase to what you paid for it. I'm sorry. I know I haven't been much help. All this being said, if you build it yourself & save $30k then it would probably be worth it & I'm guessing you could do that. Best of luck.
I figured it was a long shot and I understand you’re not familiar with my area. However thank you for replying and keep making video they are inspiring for people on the fence of buying or building. I have chosen to be inspired by you and others to just go for it and build. Thank you.
Great video as always ... In your opinion what's reasonable for me to spend on a gourmet kitchen upgrade from 5he builder (roughly estimate from your experience and basic nothing too fancy)
Peter Mikhael In Utah it’s pretty common for people to pay approximately $4300 for the gourmet kitchen. That being said, that number can vary significantly based upon what is included in that option.
Thank you for the informative video. I have a question I was hoping you can answer for me. I am renting an apartment and currently accumulating credit towards purchasing a new home from specific builders such as KB, Beazer etc. However, it looks like part of the conditions for using the credit towards a new construction home includes not being able to use the services of a real estate agent. I was hoping maybe you can clarify that for me and the reason behind it. I am a first time home buyer and not sure what to do. Am I only allowed to use the services of a sales counselor at the site to help me with the purchase of a new home? I would appreciate your help. Thank you.
ppeliper1 Great question. Thank you for asking. So, obviously homebuilders don’t want to pay an outside real estate agent. 3% of a $400,000 home is $12,000 so obviously they would like to keep that money. So, when you visit a homebuilder your real estate agent must be present or the homebuilder does not have to pay them and they won’t. So, when you’re out looking at homes make sure your real estate agent is with you and then you will be welcome to use the agent.
It's actually about the same. You'll probablly want to watch this video on Building a home vs buying an existing home. Here's the link... ruclips.net/video/vLIRgRpAhew/видео.html
Ty Wilde Realtor & New Home Construction Specialist I actually just finished watching that one before I commented. I love watching your videos. Outstanding job. Thank you sir!
Ty Wilde Realtor & New Home Construction Specialist another question for you. I’m in Phoenix Arizona but do you know if there are grants for first time home owners that decide to build their first home?
Keith Kirk Awesome, I was raised in Phoenix. I love that part of the world! There may be some grants for first time homebuyers and I’m pretty sure you could use those rather you’re buying existing or building. A lender would be able to answer that question for you more specifically .
Ty I am looking into purchasing a new home in Eastern Washington. The home I am wanting is with a walk out basement. My question to you can I negotiate with lot price because it is building close to a major freeway.
Aquarius nelson thanks for watching my video and for your question. Normally, a homebuilder will increase the price if the Best homesites in the community and decrease the price a little if it’s in a less desirable location. So the builder may feel like they’ve already reduced the price. That being said, I would tell the builder that I love your homes but I would like to offer $10,000 less on this particular home because it’s so close to the freeway and submit your offer that way. Best of luck to you. Please let me know if you have any other questions.
David Timmreck thanks for watching my video and for your question. As far as I know, Oakwood Homes does a good job. I definitely haven’t heard anything really negative about them. Where are you at in the process?
@@TyWilde Just went under contract on Friday. It was fast paced because it was the last lot and it was a great deal. Upgrades seemed a little steep. We still need to do interior upgrades. I do have a realtor already so I just hope he'll do great in negotiating during the closing process.
David Timmreck congratulations! Building a home is super exciting. As far as negotiation goes, the agent should have done that before the contract was written. Once you’re under contract, builders rarely negotiate. Upgrades can be kind of steep depending on the builder. I’m not sure how Oakwood Homes is. Best of luck to you And please let me know if you have any other questions.
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great video.........earned a thump up! (already subscribed)
Thanks for Subscribing & for the compliment. I hope you have a great day today.
Inspection report is needed, because the exterior of the home isn’t something that buyers are adept at. Inspectors can look at the roof and window fixtures, because you never know how the warranty division will refuse to accommodate.
Thanks for watching my video & for your insight. It's very much appreciated. If someone feels like the need an inspection then I always recommend one, but in most situations & with most reputable home builders an inspection is not needed.
This video was helpful. I am still in the decision stage. After bidding on my dream home and losing :( I decided to build. I found a lot in update NY and met with builders. The builders will front the cost to build and cash out at the end with the bank so I can avoid the whole construction loan. I need to proceed with purchasing the lot and hiring the builders, architect etc but I didn't realize all the hidden out of pocket fees associated with a homebuild like permit fees, engineering etc. The lot is 30k and I am hoping to get it for no more than 20k. I'm sure I want to build I am just scared that I will have exhausted my entire savings. DO you have any advice for how much someone should have saved when looking to build, when it comes to out of pocket cost?
Thanks for watching my video & for your excellent questions. Most builders in Utah include the cost of permit, engineer, architect & etc in their cost to build. As far as how much one should save, that dollar ammount can vary drastically from location to location & also depending upon the price of the home you're looking to build. In most situations, you'd want 20% of the final cost to build saved. The builder should be able to give you a solid approximate cost for everything. Please let me know if you have any other questions & best of luck to you.
Now that's wild LOL 👍🏼👍🏿👍🏻👍👍🏾👍👍🏻👍🏿👍🏼
Yes. Yes it is!! Thanks!!
Thanks for all your informative videos. I just signed a contract for a new construction for completion in December. The sales agent said the prices will be going up. Is that normally true? I just hope I didn’t get ripped off.
Awesome. How exciting for you. I'm sure the salesperson was telling the truth. If you go back in a few weeks & prices haven't gone up be sure to call him out on it. Best of luck! Oh, and where are you building a home?
Ty Wilde Realtor & New Home Construction Specialist Thank you! I’m building in North Carolina. :)
@@il0vechanel910 Awesome. I've never been, but I'll visit someday for sure.
This is amazing info!! Thank you for these videos!
Oh my gosh, thank you so much for the compliment I appreciate it more than you know. You're welcome. Where are you looking to buy a home?
Do you feel 9ft walls are worth the investment for an open floor plan?!
That's an excellent question. I would say yes. Obviously price would be a consideration. But as long as it's in the a comfortable price range I'd go for it. Where are you building a home?
Great info. Only wish I saw this video before a recent home purchase. Thanks!
Thanks for watching & for your comment. I guess you'll be more prepared for the next house!
Hi Ty, I am a first time home buyer. We have been actively looking at preowned homes and new construction. We are a little bit intimidated about the new homes. We really want to make a better decision. Any recommendations in Southern California?
What part of So. Cal? My brother lives there & I love to surf with him at Huntington Beach. As far as building vs buying existing I have a video that explains that better. You may want to check it out. I feel like you get a better value by building so that's what I recommend. You just need to set a budget & refuse to go over it. Please let me know if you have specific questions. And, please keep me updated on your journey.
Ty Wilde Realtor & New Home Construction Specialist I currently lived in Long Beach on Ocean Blvd near Belmont Shores. With the housing price at the moment, we can only afford the Inland Empire. Which I have been researching few Builders in the area. I love listening to your RUclips videos. I just really need some good education on how we are going to approach our buying strategy. This will be my husband and I first home and it means a lot 😊
@@clayejoiner4075 Well, if possible don't buy from one of the large National builders. See if there's a mid size local builder that has great online reviews. If that builder has built several homes in the neighborhood you're considering, go talk to some of the neighbors. Ask them how much upgrades were so you can figure out about how much the home is going to cost. Another strategy would be to just buy a builders quick move in home if they have any.
Ty Wilde Realtor & New Home Construction Specialist
Yes, I think they are going to show us few inventory homes this weekend. This is our first new construction homes appointment this weekend. Have you heard about Meritage homes or KB homes?
@@clayejoiner4075 Great. Best of luck to you. Just make sure you save some time to talk to the neighbors about their experience with the builder. I don't know Meritage but I believe KB does a good job.
Hi Ty,
Thanks for your videos they have been encouraging to me to more forward with building a new house. I have a lot to say so hope I don’t stress you out.
I’m looking at a lot in West St. Paul, Minnesota 55118. This is tax forfeited land and the way it looks is that there is a reassessment fee of $45,000 on top of $40,000-$50,000 it will be auctioned for. My question is is it worth it for $95,000 if it’s valued at $60,000. Will the valve go up if I purchase it at $95,000?
The next thing is I grow up building house for a local home builder and I’m considering getting my own contractors license and building it myself/a crew. My question here Is how much can I save % wise by doing it my way vs. having a contractor do it? Again thank you for taking the time to make these video wise you all the best.
Robert, Thanks for watching my video & for your questions. To be honest, as a sales person, I'm not privy to the profit margin homebuilders charge. I'm not comfortable even guessing. As far as the price goes, if you love that particular piece of land & you think it's worth paying that price then I'd say do it. Also, because I'm not familiar with that location, I have no clue how long it would take for your land value to increase to what you paid for it. I'm sorry. I know I haven't been much help. All this being said, if you build it yourself & save $30k then it would probably be worth it & I'm guessing you could do that. Best of luck.
I figured it was a long shot and I understand you’re not familiar with my area. However thank you for replying and keep making video they are inspiring for people on the fence of buying or building. I have chosen to be inspired by you and others to just go for it and build. Thank you.
@@BobbyBulletInc I can't immagine you'll ever regret that decision. Best of luck to you & please let me know if you have any other questions.
Hi Ty, how much do you charge to walk me through building a house for sale? Thank you, great information.
Where do you live & what exactly do you mean walk you through building a house for sale?
Great video as always ... In your opinion what's reasonable for me to spend on a gourmet kitchen upgrade from 5he builder (roughly estimate from your experience and basic nothing too fancy)
Peter Mikhael In Utah it’s pretty common for people to pay approximately $4300 for the gourmet kitchen. That being said, that number can vary significantly based upon what is included in that option.
@@TyWilde thanks sooo much for the response
Peter Mikhael You are very welcome. Have a great day.
Thank you for the informative video. I have a question I was hoping you can answer for me. I am renting an apartment and currently accumulating credit towards purchasing a new home from specific builders such as KB, Beazer etc. However, it looks like part of the conditions for using the credit towards a new construction home includes not being able to use the services of a real estate agent. I was hoping maybe you can clarify that for me and the reason behind it. I am a first time home buyer and not sure what to do. Am I only allowed to use the services of a sales counselor at the site to help me with the purchase of a new home? I would appreciate your help. Thank you.
ppeliper1 Great question. Thank you for asking. So, obviously homebuilders don’t want to pay an outside real estate agent. 3% of a $400,000 home is $12,000 so obviously they would like to keep that money. So, when you visit a homebuilder your real estate agent must be present or the homebuilder does not have to pay them and they won’t. So, when you’re out looking at homes make sure your real estate agent is with you and then you will be welcome to use the agent.
Is it really cheaper to build a home then it is to buy an existing home?
It's actually about the same. You'll probablly want to watch this video on Building a home vs buying an existing home. Here's the link... ruclips.net/video/vLIRgRpAhew/видео.html
Ty Wilde Realtor & New Home Construction Specialist I actually just finished watching that one before I commented. I love watching your videos. Outstanding job. Thank you sir!
@@keithkirk1995 Awesome. Thanks for the complement. Have a great day!!
Ty Wilde Realtor & New Home Construction Specialist another question for you. I’m in Phoenix Arizona but do you know if there are grants for first time home owners that decide to build their first home?
Keith Kirk Awesome, I was raised in Phoenix. I love that part of the world! There may be some grants for first time homebuyers and I’m pretty sure you could use those rather you’re buying existing or building. A lender would be able to answer that question for you more specifically
.
Ty I am looking into purchasing a new home in Eastern Washington. The home I am wanting is with a walk out basement. My question to you can I negotiate with lot price because it is building close to a major freeway.
Aquarius nelson thanks for watching my video and for your question. Normally, a homebuilder will increase the price if the Best homesites in the community and decrease the price a little if it’s in a less desirable location. So the builder may feel like they’ve already reduced the price. That being said, I would tell the builder that I love your homes but I would like to offer $10,000 less on this particular home because it’s so close to the freeway and submit your offer that way. Best of luck to you. Please let me know if you have any other questions.
Ty Wilde ok that's what I was thinking but I wanted to hear it from an expert! Thank you for your response greatly appreciated!.
Aquarius nelson Best of luck to you. Please let me know how it turns out. Thanks again for watching my video.
Hey Ty, do you have any experience with Oakwood homes? In Lehi/Saratoga Springs, Utah. Are they good? anything I should look out for?
David Timmreck thanks for watching my video and for your question. As far as I know, Oakwood Homes does a good job. I definitely haven’t heard anything really negative about them. Where are you at in the process?
@@TyWilde Just went under contract on Friday. It was fast paced because it was the last lot and it was a great deal. Upgrades seemed a little steep. We still need to do interior upgrades. I do have a realtor already so I just hope he'll do great in negotiating during the closing process.
David Timmreck congratulations! Building a home is super exciting. As far as negotiation goes, the agent should have done that before the contract was written. Once you’re under contract, builders rarely negotiate. Upgrades can be kind of steep depending on the builder. I’m not sure how Oakwood Homes is. Best of luck to you And please let me know if you have any other questions.
เป็นกำลังใจให้คะ
Wow! How cool. What language is this?
Pulte sucks. They don’t accept VA near me.
That is really weird. I've never heard of that. I'm sorry.