By Patricia L. Garcia
“We wanted to buy a new home because, even though we owned a lovely Southern Colonial-style home, we found ourselves spending a lot of time and money on maintenance every year. It’s great having everything under warranty, too.
Buying a new home is great because you can personalize your property. Even if you think you’ll make changes in an existing home, you often end up not doing it because you don’t want the mess or to spend the money.” — Quote from New Home 101 by Homeowner Judy Thompson, who purchased a Jim Chapman Communities home in Johns Creek, Ga.
There are plenty of good reasons to purchase a new home, chief among them are that you’ll stop wasting time and money on costly repairs, you can personalize your home to fit your needs and you’ll also save on energy costs. But, when it comes to building your new home, where do you even get started?
To help demystify the homebuilding process, New Home Source has published a new e-book, New Home 101: Your Guide to Buying and Building a New Home. Written by award-winning real estate writer Michele Lerner, the e-book breaks down the homebuilding process into six easy steps, along with a chapter on why buying new may serve you better than a resale house: the basics of newly built homes, shopping for your new home, buying your new home, designing your dream home, building your new home and moving into your new home. The book doesn’t skim through these topics — building a new home is a huge financial investment, so you should have as much information as possible before embarking on your new home journey.
The new-home basics section, for example, explains how new technologies make a new home more energy efficient, saving buyers in energy costs. It also discusses how to choose the right place for your new home — will you choose a home in an established community (infill building), a new-home community or build on your own land? Would you prefer a custom home or a spec home (oh, and those terms are defined)? This chapter explains all your options so you can make an educated choice.
Now that you’ve decided to build your home, how to pay for it? The book discusses your financing options when buying new. When buying new, you as many options to finance it with a conventional loan with a bank, FHA loan, builder or construction financing and many more.
New Home 101 explains each step in great detail, with advice from homebuilders, mortgage companies, Realtors and, best of all, people who have gone through the process themselves and was structured in a way that you can easily find the information you need, no matter which step in the homebuilding process you are in. As a bonus, each chapter also includes checklists and links to useful information, including links to articles on our New Home Guide.
Are you thinking about building your dream home? This book is for you. To get your free copy of New Home 101: Your Guide to Buying and Building a New Home, visit NewHomeSource.com/eBook.