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Lew Sichelman

Lew Sichelman is a nationally syndicated housing and real estate columnist. He has covered the real estate beat for more than 50 years.

About Lew Sichelman

Lew Sichelman is a nationally syndicated housing and real estate columnist. He has covered the real estate beat for more than 50 years.

What to Know About Builder Allowances

May 6, 2024 //  by Lew Sichelman

If your builder offers you allowances, like on flooring that you plan on purchasing elsewhere, it’s important to know the limitations of these deals.

What to Know About Builder AllowancesRead More

A framed house under construction

What is Single-Close Financing and Why You Should Consider It When Building New

May 11, 2024 //  by Lew Sichelman

A construction-to-permanent financing automatically switches to permanent financing once your home is completed. It’s important to choose the right builder before you take on such a loan.

What is Single-Close Financing and Why You Should Consider It When Building NewRead More

escrow

Escrow Accounts Explained

May 12, 2024 //  by Lew Sichelman

Most people wonder why escrow accounts are necessary. An escrow account allows homeowners to pay bills, such as property taxes and homeowners insurance, over a 12-month period, rather than in one lump sum.

Escrow Accounts ExplainedRead More

lagoon

Crystal Lagoons: The Next Great Amenity?

May 8, 2024 //  by Lew Sichelman

NewHomeSource explores Crystal Lagoons, a cutting edge amenity, poised to take new home communities by storm.

Crystal Lagoons: The Next Great Amenity?Read More

home inspection

What to Expect at Your New Home’s Final Inspection

July 1, 2024 //  by Lew Sichelman

Many builders allow for a final walkthrough inspection for you to identify any issues or concerns in your new home. Do you know what to expect in yours?

What to Expect at Your New Home’s Final InspectionRead More

woman shushing

Don’t Ignore the ‘Quiet Period’

May 12, 2024 //  by Lew Sichelman

It’s important that you don’t take on any new debt or make other changes to your financial profile during the “quiet period” — the time between your mortgage approval and the date you actually close on your house.

Don’t Ignore the ‘Quiet Period’Read More

lease

Getting Your Security Deposit Back

May 13, 2024 //  by Lew Sichelman

NewHomeSource has some tips and tricks to get your security deposit back from your landlord as you move into your first home.

Getting Your Security Deposit BackRead More

house in hands

Who Really Owns Your Home?

May 12, 2024 //  by Lew Sichelman

Before you decide how the title for your home will be held, you should explore all of your options and make sure you fully understand each.

Who Really Owns Your Home?Read More

moving boxes

Deducting Moving Expenses

May 12, 2024 //  by Lew Sichelman

Moving can mean some tax deductions, but it’s important to know when those deductions apply to you.

Deducting Moving ExpensesRead More

Areal picture of neighborhood

Living in the HOA: Most Home Owners Like Their Home Owner Association

May 2, 2024 //  by Lew Sichelman

A recent study found that those who have a home owners association are quite happy with their community, citing HOA rules as a way to protect property values.

Living in the HOA: Most Home Owners Like Their Home Owner AssociationRead More

small-dog-outside

Here’s Why Building Green is the Future of New Homes

May 13, 2024 //  by Lew Sichelman

Green building is the future of the new home building industry. NewHomeSource explores why builders who don’t go green will get left behind.

Here’s Why Building Green is the Future of New HomesRead More

cash money

First-Time Homebuyers Have Access to Many Downpayment Assistance Resources

May 12, 2024 //  by Lew Sichelman

If you’re a first time homebuyer, there are a wide range of down payment assistance programs that can help you get into your dream home sooner than you might have thought.

First-Time Homebuyers Have Access to Many Downpayment Assistance ResourcesRead More

tiny house with chicken

More Smaller Houses Coming

May 13, 2024 //  by Lew Sichelman

Builders expect new homes to be smaller in 2017, at about 2,400 square feet.

More Smaller Houses ComingRead More

A jar that is tipped over with the coins spilling out.

Saving Money on Homeowners Insurance

May 13, 2024 //  by Lew Sichelman

Save money on your homeowners insurance without sacrificing coverage with these tips and tricks for shopping for this necessary insurance.

Saving Money on Homeowners InsuranceRead More

insurance

Why You Need Homeowners Insurance

May 13, 2024 //  by Lew Sichelman

When it comes to insurance and your new home, ask your builder or his insurer about what exactly he’s covered for and what holes you might have to fill in.

Why You Need Homeowners InsuranceRead More

House in the beginning stages of construction.

Should You Buy First or Buy Last in a New Home Community?

May 8, 2024 //  by Lew Sichelman

NewHomeSource breaks down the pros and cons of buying the first houses in a new home community or buying your house as the neighborhood closes.

Should You Buy First or Buy Last in a New Home Community?Read More

Luxury kitchen design

Survey Says: Future Buyers Rate Their Home Design Preferences

May 13, 2024 //  by Lew Sichelman

Ashton Woods 2018 survey outlines what features future homebuyers want included in their new construction home.

Survey Says: Future Buyers Rate Their Home Design PreferencesRead More

calculate credit score

How Credit Scores are Tabulated – And What That Means for Homebuyers

May 12, 2024 //  by Lew Sichelman

NewHomeSource shows you how your credit score gets calculated, so you can get it ready before you apply for the mortgage for your new home.

How Credit Scores are Tabulated – And What That Means for HomebuyersRead More

A very surprised bird

New Home Owners: Be Wary of Door-to-Door Salespeople

October 23, 2019 //  by Lew Sichelman

Homeowners need to be wary of door-to-door sales people, who often target them for scams.

New Home Owners: Be Wary of Door-to-Door SalespeopleRead More

Fancy patio

This is Why Homebuyers Want Killer Outdoor Spaces

November 12, 2021 //  by Lew Sichelman

Homeowners increasingly want fancy outdoor spaces for entertaining and relaxing. Explore the beautiful patios, fire pits, outdoor kitchens, water features, and more found in new homes.

This is Why Homebuyers Want Killer Outdoor SpacesRead More

Great credit score

Why, How and When to Check Your Credit Report

May 11, 2024 //  by Lew Sichelman

Check your credit score before you start applying for home financing. It isn’t scary, you can check your credit score easily and for free.

Why, How and When to Check Your Credit ReportRead More

Letter blocks lying on wooden table that spell out "HOUSING LOAN".

Don’t Think You Qualify For a Home Loan? Think Again

May 12, 2024 //  by Lew Sichelman

Don’t assume you can’t qualify for a home loan. NewHomeSource breaks down why some people don’t even bother trying to invest in a house.

Don’t Think You Qualify For a Home Loan? Think AgainRead More

land

Rural Housing Service Offers C2P Loans

May 12, 2024 //  by Lew Sichelman

If you’re interested in building a home in a more rural environment, you can get special construction to permanent loans from the Rural Housing Service.

Rural Housing Service Offers C2P LoansRead More

mobile home by the beach

The Ins and Outs of Government Loan Options for Rural Homebuyers

May 7, 2024 //  by Lew Sichelman

NewHomeSource walks you through some of the government backed loan options available to rural homebuyers.

The Ins and Outs of Government Loan Options for Rural HomebuyersRead More

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