Tag Archive for buying

Selling New Properties for Profit

new properties in the evening airMany new properties listed on the market are great opportunities to make money. All you need to do is buy smart and sell smart. Palo Verde Homes has many new properties that can help you make a profit. Before getting into the business of real estate, you will want to consider certain things when buying, selling, and looking for new properties.

What to Think About When Buying

Before purchasing any new properties you want to consider the following. First, does the cost of the property match or exceed its sell value.  You can figure this by looking at several factors. To begin, look at the property taxes of the area. Remember that you will be responsible for these taxes until the house is ready to be sold. Then look at the location appeal. Is the house in an area that is desirable? This will help you estimate how long it will be on the market.

After this, you want to examine how much money you will have to invest in the home. For example, if the house is fifty thousand, and you know it will take twenty thousand to fix it. Then the sell cost will go up. If the house must sell at hundred thousand to make a profit, check the area for the going rate. If the fixing cost is too high, you may want to look into another property.

What to Think About When Selling

When selling any new properties, make sure you only talk to people who have been approved. If you are trying to make some kind of profit, it makes no sense to talk to unapproved people. Preapproved means that the person has an approved loan from the bank. Without this, most people would not be able to make a bid on the house. Not only will it be a waste of time, but it may take your house off the market. This delay will only cost you money.

New Properties to Look For?

The best type of new properties to look for are ones with low cost. This means thinking of the price of the house and the cost of renovation together. Then comparing it to selling cost.  Doing this will help improve your profit margin. If you thought of this before buying, then your profit margin can be very high. Also, make sure you list the house at the appropriate amount. Rising the price above value does not mean you will make more money. In fact it may cause the property to stay on the market longer. This will just end up costing you more money.

 

Investing in real estate is always a good idea. The trick is to be smart about it. Palo Verde Homes has new properties that are of good quality. They are built well and can garner high re-sell value. When you invest in any new properties, you want to make sure that you will get a good return. This is possible when you measure cost against profit. Contact us today!

 

Buying a New Home — The Hidden Budgets You Should Consider

happy couple buying a new home If you are in El Paso and are considering buying a new home, you may want to make a thorough budget. That is because there are many hidden costs that many perspective home buyers do not consider. This can lead to a financial burden that can be a strain if it is not taken into account. At Palo Verde Homes, we want your budget to be able to handle any surprise. Here are some things you should consider when planning your budget.

Inspections On Buying a New Home

Buying a home in the U.S is one of the most important investments you can make. The services of a home inspector would reveal areas of the building that may be due for repairs. Such information from a home inspector could be very useful in ascertaining the price or help the buyer decide if to buy the property or not. Another inspection to look out for is a pest inspection. This inspection searches for the presence of wood destroying insects like termites and the likes. Pest inspections are a smart move before buying. Buying a home without this inspection could result to the acquisition of a home that has a termite infestation. This could lead to future costly repairs that only increase if you ignore the problem.

Closing Costs

On signing the closing documents, you may receive a bill of thousands of dollars emanating from different fees. Such fees, known as closing cost may include fees for processing, fees for underwriting, recording fees, survey fees as well as title insurance fees. The mortgage industry has done a bad job of explaining the various form of legitimate fees in order to have a mortgage loan granted for you.

Buying a New Home Todaycouple overwhelmed by bills

When it comes to buying a new home in El Paso, it is important to have a budget for the purchase. Buying a home is a large financial decision, you do not want to find yourself with hidden financial costs. At Palo Verde Homes,  We know the importance of a well planned budget. So, contact Palo Verde Homes today. We will work with you to find your next affordable dream home.

 

The Most Exciting Things About Buying a New Home

young family looking at the new home Buying a new home is exciting for everyone. There are a lot of great things that you get to do when you purchase a brand new house. Especially if you work with a great builder like Palo Verde Homes to design your own home or to find a brand new construction house that is ready for you.  You and your family should embrace the excitement and enjoy the process of finding your new place to live.

Why Buying a New Home is Exciting

Everyone has their own reasons why buying a new home is exciting. A new home is an opportunity to start a new chapter of your life. You will have new neighbors to get to know and a new community to explore. Palo Verde Homes are in great location. There are nice schools for kids, and amenities like parks and shopping areas and restaurants. You’ll love to explore the area in El Paso where you move so you can find all of your new favorite local haunts.   

Other Exciting Things About Buying a New Home

Getting to know your new community is often the most exciting part about buying a new home. Although there are lots of other wonderful things that lie ahead for you as well. When you buy a brand new house in El Paso, you get to begin the process of making the home your own. You can also buy furniture or arrange your old stuff in new and innovative ways. You can hang up art, paint the walls, and make the home your own.

Making Memories After Buying a New Homeyoung family in a sketch of what their new home will look like

So, for most families, the most exciting thing about buying a new home is the opportunity to begin making memories. A family home is a special place that you and your kids will always remember fondly. You can start the process of making those memories right away when you move into quality new construction by Palo Verde Homes. Contact us today to learn more.

Looking at New Houses — What You Should Ask

family of four smiling and happy in front of their new homeWhen you are considering new houses, you need to make sure you ask the right questions of the home builder. A brand new home is a big investment. You don’t want to make a mistake. You also don’t want to get a house that you are not going to love. For this reason, Palo Verde Homes builds very high quality houses throughout the El Paso area.

 

What to Ask When Looking at New Houses

 

When looking at new houses, the first thing to ask is what type of home warranty is available to new buyers. You want to make sure that you have the peace of mind of knowing that you are not going to have to deal with any repair costs right after you move into the house. A warranty also shows that the builder is willing to stand behind their work. You’ll also want to find out about the quality of the house behind the walls.

While it is easy to see fixtures and finishes to determine if a house looks nice, it is things like insulation and energy efficiency of appliances which can make a big difference in what actually living in the house is like. Your builder should be able to provide details about the materials used. For example, the R-value of the insulation or information on major building systems. This way, it’s easier to determine if a home is well-built.framing of a new home in construction

Shop for New Houses in El Paso Today

Due to our quality of work and expertise, Palo Verde Homes has become one of El Paso’s most trusted home builders. Since we are experienced home builders, you can rest easy. Your future home will be exactly what you’ve been looking for.

Would you like to look at beautiful new houses constructed of the highest quality materials? Contact Palo Verde Homes today!