279 - New Build vs Resale Houses for First Time Homebuyers

How to Buy a Home

Dive into the great "new build vs. resale" home debate! David Sidoni breaks down the pros and cons of each, revealing the hidden costs, builder tricks, and how to avoid getting stuck with a "builder's agent" (spoiler alert: bring your own realtor!). It's a wild ride, but by the end, you'll be armed with the knowledge to make the best decision for YOUR homeownership dreams! 🏡

Quote: "It's not even apples to oranges. It's apples to grapefruit to kiwi... You could be comparing apples to roses, and there is NOT a quick, easy answer!"

Highlights:

• Could a new build ACTUALLY be cheaper than a resale home? (Hint: those builder incentives can be insane!)
• What if the "perfect" model home is actually a sneaky bait-and-switch tactic? (Don't fall for it!)
• Is it possible to avoid those crazy bidding wars AND still get a move-in ready home? (David reveals the secret!)
• What are the hidden costs lurking in those HOA fees and "basic" new builds? (Prepare to be surprised!)
• Could a resale home be a BETTER value than a new build? (The math might shock you!)
• Is it REALLY necessary to hire a realtor when buying a new construction home? (Short answer: YES!)

Referenced Episodes: 256, 260

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David Sidoni, the "How to Buy a Home Guy," is a seasoned real estate professional and consumer advocate with over 18 years of experience helping first-time homebuyers navigate the real estate market. His podcast, "How to Buy a Home," is a trusted resource for anyone looking to buy their first home. It offers expert advice, actionable tips, and inspiring stories from real first-time homebuyers. With a focus on making the home-buying process accessible and understandable, David breaks down complex topics into easy-to-follow steps, covering everything from budgeting and financing to finding the right home and making an offer.

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