Buying a Home

Found 6 blog entries about Buying a Home.

Can't find the listing that ticks all the boxes in your must-have list? Why not build your dream home instead?

In this post we take a look at who builds the most homes per year in the Omaha area (Douglas and Sarpy County). This list is based purely on the number of homes built. 

 

#1 - Celebrity Homes

If you already live in Omaha, you'll be familiar with Celebrity Homes. And to many of you, it will be no surprise that Celebrity Homes is the biggest home builder in the area.



In 2020, they built 646 homes in the Douglas and Sarpy County area.

Pricing starts at $250,000+

Building homes in Nebraska since 1977. They build single-family homes as well as villas and townhomes.

Celebrity Homes combines innovation and practicality with

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Buying a home without an inspection is becoming more and more common in this hot seller's market. It's great if you are a seller, but it's a gamble if you are a buyer.

In this video, I explain the risks associated with buying a home without a home inspection. But, I also address some of the ways you can limit that risk.

And if you are willing to skip a home inspection, there are a few scenarios where it can work in your favor.

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If your offers are getting rejected in this market, you probably think everyone is paying with cash.

That's not the case.

In this market, the vast majority of buyers are using financing. But what type of financing should you be using to win? Conventional? FHA? VA?

In this video, I analyze recent home sales to find out what types of offers are winning.

You may be surprised at the stats.

And remember, the type of financing you are using is only one aspect of your offer. There are several ways to make your offer competitive. Talk to your buyer's agent and your loan officer about different ways you can compete in this market. 

 

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This market is absolutely crazy!

Homes are selling for 20% higher than the asking price.

BUT... is it possible to purchase a home for less than the list price?

In this video, I look at homes that have recently sold in Omaha.

Warning: not all homes in this market are selling for more than their asking price. Don't get me wrong. The majority of homes are selling at or above list price, but that is not the case for all.

In this market, there are a few reasons why a home might sell for less than the list price:

  1. To begin with, it was already overpriced.
  2. It is in bad shape.
  3. The house has a unique quality to it that doesn't appeal to many buyers. 


Don't get discouraged if you're looking to buy a house, but be realistic

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A home inspection's price varies depending on the inspector and the size of the house.

In this video, I'll discuss how much you can expect to pay for a home inspection in Omaha.

A whole-home inspection doesn't include radon, sewer line, etc. Those are separate.

I have a few inspectors that I suggest to my clients as a real estate agent, but you can use whoever you are most comfortable with.

My one piece of advice is to make sure that your home inspection is ASHI certified. Visit https://www.homeinspector.org/ for more information on ASHI.

 

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You must go through the closing process whether you are buying or selling a house.

There are numerous papers to sign, inspections to conduct, and approvals to obtain. How long does the closing process take? 

Check out our video to learn more about the closing process!

Everyone involved in the deal has a role to play during the closing process. If anyone drops the ball, the closing can be postponed. As a consequence, it's critical to understand your duties so there aren't any delays.

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