Frequently Asked Questions
Answers to real estate questions we are most often asked by home buyers and sellers.
If you do not see any properties that fit your needs, there are many new construction options in the greater Wilmington area. We’ve helped many buyers purchase new construction and are familiar with most of the builders in our area. Our New Construction guide will give you insight into what to expect from these properties, including hidden costs. We also have a number of blog posts on new construction homes, and we highlight many of the new construction communities on Our Areas.
Of course, if you have any questions about buying new construction, you can reach us at (910) 202-2546.
As the buyer, you should always have your own representation.
Onsite real estate agents work for the builder. Many are great people and we love getting to work with them, but they represent the builder, so they will put the builder’s best interests before yours. A buyer’s agent will protect your needs and make sure everything agreed upon in the contract is being fulfilled. You can read more about the benefits of a buyer’s agent in new construction here.
We will start by going over your wants and needs to help you narrow down which area of Wilmington or Southeastern North Carolina that you want to be in. Then, we will set you up on a Multiple Listing Service portal, so you can see all current and new listings as soon as they come on the market. If you are interested in purchasing new construction, we are also happy to send you information packets with pricing and floor plans for the communities you’re interested in. Start by telling us about your ideal home.
Due Diligence Money goes directly to the seller and is non-refundable. It is compensation for the sellers taking their home off the market to allow you to further investigate the property. Each market has a typical amount of Due Diligence Money that is offered; however, a higher amount can be useful for winning a contract in a multiple-offer situation. Watch Melanie Cameron’s video to learn more about the differences between Earnest Money and Due Diligence Money.
If you have a concern specific to your property, like a repair or upgrade you are considering, we are happy to take a look or answer any questions you may have. Give us a call at (910) 202-2546.
- Revenue Stamps
- Deed Preparation
- Prorated Taxes
- Prorated HOA Dues
- HOA Transfer Fees
- and Home Warranty Costs
You can read more about these expenses in our blog post, What Expenses Do Homeowners Pay When They Sell?
Once the home is ready for pictures (decluttered, cleaned, etc.), it takes 3 to 5 days to put the listing in the MLS. The timing depends on the schedule of the photographer and measurer. It may take longer if we are working around a major holiday or if we receive the photographs too late in the day, but in most cases, the listing will be put in the same day we receive the pictures.
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