How to Buy a House That Hasn't Been Built Yet

[McFurd]

US News and World Report - 2/22/2018 - Hal Bundrick (NerdWallet) - Trisha and Dennis Rawlings, a couple in their early 30s, are moving to suburban Chicago and leaving their over-60-year-old first home in the St. Louis area behind. "We were looking at potentially buying a house," Trisha says. But in the area where they want to live, the options within their budget were limited to purchasing an older home or building a new one. The couple loved the features of a modern, new-construction neighborhood with a pool, a clubhouse and excellent walkability. And taking out a construction loan and building a house means they'll avoid the ongoing maintenance that comes with an older home. Read more @ https://www.usnews.com/news/business/ar ... -built-yet