Should You Build or Buy Your Next Home in Lakewood or Long Beach?
When it's time to buy a home, you have several options - and you can choose between buying an existing home or building one from the ground up. But which is right for you? This guide can help you decide.
Should You Build or Buy Your Next Home in Lakewood or Long Beach?
If you’re considering the Lakewood or Long Beach area for your next home, either buying an existing house or having one built from scratch are both feasible options. When making this decision, it’s important to weigh the pros and cons of each option.
Building a Home in Lakewood or Long Beach
Building a home in the Lakewood or Long Beach area has its benefits. You can have a brand new home that is tailored to your exact specifications and exactly fits your needs. Additionally, you’ll be able to select your own finishes and fixtures, giving your home an individual style that speaks to you. However, building from scratch often comes with longer timelines and higher costs.
A second option is to buy an existing home in Lakewood or Long Beach. This route may be preferable if you’re looking for a quicker timeline, as it can take less time to find the right house and close on it than building from scratch. Additionally, you may find that buying a home proves more cost effective than building one from the ground up. However, you will likely have to do some renovations to make it your own, so that should factor into your decision-making process as well.
Should You Work With Your Own Real Estate Agent if You're Building a Home in Lakewood or Long Beach?
You should absolutely work with your own agent - not a builder's agent - when you're building a home in Lakewood or Long Beach. That's because your agent will be able to provide you with an unbiased perspective on the process and help ensure that you make good decisions throughout the home building journey. With an experienced real estate professional by your side, you can rest assured that your interests are being looked after every step of the way.
The builder's real estate agent's first duty is to the builder. That means they put the builder's interests first. Though they can't do anything criminal or swindle you out of your hard-earned money, they aren't particularly interested in getting you the best deal or getting you more concessions.
Does it Cost Money for Buyers to Work With a Real Estate Agent?
As a buyer, you don't pay for your real estate agent. The seller does. It doesn't matter whether you're buying new construction or an existing home; the seller is typically responsible for paying a buyer's agent's fees.
The one exception is when you buy a home listed as for sale by owner, or FSBO. Sometimes, the people selling these homes won't pay an agent's commission.
Whether you decide to buy an existing home or build one from scratch in Lakewood or Long Beach is a personal decision based on many factors. Consider what type of lifestyle you want to live, how much time and money it would take to do each option, and also factor in important considerations when buying or selling a house such as location, price range, size, and amenities. Then talk to your own real estate agent who can provide insight into the best
When deciding whether to buy or build a home in the Lakewood or Long Beach area, consider all of your options and determine which will be the best fit for your needs. No matter what you decide, it’s important to go into this process with a clear plan and budget in mind so that you can get the perfect house for your lifestyle.
Are You Buying or Selling a Home in Lakewood?
If you’re not already living in Lakewood, or if you are but you’re looking for a new home, we’re here to help. Call us right now at 562-882-1581 or start browsing our Lakewood real estate listings to find your dream home today!
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Long Beach real estate listings
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