A Better Choice For Cincinnati & Northern Kentucky Real Estate

Yes! You can buy AND sell at the same time. ⁣The key to success on both ends of the deal is having a Realtor to guide you through ⁣prepping and pricing your current home, a market assessment for your current and prospective home⁣, offers and contingencies, financing options and lender referrals, and securing short-term housing if needed⁣.
Production Builders: These are your volume based builders, which can build 50+ homes a year. They typically build in specific communities (not necessary off-site) and have a variety of home plans to choose from.

Semi-custom Builders: Also known as Semi-production, these types of builders tend to offer a little more customization when it comes to plans and selections. They have their process and model, but might give you the leeway to change a plan or bring an outside selection in. They typically build anywhere from 20-75 homes per year.

Custom Builders: There's no restriction with most custom builders. In fact, we like to call these builders the "start from scratch option." They craft your vision by offering guidance and direction. Many custom builders have plans for inspiration (or as a starting point) while others have you sit down with an architect to design your home right in front of your eyes. Typically, custom homes come with a higher price and a little more ambiguity because the parameters aren't identified on day one.

Keep in mind that many builders don't fit perfectly into any category so interview each builder based on what you're looking for to see who might be the best fit.

The short answer: Everything you know.⁣ The longer answer: You’re required to provide a written description (we will provide you the form) about any known issues with your home that could hurt its value. Those issues include:⁣ termite damage⁣, presence of lead-based paint⁣, foundation cracks⁣, plumbing or HVAC issues⁣, septic or sewer problems⁣, homeowners association fees and restrictions.⁣ The seller disclosure is good for buyers AND sellers because it brings transparency to the transaction, minimizes delays, and heads off the risk of legal headaches down the road.⁣
Disclosure: Custom Distributors is a local (Cincinnati) Appliance Vendor that we (Oyler Hines) and many of our builders use.

On average, many buyers find a home within a few months of when they begin their search. The buyers who are able to find homes in this market are the ones who are decisive and prepared. They've made their wish list and know their deal breakers. That way when a home hits the market - they don't hesitate.
End Loans are loans that you secure when a home is complete. A builder would carry the construction loan and you would close at the end of construction just like a typical existing home. End Loans are most typical for production based builders as they carry the initial financing.

Construction Loans are obtained at the start of construction. This loan is used to build the home in a draw process, meaning the builder requires periodic draw payments from the bank to pay for construction. For instance, at the end of the foundation period, the builder would submit a request to the bank to pay for all of the materials, contractors, etc. that it took to put the foundation in. At the end of construction, these loans can roll into a permanent loan or you may need to refinance. These aren't as scary as they sound and most common when building a custom home.

This is the million dollar question. It entirely depends on the situation, the location, the condition of the home, and how much money you're willing to put into the home after you purchase it. These are all things that an experienced agent can talk you through. In some instances, it makes sense to waive contingencies to win the home and in others, it will be a nightmare.
Or make it easy on yourself and reach out to us. We tend to know about most opportunities in Cincinnati as we have a land acquisition team dedicated to finding great lots.