Alex Sung

Alex Sung is the founder and publisher of New Home Know It All. He sells new construction homes for a living in Katy, Texas, which means he spends every week inside the part of the process most buyers only see once: model home tours, lot selection, contracts, build timelines, incentives, and closings. He started New Home Know It All to publish the specifics that are hard to find anywhere else, covering builders and communities across Katy and the 77493 area factually and without a sales pitch. He is not a licensed real estate agent, and nothing published here is real estate, legal, lending, or tax advice.

New Home Know It All architecture-buildings-city-22039-1024x682 Advantages of Commercial Real Estate

Advantages of Commercial Real Estate

Advantages of Commercial Real Estate Any type of real estate has the potential to be a good investment opportunity. Certain types of commercial investments are riskier than others, but commercial properties can offer greater financial rewards than investing in smaller residential properties. Commercial real estate has several advantages over residential investing activities: There’s much less

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New Home Know It All apartment-plan-architecture-drawing-6257405-1024x462 The Dalton Plan by Lennar:  A 1 Story home, 3 Bedrooms, 2 Baths and 2 car garage @ 1567 square feet

The Dalton Plan by Lennar: A 1 Story home, 3 Bedrooms, 2 Baths and 2 car garage @ 1567 square feet

The Dalton Plan by Lennar: A 1 Story home, 3 Bedrooms, 2 Baths and 2 car garage @ 1567 square feet The charming single story Dalton floor plan by Lennar features a welcoming front porch and entry foyer, a family room, and a lovely kitchen which opens to cheery breakfast room, that offers access to

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New Home Know It All luxury-home-upscale-architecture-2412145-1024x685 New Build Construction Warranty's

New Build Construction Warranty’s

New Build Construction Warranty’s For many people, a new home is the most costly purchase they ever make. It’s no wonder, then, that buyers of recently constructed houses are interested in warranties, which promise to repair or replace certain aspects of the home, if essential, within a particular time. According to the Federal Trade Commission, the nation’s consumer protection agency, if you’re

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New Home Know It All 2017-08-21-19.03.49-1-1024x666 What the Home Shopper Should Expect When Buying New Construction

What the Home Shopper Should Expect When Buying New Construction

What the Home Shopper Should Expect When Buying New Construction Every home shopping season has its own rhythm, and knowing what to generally expect can help you plan a smoother search whenever you decide to start looking for new construction. While specific inventory, pricing, and interest rates shift over time, a few practical patterns tend

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New Home Know It All flooding-surreal-living-room-2048469-1024x638 What are Flood Zones? Do I NEED Flood Insurance?

What are Flood Zones? Do I NEED Flood Insurance?

Flood Insurance is easy to get and it should be the most-straightforward type of insurance coverage, but zones continuously change and misinformation circulates like wildfire. When we have discussions about Flood Insurance we’re frequently met actions like “I am not in a flood zone” or “I’m not required to have flood insurance” however the conversation

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New Home Know It All money-transfer-3588301_1920-1024x725 When Is Your First Home Mortgage Payment Due?<br>You have some control over how soon it comes due.

When Is Your First Home Mortgage Payment Due?
You have some control over how soon it comes due.

Mortgage interest is paid in arrears, which suggests after it’s accumulated, not previously. Interest on your home mortgage begins accruing at closing and does not stop till the loan is satisfied completely. You’ll prepay interest for the month in which you close at closing.

When Is Your First Home Mortgage Payment Due?
You have some control over how soon it comes due.
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New Home Know It All new-home-construction-builder-2897352-1024x682 New Home Sales Jump in March on High Consumer Demand

New Home Sales Jump in March on High Consumer Demand

New Home Sales Jump in March on High Consumer Demand Strong consumer demand sustained a solid increase in brand-new home sales in March, in spite of the ongoing building products challenges affecting the industry. Sales of freshly built, single-family houses increased 20.7% from an upwardly revised February number, to a 1.02 million seasonally changed annual

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