Real Estate

5 Takeaways That I Learned About Options

Top Reasons Why It’s Better to Purchase a Newly Built Home The biggest difference in buying a home today and how it was several decades back is that there now exists a little bit more flexibility, thanks to various options made available to prospective buyers. The most common choices today include that of foreclosed homes, homes that are sold and occupied by their original owners, and of course, the new construction homes for sale. And while most prospective home buyers will look at previously owned homes due to their reasonable (at least for the most part) prices, there are actually several benefits or reasons why it makes sense to buy builder homes instead. In this post, let us give you some of the most viable reasons why buying a newly built home makes sense. 1 – You get to customize a newly built home the way you want it.
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One of the coolest benefits of purchasing a newly built home is that most builders will allow the buyer to join in the designing process for the property. Therefore, you get to own something that you can boast you contributed in building. It’s basically the opposite of buying a pre-owned home because you now can decide what color you want for your exterior and interior paint, how many bedrooms and bathrooms you want, and choose the type of flooring and roofing.
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2 – Repairs are few or at a minimum. There really is nothing more exciting than the prospect of having to buy a home for the first time. However, you do have to realize that home buying is a rather complex process and it doesn’t just involve you choosing the right property, paying for it, and them moving in the soonest time possible. In fact, one of the major drawbacks of home ownership is that you need to embrace the responsibility of maintaining it. And when it comes to maintenance, it always is about doing repairs, minor and major ones. However, buying a new construction is different because repairs will be kept to a minimum even after years of living in it. 3 – Warranty is better. If you are seriously contemplating on purchasing a newly built home, one of the advantages is that you will get better warranty offers, which means that in spite of the higher price, you expect the builder to give you free repair work for at least a year and extended material guarantees. Therefore, if any issues surface during the warranty period, you don’t have to cover the expenses for the fixing. It may be true that you will save thousands of dollars if you purchase a pre-owned home, but the kind of repairs you expect to cover along the way could very well level the playing field.