
A New Home
Buying a new
home is not a simple process and many factors need to be
considered. Here are some articles to inform you about some
of the issues involved with buying a home.
■
4 Reasons to Buy a New Home Over a Resale Home
Practically anything new carries the buzzwords "cutting
edge", "latest technology", "best design", and "ground floor
opportunity". Used seems to connote "established", "mature"
and "time-tested". The impression that buying something with
previous experience evokes the adage "they don't make 'em
like they used to".
■
Older Homes vs. New Homes: Which is a Better Buy?
The question is a serious one for today's homebuyers because
interest rates are at all time lows, new residential
construction is high, and demand for homeownership is
strong.
■
Do New or Existing Homes Offer the Most for your Money?
You can save money by going into an established neighborhood
and updating an older home, or you can buy a smaller new
home. At the very least, your decision will be based largely
on compromise -- new home/smaller space versus an older home
and remodeling costs with higher upkeep.
■
Advantages of Purchasing a New Home
New homes offer numerous advantages such as convenience,
safety, health, energy efficiency and less maintenance among
many other benefits.
■
Realtors can be a Resource
If you are represented by a real estate agent who has fallen
asleep at the wheel because you happened to buy a brand new
home that's being built, you may want to wake them up. There
is much he or she could (should) be doing while your home is
being built.
■
Secrets to Buying a Model Home
Special deals can sometimes be made by buying a model home.
Sometimes they have expensive hardwood floors, plush carpet,
gorgeous landscaping, cute decorations in the kids room and
a fireplace in the master bedroom.
■
Is there any Room to Haggle with the Builder?
Is everything truly negotiable in real estate? Is there any
room to haggle with the builder? How often are offers on
newly constructed homes entertained in a market like this?
■
New Home Shopping can be Emotional
So much to do, so little time. Making sense of all the new
decisions at hand can wreck your nerves. All that
responsibility can really work up an appetite to just buy
something.
[
Back to Mortgage Basics 101 ]
[
Back to Top ]
|