Monday, May 23, 2005

Is It Better Buying New Home or Old Home?

Is It Better Buying New Home or Old Home?: "New homes tend to cost more than older homes, but the sticker price doesn't tell the whole story. For instance, the price of a new home usually doesn't include window coverings or landscaping, and the flashy upgrades that caught your attention in the model home cost extra.
However, new homes are built to current building code requirements, they're energy efficient, and they're free of the deferred maintenance that can result after years of use and neglect."
--------------------
Buying a Home Foreclosures

How Can You Get a Good Deal Buying New Home?

How Can You Get a Good Deal Buying New Home?: "A common complaint of buyers of new homes is that they have no opportunity to negotiate the purchase price.
Most developers set their prices and stick to a 'take it or leave it' approach. It's rare to find a developer who's willing to discount the price to make a sale.
Even more disconcerting is that the sticker price is rarely the price you ultimately pay. This is because the developer's base price for a home often doesn't include the cost of finishes, like tile or carpeting. "

Buying a Home Foreclosures

How Can You Buy a New Home Before Selling the Old One?

How Can You Buy a New Home Before Selling the Old One?: "Ten years ago, you and your spouse took the plunge and bought your first home.
You set a five-year game plan for yourself, during which time you planned to renovate the place and resell it for a profit. Your proceeds would provide the down payment for a bigger home that would satisfy your long-term housing needs."

------------------------------
Buying a Home Foreclosures

What Do You Need to Know Before Buying a New Home?

What Do You Need to Know Before Buying a New Home?: "Your new home is only as good as the builder's reputation. You may want to look at several-year-old homes built by the same builder to find out how well they have held up over time. One couple found out that their builder's weakness was drainage systems by talking to owners of other homes built by the same builder. Check with the Better Business Bureau and the Contractor's Licensing Bureau to find out if the builder is in good standing with both."

------------------------

Buying a Home Foreclosures

Guides for Buying New Home

Guides for Buying New Home: "
Buying new home can sometimes be the toughest or even the easiest decision you could find yourself in buying new home.
The best thing you could be assured of when buying new home is everything inside your new home are new. You don't have to worry that fixtures could fall off because of old age. Systems are built according to the code.
On the other hand, even new homes got their problems especially when the contractor that built them took some shortcuts."

--------------------------
Buying a Home Foreclosures