Property Management What To Consider When You Choose A New Home Or Buy An Existing Home

Should You Choose a New Home or Buy an Existing Home

When any family is looking into buying a home, they are confronted with an important decision it is should they buy a new home or and existing home. There are a few things that should be considered before buying.

First of all design and layout is something that should be taken into consideration. The newer home generally include bigger rooms, ample closets, and larger and more bathrooms. Also there are more options like paint color, the type of cabinets, king of flooring, and also custom wiring. Newer homes can also feature great walk in closets along with extra bathrooms. When buying an existing home you are buying what the owner that lived there before you had for a design. To renovate would be a costly job and upgrades can also be quite expensive. Anyone who loves a Victorian style home or hardwood flooring will love an existing home.

Existing homes are cheaper to purchase, but they will require more maintenance then a new home, this will make the cost higher in the long run. New homes should not need any repairs for some years usually they include aluminum siding, along with pressure treated decks. However a price negotiation can be done with an existing home.

Buying a new home will mean new insulation, newer windows, and a more efficient heating and cooling system. An existing homes use more power, have older windows, and they are less energy efficient.

Newer homes are safer then existing homes because the newer home would have an up it date fire alarms, and also would contain a burglar alarm. For an existing home the buyer may need to updates these features making another expense.

It is a great expense to buy a home. It will make everything easier if you create a list of everything you are seeking in a home. By doing this it will help you make the choice that is right.

All About Home Inspections

It is a very rare occurrence that a home is purchased without a home inspection done first. If the seller had their listing listed in "as is" condition does not mean that first an inspection can first be done. If it is a house that the bank owns then a home inspection is very important. The reason for this is because the banks do not give any disclosures, and they do not know of any problems because these will have to be found all by yourself.

People by the handfuls are out there that do advertise themselves as home inspectors. You probably will not get the best direction from your agent. Agents are scared that you may find a problem that will turn you away from the deal if you have a good inspector. These are very tough times and all agents should be very loyal to all their customers.

If you have an inspector that is just going to give you a visual inspection, this is not good, you could do this on you own; looks like there was a water leak there. All good inspections include; temperature check of all appliances, furnace and air cooling system checked, the hot water tank needs to be checked for the water pressure, outside lighting and wiring needs to be checked, lights and fixtures have to be checked, full inspection of the foundation for any cracks, they will need to get up onto the roof, climb through the attic, check the garage along with all of the storage spaces.. For a good inspection this is only the very beginning. After this is all finished you will receive a report of everything that had been done, from there you should be able to make a clear and wise decision.

An agent's best way to not get any phone calls that they do not want is to advise the buyer fist and to be sure that they have the home inspected before they buy.

by: Joann Parker.

POST COMMENT

All New Get My Ex Back In 3 Simple Steps See This Getting Your Ex Back - Don'T Kill Your Self-Respect By Playing Second Fiddle To Your Ex'S New Date Should You Join New Network Marketing Corporation Get Yourself an Herbal Liver Cleanse - Reclaim Your Energy Levels and Live a Healthier Lifestyle What Are Solar Power Kits? What's New With Bathroom Vanity? How To Drive Visitors To Your New Blog. Home Accessories: Solar Powered Fountains Savings On Your Air Conditioning Usage - Save Energy And Money The Benefits of Installing Solar Panels on Your Home A New Approach To Weight Loss Black And Decker Battery: Outdoor Battery Powered Lighting Will Save You Cash On Your Electricity Bi Five Top Reasons For Solar Electricity Systems