Why Buy a New House Instead of an Old One?
It is such a pride to have a new house all the way from the entry to the exit; it gives you a full feeling of self-accomplishment. You have just managed to run away from the ever pestering landlord and now there you are, a new key, a new house in the location which you really like. There could be a lot of reasons why one should go for a new house instead of an old one. In most cases, you may even be the fifth owner of that house. You may find it tough if you dig deeper into the history of the property which you are just about to buy. A house can be sold due to various reasons which ranges from good ones to bad ones. May be the owner of the house deemed it very costly to correct series of issues which emerged from architectural related issues. After the house maintenance cost has become a nagging and unending issue the homeowner may have opted to dispose of through selling. If by bad luck you buy such a house, you will automatically inherit the same problems of the former owner. You know not what the roofing of the old house has for you. The walls may look new because of the light paint, but the structure could be almost giving in to environmental pressures due to age, and the floor could be rough. Every part may look as if it is new, but this is because the owner normally do light repairs so that the property can attract a better offer.
The few dollar repair and maintenance is normally done so as to attract better offers from potential customers and not to give you the actual value for your cash. You may not see huge cracks in the wall because they are just filled up and painted, giving you the lure to cough your cash fast. Ultimately, you end up paying for the value which is far much above the actual value of the property. In nutshell, there are manifold cons of opting to buy an old house.
Upon deciding to run away from problems related to the purchase of an old house, here are the tips to help you buy a brand new house.
There are numerous home sellers in the property market, but is always safe for you to trade wisely. Always ensure that you have worked with reputable estate firms. You need an established property firm which gives you an array of options all the way from financing to a significant list of houses to choose from as this gives you the freedom to choose the home which suits your budget as well as your needs.
Source: my explanation