Why Should I Buy A New Home?
Yes, this is a question that many people are asking themselves right now, especially since there are so many "good deals" on foreclosed and short sale homes everywhere you look. Let me take a few minutes of your time to explain something that you already know, deep down in your soul: those "good deals" may not be such great bargains after all.
Let's compare buying a new home to buying a new car. Even in the worst economic times people continue to buy new cars for the following reasons, accompanied by a comparison to new home buying:
- A new car features all the latest technological advances for economic operation, personal safety and up to date styling. All of our new homes contain many efficiency upgrades that will reduce your monthly operation costs. Such features as insulated windows with Low-E glass, upgraded insulation, and air-conditioning systems with much greater efficiency over those found on older homes. Our new homes are also engineered with all the latest wind velocity resistance codes which increase your personal safety and mitigate damages in the event of hurricanes or other high-wind situations. These new codes also make your home much more desirable for coverage by insurance companies, along with greatly reduced insurance premiums.
- A new car has all new parts and comes with warranty coverage in the event that a covered item fails. When you buy a used car you can sometimes be unaware that the car has sustained permanent damages from a wreck or that some components may be on the verge of failure. When buying a foreclosed or short-sold house you generally receive no warranty coverage, nor do you know for a certainty how long the house has been left vacant and which components may be ready to fail through a long term of disuse. Also, there may be deterioration in the house in the form of mold, mildew and vermin infestation associated with long terms of stagnant air conditions or lack of routine maintenance.
In some cases a foreclosed house may also be the victim of deliberate abuse and sabotage by the disgruntled previous owners who have had the house forcefully taken from them.
- When buying a new car you can order it personalized to conform with your desires and tastes. You can decide what features you must have or would rather avoid. When buying a used car you often have to be satisfied with someone else's taste and styles that are not current. In the same way many of the homes available from foreclosures and short-sales are dated, tired-looking and out of step with the latest styling trends. On the other hand, ordering one of our custom-built homes ensures that you are getting the latest architectural innovations and enhanced curb appeal. You will be part of the process in choosing the colors and options that reflect your personality and good taste.
- When it comes time to sell you car and move on to something new a later model will certainly be more desirable and valuable on the market than a car that has greatly depreciated through years of use or abuse. In the same way, a new home may cost more at the initial purchase, but it will also be worth more on the resale market.
In conclusion I hope you will agree that a customized new home can be very competitive compared to all the second-hand, foreclosed and short-sold houses currently on the market. There are many bargains available right now for new homes considering the drop in prices from vendors and suppliers, decreases in interest rates and rock-bottom land costs; not to mention reduced, and in some cases suspended impact fees from county governments.
This is a great time to buy a new home!
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