Buying a Brand New Home – Advantages and Disadvantages

Buying a Brand New Home – Advantages and Disadvantages

Posted on June 25, 2019

Jordan McGregor

What’s your guess? Do you think potential home buyers prefer buying a brand new home or an existing one?

While there are pros and cons to both, most people do still prefer an existing home over a new one. About 40% of home buyers like the idea of a new home, while 60% still prefer an existing one.

Home Inspections

A home inspection prior to purchasing a home or condominium can bring peace of mind when you sign the sales contract. Knowing what to expect both inside and out will help you make an informed decision about the value of the home and the future upkeep. A home inspection accomplishes two important goals. First, it…

Real Estate Terminology

The one thing about participating in the real estate market that confounds most consumers is the terminology and jargon that must be learned. But, as with any business, in order to be successful as a buyer or seller, it is necessary to become familiar with certain concepts and words. The real estate business is somewhat…

Home Owners Primer

New homeowners often find there’s more to keeping up a house than cutting the grass and clearing snow from the driveway. Tools To start with, a new homeowner needs to have on hand a ‘basic tool kit’. A number of basic tools are a must C a metal hammer, screwdrivers with a variety of heads,…

Buying a home of your own

So you’ve decided you want to stop paying rent and buy your first home. You’re not alone. With interest rates at their lowest in decades, many people have discovered that mortgage payments can be significantly lower or at least comparable to the rent they are currently paying. Making the decision to become a homeowner is…