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New home vs. Used home

By
Real Estate Agent with Real Estate

If you are struggling with the choice of either purchasing a new home or a existing home. Here are differences between the two you might want to consider.

New

You Personalize -You design a home to reflect your individual style

Full Warranty - a peace of mind that your new home will last

Energy Saving- Newer energy efficient technology for energy savings

Lower Interest Rates - Better financing options with the ability to lock in your rate while you build, plus lower your payments

Current Plans - A great selection of floorplans designed for the way you live 

Used

You Inherit - You settle for someone else's choice, not your own style

One Year Warranty - Most homes are covered for only minor repairs for the first year

Outdated Technology - Older homes have higher energy cost and lack todays features

Higher Interest Rates - Conventional loans can't compare and cost more over the length of loan

Outdated Plans - Smaller rooms, insufficient storage, lower ceilings

 

 

Julie Chapman
Julie Chapman Broker - Ormond Beach, FL
Daytona Beach Shores, Florida

Mark,

Great points.....thanks for sharing. 

Dec 08, 2007 12:59 PM
Lara O'Keefe
North Texas Home Finders - McKinney, TX

Yeah new homes! Excellent selling points!

Aug 27, 2008 11:17 AM
Larry Lawfer
YourStories Realty Group - Newton, MA
"I listen for a living." It's all about you.

This is a great blog with good information that is easy to share.  People when they come to the decision to do one or the other need this kind of simple advice. Thanks for sharing with us.

Jan 27, 2010 08:19 AM