Should You Buy A New Home Or A Resale Real Estate Professional Marc Oster Helps You Make Your Choice
When you are looking to buy a home in Colorado there are obviously many choices to make and many different things to consider before finding a home that is right for you. Many buyers would like to know whether they should buy a new home or a resale. Both have their own unique advantages.
When purchasing a brand new home directly from the builder you will get property that was never occupied by anyone else. You are therefore sure that you will get a home that is clean with no damage, odors or other problems. In addition, builders give you a warranty that covers the house for one year.
On the other hand, builders are seldom willing to negotiate on the price unless their company is in dire financial straits. Some may offer to pay a part of the closing costs, however they are not under any obligation to do so. You can always ask, but there is no guarantee that you will be successful.
With falling revenues, a large number of builders are trying to find any way possible to save some money. Appliances used to be included in the price of homes before, but many builders now charge extra for them. Other things, such as window treatment or even garage door openers may not be present in the home. The landscaping will probably also be the bare minimum as well.
There are many buyers who prefer to buy a resale from a private seller. There are many reasons for that. They can be sure that things like carpeting, window treatments and a nice yard will be taken care of. The main reason, however, is that sellers are a lot more willing to negotiate the price of the home and closing costs than builders. And this could save a buyer tens of thousands of dollars.
Therefore, you should look at both new and resold homes to see what you are getting for the price that you will pay.
If you want more info on selecting your next home, contact the local real estate expert Marc Oster with Y & M Real Estate LLC at 9703021233.
