Having a home is among the most important investments people get into.
A lot of factors should be accounted for and a single mistake can lead to tragic consequences in the future.
The number one decision people who want to have a home for themselves, is deciding whether to buy an existing home or to build a new one.
Everybody has their own idea of an ideal dream home. It can be the shape of the house, the fixtures, materials and etc. If you are a beginner when it comes to real estate you may face a dilemma between to buy or to build. Here are some information about the two to help you decide which one is more appropriate for you.
The Convenience of Buying an Existing Home
The primary advantage of buying a new home is the convenience and in some instances the cost.
Even with all the works being done before, during, and after the transaction, buying an existed home will only take you some weeks, or a few months at most. When you have closed the deal, you can move in right away. Some existing homes are already furnished so you don't have to go through the struggle of buying new appliances and fixtures. One major advantage of existing homes is that most of them are within or close in cities and have more access to schools, hospitals, and other public facilities because most of the land in the economical areas are already taken and build with homes.
There are many possible choices for your budget and you can still negotiate to lower the price of an existing home.
The Customization of Building a Home
The primary advantage of building a home is customization. You can build your home the way you wanted or have visualized.
Another advantage of building your new home is that you know the materials being used and can avoid any potential harm that can happen to you or your family. According to Guy Burtt, principal with Riverstone Development Group, Inc., "A new home is less likely to have the health concerns or toxic materials of an older home - things such as asbestos, lead paint, mold, etc.,"
Homebuilders are offering discounts every now and then to keep their men employed. Also with the rise of their confidence level, they are offering to build single family homes for lower prices.
Whatever you decide to choose, the best way to have the process to go on smoothly is by hiring a reliable Real Estate Agent or a trustworthy General Contractor.
