Why Buy a New House Instead of an Old One?
The joy of saving for a house is being given a new key for a new house. You want to smell the freshness of a brand new house which you will be spending the bigger part of your life in. There could be a lot of reasons why one should go for a new house instead of an old one. The term second hand in most cases can mean you are the twelfth owner of the house. It is tough for you to know its ownership history. One can sell a house for a good reason or because it has become a burden to him. May be the owner of the house deemed it very costly to correct series of issues which emerged from architectural related issues. After the owner has encountered series of expensive repair and maintenance costs, he then chooses to sell the house. If by bad luck you buy such a house, you will automatically inherit the same problems of the former owner. The roof could be having series of issues which makes it frail. The walls are almost craving in and the floor has lost its original texture. When a house is being prepared for sale, the agent will stress on the house owner doing some repairs so that it can attract a better offer from its buyers.
The few dollar repair and maintenance is normally done so as to attract better offers from potential customers and not to give you the actual value for your cash. You may not see huge cracks in the wall because they are just filled up and painted, giving you the lure to cough your cash fast. Ultimately, you end up paying for the value which is far much above the actual value of the property. It is now clear to you that you may think that you are making a sound judgment by the acquisition of a second-hand home, only to find that you have gotten into series of issues.
Upon deciding to run away from problems related to the purchase of an old house, here are the tips to help you buy a brand new house.
With many property brokers in the market, it is always sound to ensure that you are not going to fall into the trap of bogus dealers. You do not need to be a property agent, all you need is to ensure that you are working with a property agent who has a sound track record in the real estate market. A small real estate firm may have very limited options to choose from.