"Why buy used when you can buy new?"
Buying a home as a first time home buyer can be very frightening considering the financial obligation that will be required of you. What we've learned over the years while working with first time home buyers is that money matters. It is not so much the cost of the home that can be frightening, its the monthly mortgage payment that can be down right scary!
Before purchasing a home, one must consider the financial impact this new debt can make on your monthly expenses and plan a feasible budget to allow you to comfortably afford your home.
Myth # 1 - "New homes cost more than used homes."
Sometimes we confuse the word COST with PRICE. Depending on the area you will chose to purchase, new homes may have a higher price than used homes but do they really cost more?
Things to Consider
Myth # 2 - "Used homes are built better than new homes."
It is true that a home built today is different than a home built as recently as 10 years ago. Because of ever changing construction codes and ordinances, home builders are held to a higher standard of construction in order to protect the consumer. This insures that a home buyer is getting the safest and most efficient home at the time of purchase according to the local building laws. Some major enhancements in home construction within the last 10 years has been Energy Efficient windows, MANABLOC™ Plumbing Systems and Post-tensioning Concrete slabs just to name a few.
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MANABLOC™ Plumbing System
"Your home may be the biggest investment made in your lifetime!"