Imagine paying 3.5% down payment, using a mortgage to purchase a home but getting a 100% of the property to enjoy and all the benefits that comes with it. That is called leveraging your money and
Comparing New Construction Vs Resale
Dated: October 18 2018
Views: 359
New construction home developments have sprung up across the country. They showbeautiful new designs in both living spaces and exterior details. But there are also goodreasons to consider a resale home as well. We’ll explore the benefits of each so you candetermine which suits your needs and goals better.
Brand New Construction Home
The first advantage for new construction is that everything is new, fresh, modern and includesthe latest design trends. Appliances and windows will be energy efficient and include all thenewest features. Home buyers will also find no need to budget for repairs since everything isnew and should include a warranty.
Resale Home
A resale home can offer great value to the home buyers. The home will already havelandscaping and upgrades installed, saving out-of-pocket costs. Resale homes also tend tohave larger lots in established neighborhoods. Property taxes May also be lower because theinfrastructure is already paid for.
Both new construction and resales homes have benefits. If you are in the market for a newhome, consider the options in your area and compare real costs and benefits. Knowing thedifference can save you money and help you find the right home for your needs and lifestyle.
Tolechia Lane
I purchased my first home as a single mother in my early 20's, so I know the fears, the anxiety and the financial responsibility that comes with such a large purchase. But I also know the pride, joy a....
Latest Blog Posts
When Preparing to Purchase a Home the First Step is getting your finances and credit in order. Mortgage Lenders Review you Credit History, Employment Status, Income and Debt to qualify you for a
Did you know that when you purchase a home, pay your down payment and closing costs, the money isn’t gone?!You’re literally investing the money and flipping it!! Think of it as a
I re-built my credit and my husband credit without using Credit Repair from the 500s to the mid 700s. Here are the steps we took.1. Sign up for Credit Monitoring Service to view your credit scores
© 2020 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Ink Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real Estate Information
