Saturday, 24 September 2011

Building a new home vs. buying an existing home

!±8± Building a new home vs. buying an existing home

If you are like many potential homebuyers, you are given the pros and cons of building against buying a new home in an existing home. If you work with an entrepreneur are probably some things that may not be clear on the purchase of an existing home. Otherwise, Buyer caution - there are many things to buy your house that he had perhaps should be included.

Here are the top six things you notice when a new house shouldvs. buying an existing home:

1) Due to the materials: There was a time when homes were built with lead paint, asbestos coatings, and many other materials that are now considered toxic. While many homebuyers are aware of the risks associated with homes built before 1970, there are still risks for the purchase of new homes from inferior materials and construction methods. For example, we know the benefits of using fiberglass insulation of cellulose? Do you know of suitable buildingsPractices to ensure the highest possible quality of indoor air? Probably not, but you should Maine building contractor.

2) Security & Encryption Problems: There are many functions in old houses that can not be up to current building codes, inspections, but be careful, because they are grandfathering in. For example, steep stairs may be unsuitable for children or adults aging kitchens and bathrooms to be properly ventilated, and many other things. These problems range from mild to dangerous, but allImpact on the quality of life at home and can cost up to an important long-term restructuring.

3) energy inefficiency, because building codes and practices have changed so much in recent years, many houses, not until a few years ago as energy efficient as a new home. On average, the energy cost of an Energy Star rated home up to 30% less than a traditional house - which is an annual savings of $ 800 - $ 1200 per year!

4) Property sold "As-Is:" Although there is aDisclosure of ownership of the seller for serious deficiencies alerts you with an existing home, what about all the small (but incredibly annoying) things? You know, like the faucet as a drop slowly, the door that sticks in the summer and dozens of other "little things" that add up to big headache is the long term. In addition, a bigger house comes with the systems and devices that are no longer under warranty, expensive to replace if they are unexpected.

5) Restructuring"The Money Pit," to convince many buyers are still very much on a house, and make their dream home with only some minor refurbishment. The reality is that the restructuring of a chaotic, time-consuming process. While it is certainly worth the end result, especially when you update a kitchen or bathroom or adding a garage, there is a lot to it the way you want to say from the get-go.

6) Not your style: When purchasing an existing home, it is unlikely thatcome upon a vendor with your exact style interior design. Most likely, paint colors, fixtures and tends to be updated or replaced to suit your needs. Why not have the road from the beginning?

The bottom line is that the construction is not the right fit for everyone, is a great solution for most home buyers. A reputable contractor / home builder can walk through the home building process and decide if it is right for you. To ensure the qualityHomeowners www.nahb.org or visit the local NAHB chapter. While there are many "offerings" must be existing in the domestic market, it is important to consider above and realistically portray what you are going to spend and what you always. You will be surprised - and not in a good way.


Building a new home vs. buying an existing home

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