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. In most cases, you may even be the fifth owner of that house. The property agent will never reveal to you the ownership history of the house which you are just about to buy. Most of the second-hand houses are sold for different reasons which range from good to bad ones. May be the owner of the house deemed it very costly to correct series of issues which emerged from architectural related issues. The reason for selling the house could be because the house was very expensive for the former owner to maintain because it was calling for repair services after very week. You now come buying such a house, and you inherit the problems. You know not what the roofing of the old house has for you. The walls may look new because of the light paint, but the structure could be almost giving in to environmental pressures due to age, and the floor could be rough. This is just like the other market where when the house is on sale, the agent will stress on the property being repaired, not to add to its strength, but just to look more attractive before the eyes o f the unsuspecting buyers.
The reason for this is not to give you a durable service which can last you for a couple of years, but to just entice your eyes and fall into the trap. 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. In nutshell, there are manifold cons of opting to buy an old house.
Now that you know various threats which you may have by opting to buy an old house, here are the measures which you are supposed to make when you are buying a new house.
Always equip yourself with tips which will make sure that you are not going to be lured to buy property which does not deserve its quotations. Always ensure that you have worked with reputable estate firms. You need an established property firm which gives you an array of options all the way from financing to a significant list of houses to choose from as this gives you the freedom to choose the home which suits your budget as well as your needs.
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