Why Buy a New House Instead of an Old One?
The epitome of joy is when after saving for some time so as to buy your house, you are given a brand new key for a brand new house. You have just managed to run away from the ever pestering landlord and now there you are, a new key, a new house in the location which you really like. There could be a lot of reasons why one should go for a new house instead of an old one. You may not even know the number of owners who have lived in the house which you are just about to buy. It is tough for you to know its ownership history. 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. After the house maintenance cost has become a nagging and unending issue the homeowner may have opted to dispose of through selling. You now come buying such a house, and you inherit the problems. The roof could be having series of issues which makes it frail. 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. 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.
This is done to boost the overall strength of the structure but to make you cough more cash unknowingly. The walls could be having cracks which posed a great danger but to bury this, they are just filled up, and some repainting is done just to lure your curiosity. 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.
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.
There are numerous home sellers in the property market, but is always safe for you to trade wisely. Always ensure that you have worked with reputable estate firms. A small firm will rely on your cash to buy their next house, and out of this, you will be required to pay them money.
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