Facts About Buying a New House Over 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. This piece highlight essential reasons which makes choosing to buy a new house far much better option than just buying a second hand 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. One can opt to sell his house because it has series of problems stemming from the construction of the building. After the owner has encountered series of expensive repair and maintenance costs, he then chooses to sell the house. If by bad luck you buy such a house, you will automatically inherit the same problems of the former owner. The roof could be having series of issues which makes it frail. The walls have carried the roof for many decades, and it is almost giving up, the floor has been stepped up for so long and requires a fresh retouch. 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.
The few dollar repair and maintenance is normally done so as to attract better offers from potential customers and not to give you the actual value for your cash. 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. You end up not getting the real value for your cash. 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.
With many property brokers in the market, it is always sound to ensure that you are not going to fall into the trap of bogus dealers. 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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