Before you buy a new home:

1. Find a reliable builder.
2. Make sure you visit an older development of the same builder and find out about residents experiences with the builders.
3. Are they happy with the construction, facilities, and design of their homes? Do they have any complaints against the builders?
4. After you have decided on the builder check out what comes as part of the house and what needs to be paid for. For example if you need an extra bathroom or a sit-out tell the builder before plans have been made and designs finalized. You might be able to get the modifications done for very little extra cost. Asking for these changes at a later stage will be a big headache and increase costs exponentially.
5. Inspect the house at every stage to know that there is no shoddy work and quality materials are being used in the construction. Defective work can be rectified at an earlier stage much more easily than at a later stage.
6. New homes should always be inspected before the walls are closed. So ensure an inspector has visited your new home and given an all OK certificate.

Advantages of owning new homes are

1. New homes are usually built with the latest technology so you don’t need to worry about the asbestos or lead based paints on your walls. These materials, which were extensively used in the past, have found to be great health hazards.
2. New homes also have the latest energy saving devices for heating, cooling and insulation, which mean lower energy bills for you.
3. New homes are also built with the newer gadgets in mind so usually provision have been made for your microwave, dishwashers, treadmills, home theatre systems etc both in floor space and in electrical outlets.
4. You don’t need to worry about the maintenance of your roofing, ceiling and appliances for the first year or so.
5. You can decorate your home and do the landscaping according to your tastes and not be satisfied with somebody else’s work.
6. No worries about older appliances breaking down, roofs leaking or old wiring needing replacement.

Disadvantages of owning a new home

1. Fully constructed new homes usually do not look the same as the model homes that your builder showed you. So don’t be disappointed.
2. Prices of new homes usually start higher than an old home of the same size.
3. Usually the homes are priced at the bare bones level. To get upgrades like good carpets, better tiles and fittings you need to pay extra.
4. You need to furnish, buy appliances, add blinds etc for your new home.
5. New homes may be in underdeveloped areas where schools, transportation and shopping are not yet fully established.
6. Problems with building, construction may be detected only much later.

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Author: Webmaster
http://www.search-real-estate-online.info
Search Real Estate Online
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