February 25th, 2010 Should you buy a new San Antonio home or an existing one?
There are some wonderful new San Antonio homes on the real estate market if you’re interested in getting your hands on a bargain from the local home builders. Many San Antonio custom home builders are ready to bargain with buyers, especially if the buyer has obtained a buyer’s agent who knows the knows the buyers’ incentives available and can advocate vigorously on behalf of the buyer’s interest.
Buying a home when it’s newly built makes a lot of sense for many situations, as opposed to purchasing a previously owned home that has the potential for cost a ton of cash in the future with fix it items and a to-do list a mile long after closing. With a new home purchase, buyers generally say they have a much higher satisfaction with their home purchase than those who buy previously owned homes. Why? There are several reasons.
Buy a new home to reduce your risk
When you invest in a new home, there is frequently less of a chance of getting blindsided by unforseen repairs because you are dealing with a reputable builder with plenty of other homes and communities in most cases. In fact, all you have to do to gauge buyer satisfaction is walk down the street and interview other residents of the community. You’ll easily discover the the builder’s reputation, and hopefully, the amount of confidence you can have that you’re getting a quality home. If you don’t want to fret about a hidden repair you may have to deal with later, do yourself a favor–buy a new home.
New homes are less hassle
If you don’t want to have to deal with inconveniences like replacing old carpet, repainting old looking walls and ceilings, and waiting for a contingency sale to pan out (believe me, this is a common deal-killer), then you should think about buying a new home rather than a pre-existing one. Since the builder has been through this routine many times before, chances are pretty good the transaction will go effortlessly. With private party transactions, you are much more likely to run into delays and costly mistakes along the way to your closing.
Avoid all that by buying a new San Antonio home instead.