The constant question in the real estate industry is actually whether you are going to invest on pre owned houses or buy a brand new home. In the contemporary situation of the economic and financial sectors nowadays, it is quite understandable that most home buyers prefer to buy properties sold for resale. However, it is very important that you also see the benefits and advantages of new home investment and what it could do to your hard-earned money.
There are innumerable reasons and advantages why buying new houses and properties are definitely more lucrative and profitable rather than buying older homes which have undergone previous ownerships in the past years.
For instance, new homes are built and made available with longer warranties which are more amenable compared to shorter warranties given to resale properties. Moreover, new houses have warranties which are encompassing and cover all the possible items and aspects of the house. Resale homes on the other hand also have the same warranty however this is only for a shorter period of time and with very selective items to over.
New homes have different and varying new designs which make it a much enjoyable venture to embark upon. Resale homes have conventional and oftentimes the same style, layout and accommodation which leave very little room for you to choose which property suit your preferences and demands. For instance, buyers of new homes have the chance to choose which fittings and fixtures they like from the range of the builder specifically on the wall tiling and kitchen units among others. Thus, in the construction of your new home, you are 100% sure that your personality, preferences and tastes are expressed and mirrored in your very own dream house.
When it comes to safety and health reasons, new homes are undoubtedly much more preferable than resale houses. It is common knowledge especially in the real estate industry that older homes are built with hazardous materials which are at times fatal to your health. These resources include asbestos materials which are threatening to the respiratory system when people are exposed to its micro substances diffused in the air and lead-based paints. On the other hand, new homes are constructed with health-safe and environment friendly materials which are both beneficial to your health and the ecology. Hence, if you invest on new homes, you are also investing on your health and the conservation of the planet as a whole.
This is a very vital and obvious component for investments on new homes since there is a very big difference between resale and new homes in terms of their maintenance. If you prefer low maintenance houses which do not require you to attend to innumerable repair and fixture issues, then new homes are the most amenable options. This is of course the best choice if you just want to spend your extra time bonding with your family and loved ones rather than spend it on do it yourself repair projects.