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Buying a New Home
By New Home Tools | Published  02/5/2005 | Home Buying | Unrated
Buying a New Home

New homes are often the choice for many new buyers. Many of the new housing communities offer custom homes, multiple amenities, private streets, good school districts, and updated home securities and warranties.

Most builders do a lot of research to determine customer preferences and current trends. Because of this, their homes are carefully designed for today's lifestyles and needs. They realize what was popular several years ago is most likely not what people are looking for today. With a new home you don't have to worry about replacing the harvest gold counter tops, the avocado carpeting, or the teal tile in the bathroom. Instead, you will be able to choose the tile, carpet, countertops, cabinetry, and customizing options that suit you best.

To add to your peace of mind, many new homes come with a one- or  two-year limited warranty as well as some sort of structural warranty. You will also know the complete maintenance history of your home. New home builders use only modern building materials, which eliminate the risk of asbestos, lead paint, or the hazardous materials that you find in older homes. In addition to this, most new homes are built with the latest technology and techniques, including security systems and high-speed internet access.

There are many new home communities being constructed everyday, make sure that you take the time to research all of your new home choices and consult a real estate professional to make sure that you do not miss the perfect home for you.

Below are some more of the benefits to purchasing a new home...

Value and Appreciation - New homes have a longer life expectancy, and therefore will appraise higher. Future re-sales are favorable at appreciated prices.
 
Warranties - Most new homes have at least a one-year warranty on the home, and five years on major appliances. Some builders extend structural warranties to 10 years.
 
You Get the Floor Plan You Want - When you buy a new home, you get to pick the options your want, including the floor plan, choices of optional rooms, extra footage, upgrade materials, and color choices. You can make the home fit your needs and personal tastes.
 
Simplified Financing - Builders can do the searching for the best possible rates for your mortgage. They are often able to negotiate the best deals since they deal in higher volume.
 
Better Pricing - Especially in a market where many new homes are under construction, new home prices are usually more competitive. It is also easier to comparison shop a new home to ensure that you are getting the best deal for the value.
 
Latest Materials - A new home will meet all current safety and environmental codes. You are assured that toxic materials such as asbestos and lead-based paints have NOT been used in the construction. A new home will have lower maintenance requirements in its lifetime.
 
A Home To Fit Your Lifestyle - New homes have larger rooms and more space overall. You can choose family rooms, libraries, and even home theaters. They are equipped for modern electronic equipment, such as computers, microwaves, TVs, multiple telephone lines, stereo equipment, faxes, and even networked computers.
 
Energy Efficiency - Today's laws govern that new homes be built under much stricter energy guidelines. This ensures some savings opportunities to you as the consumer.
 
Modern Appliances - Builders can offer you the latest in every technology. New appliances come with warranties, are generally more energy efficient, and have lower maintenance costs. Since the builder is buying in volume, he can often get these appliances at a better price to you.
 
Compatible Neighbors - Moving into a brand new neighborhood or community ensures that everyone is new and everyone tries to be more outgoing to meet their neighbors.



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