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Tuesday, November 19, 2013

New Construction vs Buying an Existing Property



Today I am onsite of a new construction home to talk to you about buying either a new or existing property.

There are many benefits of buying an existing property. First, you are buying a home in a mature, existing neighborhood so you won’t be dealing with muddy roads and loud construction equipment. Secondly, you can typically purchase a home in an existing neighborhood for 15-20% cheaper than new construction. Finally, with purchasing an existing home, you can usually close in 35-40 days versus five months to a year of new construction.

Purchasing new construction also has its advantages, too. With new construction you have the ability to pick the location and lot you want and also what builder you want as well. Second, with a little extra money, you can have a completely custom home to conform with your family as it grows. Finally, although it may take longer, you have complete control on how everything is done.
If you or anyone you know is considering either new or existing property, don’t hesitate to call (402) 957-1116. Thanks and have a great day!