| When choosing whether to build or buy a new | | | | the construction, licensing and permitting process. |
| home you should keep in mind the pros and cons | | | | 3. If something major was to go wrong with the |
| of either before you make your decision. Read | | | | building of your new home, do you know what |
| this article to find out what they are. Learn how | | | | actions to take with the builder? |
| there are specialists in both areas that are there | | | | Pros to buying existing home: |
| to help you with the process. | | | | |
| Pros for building a new home: | | | | 1. You can move into your new home in 30 days |
| | | | or less. |
| 1. You can customize to your own dreams and | | | | 2. You can renovate while you live in the home |
| needs. Make sure you choose colors that are | | | | without waiting months to move in. |
| neutral when selecting tiles, carpeting, wall colors | | | | 3. A Realtor can help you through the process |
| and roof shingles. This will make a difference | | | | from helping you to find your new home to |
| when you go to resell your home. | | | | negotiating the offer and then through the final |
| 2. Your new home may be more resalable in the | | | | closing process. |
| future because of the customizations and will | | | | Cons to buying an existing home: |
| have the most up to date building codes for your | | | | |
| area. This will make your home safer and save | | | | 1. You are stuck with the deficiencies unless you |
| you money when you go to buy home owner's | | | | spend money to fix them. |
| insurance. | | | | 2. If you have to renovate you may need to get |
| 3. You can use a professional to take over the | | | | permits. You'll be living in the middle of a mess |
| day to day headaches of overseeing of building | | | | until the job is complete. |
| your new home. They will send you pictures and | | | | 3. If you purchase a resale home, it will be that |
| a report on the progress of your new home | | | | much older when you go to sell, which makes it |
| construction. | | | | harder to sell your home. |
| Cons for building a new home: | | | | Whether you decide to buy an existing or build |
| | | | your new home use a professional who specializes |
| 1. You will have to wait 4 to 6 months for it to | | | | in new home building or a licensed Realtor to guide |
| be built before you can move in | | | | you through the process. This wise choice is your |
| 2. Unless you hire a new home specialist or use a | | | | first step to ensuring that your new home and |
| general contractor you will need to learn about | | | | community meets your needs. |