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new vs. resale

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Buying a Home

New Home or Resale?

January 13, 2021
New vs Resale

The tight resale housing market has many prospective homebuyers considering purchasing a new home in the new year. But limited inventory and avoiding bidding wars are just a few of the advantages of buying a brand-new home. Read on for help answering the age-old question: New home or resale?

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Buying a Home

Know the Facts Before You Buy a Foreclosed Home

September 18, 2020

Many people assume that foreclosed homes are cost effective, but that may not always be the case. Buying a foreclosed home tends to come with challenges homebuyers don’t expect. “As-is” condition It’s no secret that foreclosed homes are not always in great shape. Once homeowners realize they’re heading for foreclosure, they’re less likely to keep up with home repairs and other maintenance. Some owners are so upset with the foreclosure process that they tear apart the inside of the house, making it uninhabitable. And because…

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Buying a Home

Why Buyers Are Moving Away From Resale

February 25, 2020

New home vs. resale. It’s a common comparison among house hunters. After all, it’s always wise to do a little research before making an important life decision. Although resales still appeal to some prospective buyers, certain concerns, like safety codes and energy efficiency, have many others opting to break ground on brand-new homes. Following are some additional reasons why some buyers may be moving away from resale: Dingy/dirty living spaces. Most people can’t imagine renting—much less buying—a home that’s lost its luster, and who can…

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Buying a Home

7 Reasons to Buy a New Home

January 22, 2020

1. You can tackle your wish list in lieu of a repair list Picture this: You wake up on a Saturday with a plan of improving your home. You hang a piece of art on the wall and shop for that new coffee table on your wish list. Sounds pretty relaxing, right? When you buy an older home, you may not get to this stage for quite some time. Your weekends will most likely be spent scraping popcorn off the ceiling, replacing the faucets or…

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Buying a Home

The House Hunting Experience: New vs. Resale

February 5, 2019

Homebuyers often think of buying new construction as a mysterious process. And as with many things, the unknown can make people nervous. But fear not! Buying a new construction home can be different than buying a resale one, but we’re here to get you up to speed on the differences—and similarities. New vs. resale: Financing With a resale home, prequalifying can help you determine your budget and may help the loan process go more smoothly when you move forward with a purchase. Buying a new…

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