New,Construction,Resale,Homes, business, insurance New Construction Vs Resale Homes
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http://annettapowellblog.com - Buying ahome is a decision that is taken after much thought and deliberation. Finances have to be mobilized. Whether youdecide to take a loan or use your own savings depends on your financialplanning. If you are making a joint decision with a spouse or partner, therewill be endless debates affecting your choice of whether to go in forconstructing a house or buying a residential property to live in. Having schoolgoing children will also influence the neighborhood in which you would like tolive. Whether you can wait for a house to be constructed or whether you need ahome immediately will also have a bearing on your choice.Loans and their repaymentschedules vary, if it is needed for a new construction or for buying a resalehome. Construction can make sense if there is a chance that you will be livingin the area for a long time. However, if it is a well established neighborhoodor locality there might not be new plots to construct on unless dilapidatedproperty is demolished to make way for a new home. Make a few trips with thereal estate agent and check out the resale homes. Assess the costs involved inrenovating if need be. Also, sit down with a construction contractor and workout the costs involved in a new construction, including the cost of the land.As costs are likely to escalate towards completion of a new home, factor in apercentage increase on the original cost. This will take care of escalation inprices of raw material and new household fittings and furnishings.Resale homes may be ingood condition where you do not have to pay much for renovations. The charm ofa tree lined driveway and a landscaped garden may be available for the asking.If you want a period home, a resale homemay have a rafter construction with wooden beams and a tiled roof. Decorative mantle pieces over wood burningfireplaces and wooden floorboards may be what you are looking for in a house.Kitchens with a furnace stove and quaint stone counter tops may add to theappeal. Nevertheless, do think whether you would be able to easily clean andmaintain a house like this. Such homes may also have plumbing problems. Newlyconstructed homes, on the other hand, can be modern with the latest amenitiesgiving it a futuristic look. You can plan the positioning of the roomsaccording to the needs of the family. Easy to maintain, you know what has goneinto constructing it. Since material used for insulation and wiring will be ofthe latest technology the home will be more energy efficient than a resalehome.Contact a Realtor whoknows the builders in the area, their reputation and their rates. Choose abuyers agent rather than a sellers agent. The Realtor will give you information about the details to be lookedinto a new construction as well as the purchase of a resale home. Have aninspector look into all aspects regarding your health and safety in the house. Also,ensure that written agreements and warranties cover all for which you havepaid.For more information onresale homes, go to http://annettapowellblog.com/. See you there! Yours Sincerely, Annetta PowellYour Professional Success Coach
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