Whether retiring, downsizing, or you are buying your very first home then you might be considering buying a brand new construction home. New construction homes are ones where you are the first buyer and they have never been lived in. These can include single family detached houses, condominiums, and townhomes.
It seems like this might be the best way to get in to the market whether downsizing, relocating, or even as a first time buyer. Well that shiny new home may seem to be appealing, however, you need to know there are pros and cons to buying a new construction home. This video gives you 5 pros and 5 cons for your consideration before taking this route to buying your new home. (Video:87)
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The chapters for this video are at the bottom of this description.
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Gary and Rosemary
"We Love People And We Love Homes!"
Chapters:
00:00 Introduction
00:45 What is New Construction
01:03 Pro#1 You Get the Pick of Your Unit From Many
01:32 Pro#2 You Lock in Today's Price
02:19 Pro#3 2-5-10 Year Warranty
03:12 Pro#4 Sellers May Offer Extra Incentives
03:32 Pro#5 You Know Where and When You are Moving
04:11 Con#1 You Do Not Get To See the Final Until Finished
04:45 Con#2 You Can't See the Final View From the Suite
05:09 Con#3 Landscaping May Not Be Complete
05:51 Con#4 Move In Delays
06:15 Con#5 New Home May Cost You More Than Existing Home
06:56 Tax Implications
07:44 Do You Need A Realtor To Buy A New Construction Home?
09:10 Next Video "5 Pro Tips for Moving Out of Province"
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NEW Developments in VICTORIA BC - ARE there PROS?
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