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New Residences

Freshly constructed homes have very good quality handle standards, newer construction techniques, and far better energy efficiency than a lot of older homes. They frequently carry a 1+ year warranty and good financing alternatives. The downside is that even though they are effortless to get into, it is very hard to sell them for a couple of years (specially if the builder is nevertheless in the subdivision), and the final cost is usually larger than an older home (even though they generally call for quite little up-front income, and several builders will give thousands of dollars of upgrades and incentives.) The neighborhood will not be established, there will be very couple of shade trees like in an older neighborhood, and it will have a lot more of a frontier really feel. If you like new and shiny like a new automobile, then the clean smell of a new house will be your factor.

Current Residences

These are owned by property owners who want to sell their houses. They have been seasoned, and could be better constructed than newer properties. A lot of people like the fact that they have the charm and history of obtaining been lived in - in reality, a lot of buyers believe that a new home is "cold" if it hasn't been lived in. Their age provides them respectability, and they are in established neighborhoods with tall trees and established neighbors and schools. They might be funky/customized with interesting quirks. These are for men and women who like "established" OR "distinct." They are considerably easier to sell quickly soon after you buy 1. Many also carry a 1-year warranty. They might not appeal to men and women who like being the initial in a residence or who want 1 constructed specially for them.

Which do you like much better - New or Existing? People who like one particular could not like the other, even though there are many exceptions who like each.

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