It is so alluring to buy a brand new home. The idea that you get to start from scratch and make the very first memories in a home, plant the first garden, and burn the first pizza are always heady ideas. But when buying a brand new home there are a few things you should consider.
Initial Investment and so much more…
Even with all the incentives to purchase a new home you will still have to invest more in your brand new home.
Interior Decorating: Most likely you will be responsible for the purchase and the labor investment necessary to decorate your home. This will certainly include window coverings, paint, maybe even wallpaper.
Exterior Decorating: You are probably also going to need to invest in the lawn and landscaping of your new property.
Unless your new home is close to you job you may be purchasing a home that is further away from your job. This means you maybe investing more in your car for repairs and oil changes. You may also fill your gas tank more often.
Another item you may need to think about when buying a new home is the layout of the new community will there be additional homes built in the area around home? You don’t want plan to sleep in one morning, only to wake up to a bulldozer digging up the lot in front of your home.
Buying a brand new home is exciting, just remember, there will be greater indoor and outdoor investments other then your home. Working with a real estate agent you will be able to discover what kind of house is the best fit for you.