Have you ever heard of the term “money pit?” It’s how anyone who’s ever renovated a home will likely refer to the task. When you purchase a “pre-loved home” not only do you inherit the previous owner’s design, you inherit the home’s issues as well. Termites, old circuit breakers, plumbing, water heaters, the leaky roof, the uneven foundation, poor insulation, and the list goes on from there. The problem is, you don’t know what you’re getting a lot of the time. While you may think you’re getting a bargain, you could end up spending tens of thousands of dollars on unexpected repairs and renovations.
In this modern time, it’s wise to buy a brand new home for several reasons. Here are just a few:
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