Buying a house :Read this before you do anything

                                          Let’s face it ,Buying a house is an attractive option for many people because — in most cases — you can move in just a month after closing the deal. Quite Often it has been seen , homebuyers worry needlessly over buying of a home that has less-than-excellent features. But the home you buy doesn’t have to be perfect. You can update the not-so-impressive features of a home over time, and you might even pocket a good profit from the upgrades you made. People do it all the time, in fact one of my friends profited considerably ridiculously by remodeling her home.

Many times, it has been seen buying a house is considerably better ,but saying it will be better for you to have a look down:

 Pros of Buying a House

•             Opportunity to resell your home: If you buy a home and make much-needed upgrades, you have the potential to resell the home, allowing you to pocket the difference .A good estimate after compiling from various sources is any where between  30-40% of home purchase price.

•             Upgrade costs can be delayed: With a pre-existing home, you are in no hurry to make the necessary remodeling and you can better budget it.

•             Ability to move in quickly: In most cases,the move in factor is important after closing. There is no wait time or temporary housing to worry about.you can move in immediately.

•             The neighborhood: If you’re buying a home in a pre-existing neighborhood, then you already know the neighbors, property values and the like. Another good thing in most cases, is that the neighborhood  is developed a bit.

•             you can see the house you’re buying - You can see the floor plan ,the layout of a pre-existing home or in some cases even the house itself .

 Cons of Buying a Home

•             Buyer’s remorse: You might discover some shortcoming in the houses after you have bought the house, that didn’t stand out when you were in the buying process and have after thoughts which in all cases are bad.This is a non-strater if you build a house with with the finest builder in nz.

•             Upgrading/Remodeling costs can be expensive: Having to move into a home and make upgrades can be a major time and money investment. The average cost of even the simplest home remodeling projects can cost thousands.

•             The basic structure/layout cannot change:  You can’t easily change the layout or floor plan of a pre-owned home and even trying to change the basic layout is like beating your head on a stone wall.

•             High home insurance: Another cost you might have to incur are the home insurance costs, which can set you back by a long way.

for reading pros and cons of building a house click here