What do we mean by new home buying? Well there are two instances that spring to my mind:
Buying a new home that is new to you (potentially second or subsequent hand)
Buying a home that is brand new
In either situation there is lots of information that you will need to consider. Here we are going to take a look at breaking down this information, gathering it together, and forming that all important decision.
Are you a First Time Buyer and wondering what this all means for you? Perhaps you are evaluating the renting vs buying a home question? Take a look at our First Time Buyer home moving checklist information for additional insight.
I never thought I would have a brand new home, never in a million years. However I am here, writing this website from my new home. Buying the house for myself and my family, it was lovely to think that we were the very first people ever to live here!
As the population around globe is ever increasing, the requirement for new build homes is also in demand. There are advantages and disadvantages to this, which we will take a look at.
So what type of new build home you are after:
Unsure what these are, lets take a little deeper look...
I'm sure you've seen the buildings, you can get to view a showroom, example home. Depending on whether the ground has been broken as yet, you may well be able to influence some of the choices that are to be made. Further information can be found here.
Perhaps for the more ambitious, but have you ever had that dream of your ideal home? This is your chance and opportunity to explore this option. From selecting the ideal piece of land, to getting through planning permission, to seeing your home constructed. There is so much that you can truly get your teeth into. Further information can be found here.
Perhaps you've come to thinking of a brand new home, as you've seen some in the results from your property searches. The house is built, all the fixtures and fittings are in, the only thing that is missing is your family. Further information can be found here.
Once you have identified which new build buyer you are, click on the further information to obtain further insight into this type of property.
You may well find that looking at the New Build properties doesn't tickle your fancy. Perhaps you long for a home filled with period features, as it matches your home making style.
I know I would just jump at the chance of a Georgian Manor House; it is however a dream, that I hope one day to realise!
With the house hunt ahead of you, lets just run through some checklists to ensure that you know what you are looking for:
These checklists will let you evaluate the area, as well as the home that you are looking for. Still unsure which new home buying is most appropriate for you? Then lets look at some of the advantages and disadvantages of these.
In this exercise lets look at the advantages and disadvantages of buying a brand new home.
This list is by no means exclusive, however, it may start you off on the right foot to evaluating which type of home you'd rather buy...
You can carry on with this list, specific to the homes that you have looked at. You may also find that bringing through the information you have found on location, distance to work or relatives, into this advantage and disadvantage list, will allow you to look at the specific situation for you.
Now let's take a look at the advantages and disadvantages of buying an existing home.
Again this is not an exclusive list, but should set you on the right track to finding a home you are most happy with:
If you are at all daunted by viewing homes, then do take someone with you. Relying on the estate agent or the vendor to show you the home, does have it's benefits, but remember they are trying to sell you this home.
Having a third parties' perspective, who isn't emotionally attached to the decision, can and will give you assistance with your new home buying decision.