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The Pros and Cons of Owning an Old Home vs. New Home

Posted By Thomas B. Chuong On September 15, 2009 @ 4:39 pm In Building & Renovating | No Comments

When one makes a statement that they are moving into a new home, it can be taken one of two ways. It can mean that it is an old home but a new one for that person or they are moving into a home that has never been occupied before.

Older homes have higher maintenance expectations

Depending on which type of home it is carries very different expectations that must be met. leaking-home-180 [1]If it is an older home that you bought and is now classed as your new home, then there are certain things that you are going to want to be sure that are not amiss in the house.

For example, it is very important that the major items in the house are working properly or updated such as your central heating, windows, wiring, plumbing as well as a solid roof. You are not going to get the same assurances when you are buying an older home as you are when you are buying a brand-new one.

New homes are not without their problems either

That does not mean to say that you cannot run into some very serious problems when buying a new home as well. new-home-180 [2]Credibility of ‘how good’ the new home is falls into the laps of the builders that have built it. If they have done shoddy work or used inferior materials, it is not going to be long before these are going to be noticed and you are going to find that you are running into some serious problems.

Stick with a builder who is certified and qualified

You want to be sure you are buying a new one from a builder that is reputable, experienced, certified and qualified. When you are buying a used home you have your real estate agent that you can rely on as far as his expertise goes. If there are any problems with the house, these should declared before you purchase. This is one reason why conveyancing solicitors are used for buying and selling houses.

Buying a home via “private sale”

It has become the trend lately though for homeowners to sell their homes privately. private-home-sale-180 [3]There is nothing wrong with this and it does save a lot of money on real estate fees. However, a word of warning is to make sure that you use a conveyancing solicitor for the transactions, regardless.

If you find that you’ve moved into your new (but “well established”) home and something really seems to be terribly wrong, then the wisest thing to do is get a hold of the real estate agent that did the deal for you. And if that doesn’t work, then you need to go back to your solicitor and take further action.

When it comes to issues with a “brand new” home, you are going to have to resort to your solicitor to correct the problem if the contractors will not honour their work. Some builders associations handle complaints and tribunals can be held in such cases.

About The Author

Thomas B. Chuong is currently writing about topics related to home improvement & decor, personal fitness, and home & garden. Find out more by visiting these sites Armoire [4], and Home Gym [5].

Article Source: http://EzineArticles.com/?expert=Thomas_B._Chuong [6]


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