Is a Foreclosure Home Really a Better Deal.
Take a close look…..a foreclosure home may actually cost you more than a brand new home
On the surface, homes in foreclosure can seem like a real bargain. And, in today’s economy, we all want to save a little…or a lot…of money. But will a foreclosed home really save you money? Many unsuspecting buyers of foreclosed homes often discover too late that the true cost of a distressed property often doesn’t end with the sales price. As a matter of fact, when you take a closer look, you’ll find that buying a new home can actually save you money.
Most prospective buyers don’t understand the risks that come with a foreclosed home. In an effort to educate home buyers on the realities of purchasing a foreclosed home, Landon Homes, one of the most respected and successful home builder in Dallas, has put together a comparison chart so buyers know what to look for and the questions to ask when comparing foreclosed homes with new homes in the Dallas area. Here are a few examples:
Foreclosure Homes Builder Homes
|Cost||The repairs may be costly or you may need loan assistance to pay for them. A Home Equity Loan should not be the first thing you do.
||Save time and money up front. You may even come out in front when buying a new home once you add up the cost of repairs.|
|Warranty||AS IS means AS IS who will you turn to when something doesn’t work or breaks? Nobody stands behind the work. Not even the bank.
||Fully warranted by Landon Homes.|
|Damage||The extent of the damage to the home may not be unveiled until you move in it can be expensive and time-consuming to fix.
||Your Landon Home is guaranteed and any small repairs can be handled immediately.|
|Liens||The surprise of possible liens and/or judgments against the property is not what you intentionally signed up for.||All new Landon homes come with a clean title.|
The cost for repairs, legal fees and clean-up can quickly turn that bargain foreclosure into something you quickly regret. Learn more about the cost advantages of buying a new home at foreclosed pricing over buying a foreclosed home.
One of the biggest un-seen advantages of buying a new home is the latest energy saving and construction techniques incorporated in new homes that save buyers money on their utility bills and their insurance premiums.
Visionary builders like Landon Homes in Dallas build homes that respect both the environment and your budget. At Landon, energy experts work hand-in-hand with architects to create a home that is both beautiful and eco-friendly and conserves energy resources thereby minimizing your monthly utility expenses while maximizing design impact and flex space.
For more information about how a new home can save you money on new homes in Dallas and Frisco ISD at foreclosure prices, go to: www.LandonHomesUSA.com or call 1-866-898-3603.