New homes also provide a number of opportunities to reflect your personality. One of the main attractions in building or buying a new home is the customization. Choosing your home’s fixtures, carpet, wall covering and counter tops will not only showcase your unique style, but also make your new home more comfortable.
Technological advances also make buying a new home more appealing. Retrofitting a resale with today’s new technologies can be costly and difficult. Designing your new home with wireless Internet access and surround sound in mind can be far easier than installing in an older home.
Whether or not you can afford a house is an important factor to consider. Several first time home buyers must take into account how much of a down payment can be made on the house as well as how much of a loan he or she can be approved for. This applies to you as well as it is an extremely common conundrum. Your investment in a home should never exceed 28% of your annual income, and this investment doesn’t just include the house itself. This also includes property taxes, insurance, mortgage payments, agency costs, etc. That being said, you should really evaluate your financial situation before signing any sort of contract when buying a new home.
Soon enough your home will be built and you will do a finally walk through to make sure the home is complete and up to par. I would recommend not moving into the home until it is 100% complete. You may think about moving in sooner, but you will end up frustrated if you do. This will occur, because once you are in the home you will have to be there to let in the construction guys and have the hassle of strange people in your new home. Once your do move in examine the effectiveness of all the appliances in the home including the heater and air conditioner.