Benefits Of A New Home In Utah

Benefits of a New Home

A common misconception among homebuyers is the idea that the best home values in today’s market are foreclosures. While there are some good deals on homes in foreclosure, for most buyers, buying a new home is actually the better value.

Robert Burton, vice president of sales and marketing at The Hofmann Company, a renowned homebuilder that has built over 30,000 homes throughout northern California since 1959, shared his insights on the market and explained the advantages of buying a new home over a property in foreclosure.

What makes buying a new home a better value?

For starters, when you purchase a new home you are protected by a warranty. As Burton points out, “If anything goes wrong, the home is covered by the builder’s one-year limited warranty on workmanship and materials, as well as a ten-year structural warranty.” You have peace of mind knowing there won’t be any unanticipated out-of-pocket repair costs to absorb.

Another benefit of buying a new home is the special incentive programs many builders currently offer to assist buyers. Some of these incentives, such as below market financing or help with closing costs, can save you thousands of dollars and make it easier for you to qualify for your home purchase.

If you’re after a quick response to your offer, a new home is a smart way to go. In most cases, you’re dealing directly with the builder, which ensures a prompt reply. “As long as the home is ready for occupancy, you can also count on closing escrow in a timely manner,” Burton notes.

Of course, the ultimate benefit of buying new is having the opportunity to purchase your dream home. You are the first owner and everything is pristine, sparkling, and brand new. In many cases you’ll be able to customize the home, selecting items like cabinetry, countertops, and flooring. Rather than making due with someone else’s choices, you have the advantage of living in a home and a neighborhood that truly reflects your taste, lifestyle and personality.[1]

 

Priority Homes can meet your unique needs at fair and honest prices.



[1] http://www.newhomesmag.com/news/buying_new_versus_foreclosure.php

Buy New home In Utah

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