Pros and Cons Of Buying a New Mobile Eastern Shore Home
Considering buying a newly built Mobile Eastern Shore home? Here are some things to think about.
ADVANTAGES:
- HOME WARRANTY: Generally this warranty is good for one year and covers heating, cooling, and electrical systems and plumbing. Some also cover appliances.
INCENTIVE PROGRAM: Many builders use incentives, both large and small, to attract buyers. Examples include vacations or furnishing for your Mobile Eastern Shore home. Note: these incentives are often offered only if you use the builder’s lender.
- CUSTOM DESIGN: If you become involved with the builder early in the building process, you may have a say in the home’s construction–from customized features to flooring to colors.
- FASTER CLOSING. No titles to search.
- SAFETY/HEALTH: No worries about old wiring. lead paint, or asbestos.
- LESS MAINTENANCE: Materials used in the exterior of a new home do not require yearly painting.
- ENERGY EFFICIENCY: Less waste, and thus lower bills.
PRECAUTIONS:
- HIRE A BUYERS REAL ESTATE AGENT who is experienced in new home sales. A strong Realtor negotiating on your behalf can save you thousands!
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Improvements to your
Eligibility: you must be at least 62 years of age, own your own home (or have a very low balance that can be paid off), and be living in it as your primary residence. Your
Organize it by room.
HO-1 is very basic coverage, insuring against fire or lightening damage
where they are known and respected, move further from friends and family, consider downsizing and parting with treasured items, and undertaking the seemingly overwhelming job of emptying one home and setting up another. In addition, they don’t want to give up the security or the memories tied to their current home.
HO-1 is very basic coverage, insuring against fire or lightening damage
Before you rush into refinancing your
There is, however, a painless way to lessen the angst and allow you to cope well (maybe even enjoy) the relocation process–and that is organization. While you may be proficient at researching and hiring a moving company and