Should You Buy a New Construction or Resale Home?
Click here for a full episode transcript.
CREDITS
Hosted by: Kristina Modares and Steph Douglass
Produced and Edited by: Alan Galinsky
Music by: Bensound
Photo by: Chelsea Francis
Graphic by: Molly Knobloch
Episode 13 Summary
In this episode, Kristina and Steph discuss the differences in the buying process for a new construction home and a resale older home.
Learn what items are up for negotiation with the seller or builder during your option period in each scenario and why only new build buyers get to do a “blue tape walk through” before closing.
Besides the differences in purchasing procedures, they also highlight pros and cons of both types of homes and what kind of buyer tends to gravitate to each. Remember there is no right answer to the best type of home for you, it depends on your investment strategy and personal preferences.
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