Ann Arbor & Saline home buyers looking for a great deal seem to automatically think that buying a foreclosure or bank-owned property is the way t0 go to get a “great deal.” Well, they may want to think again. The foreclosure property may have a great list price, but when you factor in the time and money to get it up to like new condition or to your personal standards, it turns out, in many cases, to not be that great of a deal.
If you knew that they could buy a brand new home for the same price (or less) than a foreclosed home, what would you choose? The new home of course.
Well, here’s the great news….you can buy a brand new home for the same price or less than a foreclosure! Surprised? You’re not alone. A lot of buyers never would have dreamed that new homes have become SUPER affordable.
Let’s take a look at why buying new is better than buying the foreclosed home.
No uncertainty or unpleasant surprises when you buy a new home. With a foreclosure there are always unforeseen problems that pop up, that you will have to foot the bill for. Some of these “surprises” can costs thousands of dollars to fix. Not so with a new home, where you have the latest materials, amenities, and a One Year (or longer) Home Warranty for peace of mind.
Another benefit of buying a brand new home vs. a foreclosure is that new homes are 20 to 30 percent more energy efficient — saving you even MORE MONEY year after year after year.
We at Livonia Builders invite you to check out our latest home offerings and designs to see for yourself what new can do for you. We have numerous homes ready for you to inspect in the Torwood Community of Saline, The Woodlands at Arbor Ridge in Pittsfield Township and Cherry Hill Village of Canton. Or feel free to call us at 734-586-2559.