Important Pros and Cons of Buying a New Construction
#newconstruction #buyahome #losangelesrealestate @JacobLiubov
If you are looking to buy a new construction home or a condo for the first time, and not sure what pros and cons you should be considering, then this video is for you. What are the main benefits and disadvantage of buying buying new construction in this housing market? Why there are only few new construction options available in any given part of Los Angeles?
Looking to Buy or Sell a Property in California? Not sure where to start? Don't hesitate to reach out:
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Time Stamps:
0:00 - Intro
0:26 - Low Inventory on the Market
0:48 - Why do Buyers prefer Newly Built Homes?
0:57 - Pro #1 Customize Your Home
1:13 - Pro #2 Higher Building Standards
1:25 - Pro #3 Low Maintenance Cost
1:41 - Pro #4 Construction Warranty & High Liquidity
2:43 - Con #1 Financing a New Home Purchase
3:05 - Con #2 Limited Floorplans
3:20 - Con #3 Complicated Purchase Agreement
3:40 - Reputable Developers
#losangelesrealestate #buyahome #firsttimebuyer #newconstruction #newlybuilt #buyahome #californiarealestate #homebuyingtip #newdevelopment #kbhomes #lennarhomes #tollbrothers