Should you buy or build a home – this is a question many home buyers are contemplating. According to Walter Molony of the National Association of Realtors, there is a big price difference between buying an existing home and building a new one. The main advantage to having a home built is that you can customize it, but financially, buying an existing home is often the better financial choice. Building a home is also an lengthy process that requires a lot of work on the part of the buyer What would be the advantages of buying an existing home?
There is nothing wrong with building your new home but be aware that is it is long process that can be a lot of work and end up costing a lot of money, it is not a decision that should be made lightly.
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