Buying a new home is a big decision, and Chesapeake Homes understands that the variety of information available about buying new may be confusing or overwhelming. From buying steps to money saving factors, Chesapeake Homes unveils the most common five myths about buying a new home for those who are considering to buy new and/or are unsure of the new home buying truths.
Myth No. 1: The first step is looking for a house.
Whether you are looking just to get an idea of the area or select models that you like for a future conversation with an agent, choosing a home is not the first step to looking for a house. This can often create a sense of overwhelming with the magnitude of new homes available in all shapes and sizes. An important factor is being left out, as well : budget. The first step in buying a new home should be determining your budget – this means contacting a mortgage lender to determine your price range. Chesapeake Homes wants to make this process as easy as possible for you; our preferred lender, Tidewater Mortgage Services, Inc. will work to determine exactly how much home you can afford.
Myth No. 2: You don’t need an agent.
With so many resources available on the internet, many believe working with real estate agents is no longer needed. Yes, there are a great deal of resources online, but a large purchase such as buying a new home is an instance where a real estate professional should be involved. Chesapeake Homes’ New Home Specialists are specifically trained with knowledge about the unique amenities and qualities of our homes. Use our agent expertise to translate your needs and wants into a home buying experience you will truly cherish.
Myth No. 3: Neighborhoods don’t matter if you don’t have children.
It’s a common misconception that the area is not nearly as important as the house if you are single or without children. We understand that the home is important, but the aspects outside of your home are just as important as what is inside the home. The community that you choose matters from the time of purchase to the years of enjoyment to come. School systems, community amenities, or work commute are all important factors when buying a new home. Choose a new home in an area that is best for your everyday needs.
Myth No. 4: You’ll save time and money buying an older home.
HGTV and DIY trends have given a false understanding of buying an older home. Older homes have a variety of older issues ranging from insect infestations to collapsing foundations. Once you experience getting though these issues, new issues such as outdated floorplans or layouts and styles create additional costs for remodeling. These problems can range from months to years to be fixed, taking time and money away from you. Buying a new home will save you money overall in the long run with no need for renovations or having to update to aid with energy efficiency. Modern designs and layouts, insulation advancements, and technological advancements throughout a new home are already built -in with no need for improvements. Walk into a home that is ready for your arrival and built to last you a lifetime.
Myth No. 5: Building a new home is stressful.
Building a new home is not meant to be stressful. The building process should be an exciting, stress-free time where your design preferences, lifestyle needs, and overall desires in a home are analyzed and translated into a newly-built home. This process is made easy by Chesapeake Homes with design galleries, new home buying resources, and a team of extremely knowledgeable professionals ready to guide and educate you throughout the process. Think “exciting” rather than “stressful” when building a new home; see how Chesapeake Homes does it here.
Ready to get started? Contact Stephanie, our Online Sales Consultant, to start your new home buying process today!