How to Reduce the Price of New Homes for Sale
Most people looking for a new place to live believe buying a new home for sale is more expensive than purchasing a pre-owned house. While on the outset that may seem true, there are steps that you can take to not only save on the upfront cost, but over time, as well. When looking for homes for sale, Cullers Homes is ready to help.
Buying a New Home for Sale on a Budget
The first thing you need to do is sit down and determine how much house you can afford. This takes into account every cent you will need to make a down payment and all closing costs, as well as what you will need to pay the movers. It also means determining how much of a mortgage you can handle. Once you have figured out what you can afford, go to your bank and other lending institutions and apply for pre-approval. There is nothing worse than finding a dream home, whether previously lived in or a new home for sale, and watching someone else buy it because you did not have a lending institution.
Concentrate on the Design of the New Homes for Sale
If you have your heart set on a new home for sale, but do not think you can find one in your price range, many builders will work with you to make your new home for sale a reality. You just have to make the decision on how much house you need and consider that with what you can afford.
Often, smaller is better when it comes to new homes for sale. However, that does not mean that you need to live in a shoe box. It means that you have to decide if you need the dining room and the eat-in kitchen or determining if you need the family room and the living room. If you cannot part with any of the floor plan, or if that does not bring the price down enough, look at other parts of the home that can be downgraded. This includes finding flooring and fixtures that are just as nice, but are less expensive because they are not made from marble and are not 14 karat gold-plated.
Look at Your Savings Over Time When Looking at New Homes for Sale
While your energy bill at your current house may be high, the new air conditioner, along with the new thermostat and window coverings, as well as the insulation and upgraded EnergyStar appliances, stand to save you a ton of cash in the long run. What you save in utility costs can go toward a higher mortgage and more of what you want in your house. Plus you save on purchasing service plans, at least upfront, because a new home for sale usually comes with a warranty and new appliances break down less than old ones.
If you are interested in purchasing a new home for sale in the El Paso area, contact Cullers Homes. They will get you into you moved in while exceeding your expectations every step of the way.
