Don't Assume Anything When House Hunting!
Is the best deal always existing sales, REO or Short Sales?
Bank owned properties and traditional sale home prices have increased substantially. Often times you'll find new construction offers the better deal when factoring everything, such as a 1-2-10 warranty, energy efficiencies and green features, builder paid closing costs, appliances and other upgrades...BTW, everything is modern design and brand new.
When factoring all of the extras with new construction compared to existing homes, you can begin to see that REO/Bank owned homes may actually be more expensive than new. Does the house need a new roof, kitchen, bathrooms or HVAC??
Know the real costs.
Kelly Johnson: Broker Associate; Realtor
AmeriTeam Realty: Lake Nona area & Downtown Orlando