Quote:
Originally Posted by getdul981
Jerry - I could be wrong, (but I don't think so) but I think I read somewhere that the pre-owned homes are not much cheaper than the new. The reason is, although some or all of the bond has been paid, the owner just adds that into the selling price of the home, unlike the developer.
|
BUT the preowned homes have already gone through the expense of upgrading anything and everything and have the yard landscaped, etc. If you look at the price of a specific model of a new home vs THAT SAME MODEL of a preowned home and then add in what it would cost for the upgrades and landscaping, you are adding a significant amount. And depending on where you buy the preowned home, you are probably saving on the bond.
Each option has its plus and minuses. There is a lot to consider.
Personally I think a resale on the north side or in a five mile radius of LSL on the south side is a good deal. But that is just me.