Quote:
Originally Posted by linda_sears
Resales are a much better deal.!
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Not necessarly so. By definition a used house has be used. Everything in a home has a useful life and suffers some degree of wear every day. As compared to a new home the buyer of a "previously owned home" should try to be cognizant of the age and conditions of the physical plant and equipment in order to properly evaluate the relative value of the property. New homes carry contractual warranties and guarantees that have significant value in the event of unforseen issues. Resales can be a better deal if you understand the risks involved and evaluate them carefully.