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Originally Posted by 2 Oldcrabs
Many preowned offer an insurance co "warranty", or you can make one part of your offer. When looking for a home in TV you need to look at all potential cost. The "bond and Maintenance fees" on new homes are quite high compared to preowned. You may want added extras that may already be done in preowned. In preowned you need to look at the "wear factor" of the home. How old is the roof, HVAC, hot water heater and appliances. IMHO rent a home style you think you want for at least 3 months and go to every open house you can (new & preowned) . Get to know "the lay of the land".
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Excellent advice. And look at new, already built too. We found a resale house we really liked in a village we really liked, but they didn't come down to what we could buy it new for...until after we contracted on this house. It was on the market for well over a year. I found a lot of houses that had design elements I didn't like mixed in with updates I loved. I just didn't feel like tearing out carpets or removing wallpaper and changing out light fixtures as we had just done that to get out house updated back in Ohio.
In the last four or five years the homes seem to come with much better light fixtures than they did say, seven, eight years ago. I also wanted a home with no gas lines because of the danger of lightning.