Quote:
Originally Posted by rubicon
I believe a benefit for buying pre-owned is that the area is well settled and there are no surprises as to what is going to show up in your back yard or down the block. Also any fault design ought to have been worked out and corrected However, I would hire my own inspector to determine possible/hidden faults...an inspector who is very familiar with homes in TV . I would not buy a pre-owned home though without a warranty of the HVAC and water tank. and if the home was 10 years or older I would negotiate the appliances. I would not assume a bond. I would also check with my insurance carrier to determine if sink hole coverage could be purchased.
You do not have that kind of leverage when buying a new home here as the Properties of The Villages are very inflexible and those of us who bought in and around 2006 still feel the sting of it
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Absolutely correct posting.
I would also add in that a resale home is negotiable in price! New homes do NOT have negotiable prices. If the seller is motivated, you can usually get several thousand dollars off the listing price.