Wednesday 7 December 2011

Buy New Homes

What to Look for When Buying a First Home

Buying your first home is a big step; you may be unsure of the process, and what type of home will be the wisest choice for you. Many people start out by looking in the local real estate listings – but there are also other options available. Let’s take a look at a few:

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One of the options is to buy an existing home. This is easy if you have limited amount of time. You can find some really great options out there but, for many an “ideal home” will not be easily available this way. Either the home will not be in your desired location, or not built according to your requirements, or might not be at the affordable price. Some homes might require huge renovations that might turn out to be as costly and stressful as building a new home.

To design and build your home from scratch can be a huge task but, quite worthwhile if all goes according to the plan. The first thing to do is to select an appropriate piece of land. Next, you will arrange for the finances or a mortgage with your investment bank. Once that is done, you will need to hire an architect to design an appropriate sketch of the house that not only meets your requirements but also that of the land on which it is to be constructed.

You will then need to organise the build, including selecting a building company or tradespeople, and sign the appropriate contracts. You will also need to arrange building and resource consent, and then the construction can begin.

Once the build is complete, you will need to apply for Code of Compliance Certificates, and tie up any loose ends. Then when the house is complete, you can consider landscaping and furnishing your home. If it sounds like a lot of work, it is! When designing and building your own home, you will need to ensure you take your time and get good advice, as a lot of your time and money will be invested into the property – so you want to make sure you get it right!

When you buy a kitset home, you get the best of both worlds – you can choose a design and format to suit you, and build it in the right area of the city. But because it is a kitset home, a lot of the designing, building and consent process is taken care of for you. You also have the opportunity to get a good idea of what your house will look like once it is built, so you will know you are making the right decision. There are plenty of companies that offer quality and affordable kitset homes throughout the country, so you will easily find a company that can provide what you need.

If you are considering buying your first home, the best way is to explore all options before taking the right decision. As this can be a huge investment of time and money, a wise choice is essential in order to get the house of your dreams.

Article Source: http://article.theblogshed.com/

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