All charges to the buyer are clearly explained when buying a pre-owned home in The Villages. However, if you were to consider buying new, you would eventually discover hidden charges to the buyer. Here's an example. On a $250,000 newly constructed home, the buyer is responsible for paying approximately $1950 for Title Insurance and another $1750 for DOC Stamps. Right from the start, there is a considerable amount of savings through buying a pre-owned home.
There are no hidden costs involved when buying a pre-owned home.
Did you know that home buyers who purchase newly constructed homes are charged interest rates ranging between 4.25% & 7.625% on their bonds?
Did you know that the bonds sold have varied in length? Some are 10 year bonds, some are 13 year bonds, some are 20 year bonds and some are even 30 year bonds.
There is a LOWER bond balance or NO bond at all.
It is very common for those who have purchased newly constructed homes to add landscaping to their property. Many feel that their landscaping acquired through their purchase of a newly constructed home, is scant and they tend to want more such as palm trees, flowers, bushes, curbing and pavers. These charges can quickly add up and could become very expensive. Current owners of Pre-owned homes commonly have already added these features to their property.
Landscaping has matured. This means LOWER COSTS FOR YOU.
Carpeting that might have been installed in a newly constructed home is often upgraded following its purchase. Carpeting is also often changed to ceramic tile or laminate flooring. Fans, tubular skylights, lighting, painted walls and much more have been installed, thus improving the appearance of the property.
Interior Improvements by previous owners mean LOWER COSTS FOR YOU.