| New Home - REWARDS |
Foreclosed home - RISKS |
Design Choices
Available for you to upgrade and colorize yourself. Why live in a home that matched someone else's color scheme? Buying a new home gets you the latest in technology and design. |
Design Choices
None, you are purchasing the home AS-IS, so you are limited with the features of the home. If the home needs remodeling, that can be costly and time consuming. |
Warranty
No Surprises - Workmanship and materials are warranted protecting you from large repair bills. |
Warranty
None, in most homes previous owners did not keep the house maintained, therefore you could have costly repairs and large cleaning bills to get the home back in to a house that you could feel comfortable living in. |
Energy Efficient
Premier has been building more energy efficient homes, saving you money and helping the environment. |
Energy Efficient
Not sure, depending when the home was built. |
Convenient
Move when it is convenient for you and meets your moving time frame. Premier has homes available at several different stages in the construction process, giving you the opportunity to select your closing date. |
Convenient
Depending on the formal foreclosure proceedings, you may have to evict the tenant or owner to be able to occupy the property. If the seller is a bank, then you will have to work with them to commit to a closing date. |
Pricing
Some communities offer Special Incentives, making it more affordable to own a new home. |
Pricing
You will need to research the values in the area you are looking to purchase in. In some cases the banks are asking more than the properties are worth. You need to be well educated and prepared to enter into this market. |
Selection
Premier Communities has over 15 different neighborhoods along with a variety of floor plans giving you an opportunity to select the homesite that is just right for you. |
Selection
Your selection of neighborhoods and homes will be limited to what is being foreclosed on when you are looking. |
New homes are available for immediate occupancy and are protected by manufacturers warranties. Premier Communities offers convenient closing dates, special incentives and a great selection of homes and neighborhoods.
In the end, if you are not a risk taker and would prefer the peace of mind on this significant investment, now is a great time to buy a NEW home.
