When people decide which house to select for the rent to own homes, they can choose a preowned or brand new house. Many think buying a preowned house will give them fewer financial problems. But they forget that an old house is weak in structure, which can be dangerous.
12 Reasons to Buy Brand New Rent to Own Homes
One important disadvantage of buying an older house is its weak structure which can be dangerous for the safety of the inhabitants. The people who bought a new house have given the following reasons.
The Actual House is Like the Model Shown
Many times the pictures of a house on various websites don’t match the actual property. But when you decide on new homes, the house matches the model shown and the pictures on the websites.
Option of Making Customized Changes
When home builders show buyers the floor plans of a new house, the buyers are given the choice of changes in the design of the house. But a preowned house has very limited options for renovation.
Application of Loan with a Bad Credit Score
Some house buyers have a bad credit score of five hundred, but they must apply for a loan. It is the best idea to apply for the rent to own home loan. The main reason is that the lender accepts a bad credit score because this can increase when the mortgage is regularly paid during the renting period.
The Latest Building Techniques are Used
Today the builders know the latest building techniques and have the tools and equipment to complete the house in less time and with perfection. This will ensure that the house is built safely.
Saving an Amount on Instant Repairs and Maintenance
When you shift into a pre-owned house, one of the major expenses you must bear is repairing and maintaining the house. But when you purchase a new rent to own house in Perth, you don’t have to worry about immediate repairs and maintenance.
Provides Good Resale Value
Another reason you will get when buying a new house, according to property experts like Stop Renting Perth, is that these houses have a good resale value. People prefer to buy houses that have been built five years earlier.
Move into a Cleaner Rent to Own Properties
A great thing about new homes is that they are cleaner than the preowned ones because they are newly constructed. Sometimes the builders hire cleaning companies; so that the buyers can shift into a clean and fresh house.
Renovation can be Avoided Initially
It has been mentioned earlier that the new homes can be customized according to the buyers’ desires. In this way, the time and money are less spent on initial renovations.
Installation of Energy Efficient Appliances
A problem with old homes is that it is often difficult to install energy-efficient appliances. Or if this happens, then it will be extremely expensive. But builders create the design of the house in such a way that installing appliances is the easiest.
Warranty on House is Longer
The warranty on a newly constructed house can be as long as thirty years. This will also ensure that more buyers will be attracted.
Availability of Amenities
When a new town is planned, the builders ensure that important amenities are available because this will attract more buyers.
Mortgage Installments Make Buying Easy
The last reason you should choose rent to own homes is that you can make mortgage installments during the renting period. This makes the house payment easy and you can buy a new house.
When you are planning to buy a house, these reasons will help you select a new rent to own.
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