Buying a new home…

Published by Steve Wong on August 30, 2010

Is a little bit like buying a second hand car.  Generally, you would do things such as checking the body work for rust, dents and any other damage.  You would check under the bonnet and have someone such as a mechanic check the engine.  You don’t usually buy it because you like the colour

Suprisingly, some people take more care when buying a new car than they do when buying a new home, even though all of the literature rambles on about the purchase of a new home as “being one of the biggest investments you will make in your lifetime”

It is important to spend the time and expense to check out your new home so that you know what you have purchased, otherwise it’s buyer beware.

Whilst the standard Agreement for Sale and Purchase for the house includes certain seller’s warranties it is usually too late, or too expensive, to enforce the Agreement once you have settled your purchase and paid your money over.

Forearmed is forewarned.

To Be Continued………..

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