Buying a used car can be risky. Buying a "used" home on the other hand can have its advantages. While there are pros and cons for both resale and new sale homes, many people see the appeal in buying a resale home. Now you can find out why!
To start off, when you buy a resale home, you don't have to visualize the final product. You get what you see!
Many resale homes are sold in more established neighbourhoods. The older the house is, the more time the community has to evolve. You will more likely find recreational facilities, transportation links, support services, schools, shopping centers, etc. You also don't have to deal with all the construction of a new neighbourhood.
Some believe you get a better value when buying a resale home because many houses come with appliances, updated floors and window converings, light fixtures, etc. You also don't have the head ache of having to get a paved driveway, fences, landscaping, etc.
The risks of dealing with hidden defects is slimmer, because home inspections are required.