Friday, July 04, 2008

Buying a Model Home, part 2

Earlier this week, I mentioned that it is possible to buy the model home in a housing complex. If you decide to go this route to get a better deal, make sure you look out for your best interests. At best, a model home has been built with the best of everything. At worst, a model is sloppily built since it is intended for show.

If you buy a model home, you should:
Ask for credits. Since it is used, you’ll want to get as many credits as you can. You may need to request new paint, flooring or carpets because people have been trooping through the model for months.

Get an inspection. Make sure the structure is indeed sound. Be certain that the builders did not cut any corners in constructing this home.

Verify the warranty. Find out what kind of coverage you have before you agree to purchase.

Get it in writing. Like any other home purchase, you'll want to get all agreements in writing. And you want to make sure that everything is included down to the finest details.

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