New or Used—Which Kind if Home Should You Purchase?

new vs used home

Purchasing a home is a big decision, and one that will have a substantial impact on your day-to-day life and your budget for years to come. Making a decision about what type of home to buy is very personal, but considering the benefits and drawbacks of each option can help you make a choice that suits your needs.
The Pros and Cons of Buying a Used Home
Buying a used home comes with pros and cons.
Pros include:

• Used homes are usually in established neighborhoods. This means you’ll know what kind of school district you’ll live in and what kind of reputation the area has. Established neighborhoods are also usually in a more central location than new homes which means it can be easier to run to the grocery store or drop off your dry cleaning.
• Used homes are often less expensive than newly built homes of the same size.
• Used homes often have more unique architecture and design elements.
Cons include:

• Used homes have experienced more wear and tear, so they usually require more maintenance and repairs.
• Used homes may have been built when codes weren’t as strict, which means they might not be as well insulated or as sturdy as newer homes.
• There are often fewer homes for sale in very popular established neighborhoods. In some cases this can drive up prices and make it harder for you to get your offer excepted.
The Pros and Cons of Buying a New Home
Consider the following when looking at new homes:

Pros:

• New homes are cleaner, since no one else has lived in them before.
• New homes usually require less maintenance and repair since nothing has been worn out due to years of use.
• New homes are often more energy efficient, which can save you money on monthly utilities.
• You usually have more choices when shopping for new homes, which can make it easier to find the floor plan, and size of home you want.
• New homes have modern design and are often integrated with modern technology.

Cons:

• New homes are often built in developments that are far away from central locations.
• New homes in new neighborhoods mean that there is more change in the area. There could be frequent construction nearby and it will be hard to know what the neighborhood dynamic will be.
• New homes are usually more expensive than used homes.
• New homes are often in areas with Homeowners Associations, which can mean expensive fees.
• New homes often have a similar design to all the other homes in the development, making them less unique.
Which Type Of Home Is Right For You?
There are good reasons to choose a new home or a used home. It is important to consider your lifestyle, your budget, and your priorities when deciding which type of home to purchase. Remember that insurance will vary based on the type of home you choose and the neighborhood that it is in. Visit Heuer Insurance about protecting your new purchase with a homeowners policy.

How To Know Its Time For A New Vehicle

broken car

Replacing your trusty old vehicle can be a difficult decision to make, but at some point, it becomes necessary. If one of the following scenarios applies to you, it is time to consider investing in a new car.

 
Your Current Vehicle Is No Longer Safe
There are many things that could result in your vehicle becoming unsafe. Perhaps it has just worn out after years of faithful service, or perhaps it has been irreparably damaged by an accident. Whatever the case, it is essential to replace your vehicle if it is no longer safe to drive.

 
Your Current Vehicle Is Expensive To Drive Or Maintain
If your current vehicle is getting too expensive to maintain or drive, it may be time to consider a replacement. If your car is inefficient and it is getting more and more difficult to pay the increasing cost of gas, you may want to trade it in for a newer, more efficient model. Older vehicles can also become very expensive to maintain. In some cases older cars break down more and more often and in other cases it can become too hard to find replacement parts. Maintaining your vehicle is important to staying safe on the road—if maintenance has become too difficult, it is time for a new car.

 
Your Current Vehicle No Longer Suits Your Lifestyle
Life brings many changes, and in some cases, this means it is time to change your vehicle as well. Maybe you’ve had a new baby and you need a bigger vehicle, or maybe all your kids have grown up and moved out and you’d like to find a new, more efficient replacement. When your life and needs change, it is time to get a vehicle that suits those changes. Be sure to consider auto insurance policies when choosing your new car, some cars can be much more expensive to insure than others, so you should make sure you pick a car that you can afford to insure. If you need help making a decision, contact an insurance agent before you buy a new vehicle.