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Updated about 5 years ago on . Most recent reply

User Stats

70
Posts
7
Votes
Bryan Tasumi
  • Hayward, CA
7
Votes |
70
Posts

Are buying new construction homes always good deals?

Bryan Tasumi
  • Hayward, CA
Posted

Are buying new construction homes (for sale but not yet been built) always good deals? Is there anything you should watch out for? 

I am trying to find information on buying under-construction homes online and in real estate books but cannot seem to find them anywhere. Can someone point me to a good source (online, print or on video/YouTube)?

Thank you so much!

Most Popular Reply

User Stats

73
Posts
58
Votes
Jon Ree
  • Investor
  • Philadelphia, PA
58
Votes |
73
Posts
Jon Ree
  • Investor
  • Philadelphia, PA
Replied

I think people pay a premium for new homes, much like cars. Once you drive them off the lot, you lose value. If you are looking for something to force equity, it's not likely a new build.

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