New Homes vs. Foreclosures

In this economy it is easy for new home buyers to be attracted to a foreclosure because of the amazing price tag, but sometimes the price is the only positive when it comes to purchasing a foreclosure. Don’t get us wrong, an amazing price is an important part when it comes to purchasing a new home, but in order to give new home buyers a better understanding of purchasing a foreclosure vs. a new home, we have added a new Web page to our site. The page lists questions that buyers should consider before purchasing a foreclosure as well as the benefits of purchasing a new home at Bowen Family Homes.

Some of the questions that buyers should ask themseleves prior to purchasing a foreclosure are:

• Do you have a lot of time to search for a new home?
• Are you a risk taker?
• Are you prepared to submit mutiple offers on foreclosed properties and waste valuable time in your home search?
• Do you have the extra money to fix up a foreclosed home?
• Do you want the piece of mind of a home warranty or do you feel comfortable buying “as is” and taking your chances?
• Are you prepared to deal with liens on your home that are not free and clear?

Buying a foreclosed home can mean a lot of time, money and uncertainty, but if you are still unsure if  purchasing a new home is the best deal for you, here are some benefits of purchasing a new Atlanta home from Bowen Family Homes:

• You are the first homeowner! You don’t have to worry about how the previous homeowners treated the home prior to losing it to the bank.
• Quick response to buyer’s offer by builder.
• Built and inspected to current state and local regulations.
• “As you want it”…not “as is.”
• One Year Builders workmanship and and materials warranty, plus two year mechanical plus 10 year structural warranty.
• Closing on time - no waiting on the bank to decide if and when you will close on your foreclosed home.

With affordable prices, the benefits of purchasing a new home at Bowen Family Homes are endless. A foreclosed home may look like the “better deal” on the outside, but make sure to take a closer look and make sure you are purchasing the right home, not just the cheapest home. With more than 20 metro Atlanta communities and spacious home designs, Atlanta new home buyers are sure to find the perfect home for them and their family. For more information on our available homes, call 1-877 MY BOWEN or email mybowen@bowenfamilyhomes.com.