In today’s economy, home buyers are looking for the better deal and a lot of people tend to think that buying a foreclosed home is the best deal because of the price tag, but buying a home is a lot more than just the price. In an effort to educate new home buyers on the realities of purchasing a foreclosed home, Bowen Family Homes has added a new Web page that lists questions buyers should ask themselves prior to purchasing a foreclosed home as well as the benefits of purchasing a new home. If you are deciding between a new home and a foreclosed home, visit http://www.bowenfamilyhomes.com/buy-new-home/new-homes-vs-foreclosures.
Buying a foreclosed home can be very appealing because of the inexpensive price, but in reality the price may be the only positive. Here are some questions and some things to consider before purchasing a foreclosed home:
• Do you have a lot of time to search for a home?
• Are you a risk taker?
• Are you prepared to submit multiple 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?
The biggest problem with purchasing a foreclosed home is the time it takes to actually purchase the home and the risk of purchasing “as is.” The buyer may still decide to buy a foreclosed home, but here are some benefits of purchasing a new home that the buyer should consider prior to making their decision:
• 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 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 closed on your foreclosed home
The benefits of purchasing a new home at Bowen Family Homes are endless. Purchasing a home is the largest investment and asset of a person’s life. By purchasing a new Bowen Family home the buyer is purchasing peace of mind for them and their family. Bowen Family Homes has more than 20 metro Atlanta new home communities located in the most sought-after locations including Gwinnett County, Cobb County, Forsyth County, Cherokee County and Fulton County. Do not just purchase the “better deal,” purchase the right home for your family. Call 1-877 MY BOWEN or email mybowen@bowenfamilyhomes.com today to learn more about Bowen Family Homes’ move-in ready homes.
Since 1969 the Bowen name has stood for excellence in new home construction and community development. Recognized as the 39th largest privately owned builder in the country by Builder Magazine for 2008, Bowen Family Homes is a dynamic homebuilder with operations in Georgia, Florida and Texas. The Atlanta Business Chronicle ranked Bowen Family Homes 5th among metro Atlanta builders in 2007 and 40th among Atlanta’s Top 100 Private Companies for 2007. Additionally, Bowen Family Homes was named the Georgia Family Business of the Year for medium sized companies by Georgia Trend and the Cox Family Enterprise Center at Kennesaw State University in 2006. Bowen Family Homes was ranked 66th on the 2008 Professional Builder Housing Giants list. These successes have been achieved by simply offering the best new home value in all price ranges. Earlier this year Bowen Family Homes launched their social media marketing plan with a new company blog, www.bowenfamilyhomesblog.com and presence on several social media outlets such as Twitter, Facebook and YouTube. For more information about Bowen Family Homes, please call their Atlanta region headquarters at 678-325-4554 or 1-877- MY BOWEN or visit online at www.bowenfamilyhomes.com.