Should You Buy New Construction or Resale | Pros and Cons of New Construction 

Stepping into the market as a homebuyer can be daunting, and you may be wondering should you buy new construction or resale?
It's important to understand that not all builders are created equal, and that every builder may offer completely different things when it comes to a new home. So let's take a look at some of the pros and cons of new construction, so that you have a better perspective of what you may want out of a new home.
*For this video, I'm referencing Tract Home or National Builders, not custom builders.
00:02 - New construction Pros: builder incentives and lower interest rates
01:58 - New construction homes offer incentives and warranties with minimal maintenance
03:47 - Submit repair requests before the 12-month window closes
05:43 - Customizing options in new home construction
07:39 - Shop around for lenders to compare costs and incentives
09:32 - New construction offers little room for negotiation with builders
11:23 - On-site agents work for builders, representing their best interest
13:15 - Choosing a desirable lot has cost implications
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