The Patrick O'Connor Team

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3 Benefits To Buying A New Home

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Here are three benefits to buying a new home.

  1. Little to no competition when going under contract. If you're willing to go under contract at the beginning stages of construction and wait for the home to be completed, you're less likely to have to compete with multiple buyers.

  2. Builders will take all types of loans. When buying a resell, it can be hard to compete in this market if you're not a cash or conventional buyer, but that's not the case with new construction.

  3. Home values are increasing so rapidly in our market there's a good chance that you could step into equity when it's time to close.

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