We just finished up a very nice foreclosure for a couple from New York, so lets have a quick overview of the amazing deal they got through Pennsylvania Foreclosure Professionals.

The home was bigger than what they expected to be able to afford but it came in under their budget and that is one of the biggest advantages to these foreclosure projects.

Another happy couple who got an incredible deal turning a foreclosure into a dream come true!

These are real numbers from an actual job…. hard costs to compare new against existing homes.

A 2900+ square foot existing home on a full basement with 4 bedrooms, 2.5 baths in a gated community….everything that most buyers want all wrapped up into one beautiful home. After an independent, third party inspection, the final proposed purchase price for the home was $127,950. For a 2900+ square foot home… That is an amazing deal!

There used to be a huge advantage to new construction when it came to location because so much good land was still available. That advantage has shrunk right along with the inventory of good, available building lots.

Think of all the gas you could buy with an extra $40,000 to $50,000 in your pocket!

Everyone is concerned with oil and gas prices and we should be. The rise in oil and gas causes a nasty chain reaction that creates a rise in all products including those needed to build houses. Everything from the shingles, the flooring, the siding, etc…. they all use petroleum in their manufacturing and they are all delivered in trucks that use gas. Higher oil and gas prices… higher costs to build a home.

As a new home builder, I’ve always been partial to building a new home for a client rather than exploring existing homes found on the real estate market. In the past there were many advantages to a newly built home but times have changed and I have changed with them.