Why Not to Buy New
When looking at what’s left of your property, whether your home has survived or not, can be tough. You may be feeling like starting over fresh. But there are important factors to note that should dissuade you from doing so.
- You will still have to determine the cost of repairs, or rebuilding your home. This is the amount you will get from your insurance company to purchase a new home.
- You will still be relying on the insurance company. Legally, you are entitled to purchase a new home but the effort may not be worth the results.
- Restoration is much more affordable than purchasing a new home and property.
If you are looking to cut corners, buying new is not the way to do it.