|Historically, home values grow in the long run||VS.||No equity|
|Tax deductions benefits are available for mortgage interest and certain state and local taxes||VS.||No tax deductions|
|Home Ownership is the American Dream||VS.||Very limited ability to personalize|
|Home Ownership can offer a stable home setting||VS.||May lack stability due to lesser non-renewal of lease or rent increase|
|In many areas, monthly expense of owning may be less than renting||VS.||If lease is not renewed, moving and apartment hunting can be time consuming, expensive, and frustrating|
|Owning a home can be a great inflation hedge||VS.||If inflation occurs, rental rates may go up substantially|
|Mortgage Interest rates are near historically low level and can be locked in for 30 years||VS.||Rental rates are rarely locked in for extended periods of time|
|Constructed to most recent building, wind, and energy codes; may lead to homeowner's insurance savings||VS.||May incur high energy bills and lack resistance to high winds|
|Never lived in prior to your purchase||VS.||Usually, do not know what has occurred in house previously|
|You are able to choose from a number of modern, material selections and options||VS.||Your only option is what someone else is selling and may be outdated style|
|New home smell||VS.||Unknown odors|
|Locally administered Builder Warranty and various Manufacturer Warranties are included in purchase price.||VS.||No warranty or limited warranty from a company that is distant from situation. This can lead to large unexpected, out-of-pocket expenses|
|Includes many of the latest material improvement and technologies||VS.||Depends on age but usually older, dated technology and materials|
|Modern, up-to-date floor plan layouts that reflect our most recent market research||VS.||Often floor plans that are obsolete or less modern|
|Many mortgage financing options||VS.||May have limited financing options due to condition of house|
|Timing of closing often very predictable and closing process is streamlined||VS.||Timing of closing may be very unpredictable; especially, with ‘short sales’ and bank owned properties|
|Seller (Adams Homes) is an establish business in the community||VS.||Seller is often someone you will never hear from again|
|Low maintenance and repair requirements||VS.||With age comes more maintenance (depreciation)|
1) Previous owner neglect and damage: Often owners that are in foreclosure do not properly maintain the house and may even intentionally damage or ‘strip’ the house before vacating.
2) Mold: Be cautious of mold issues, especially in humid climates. Often, previous owners or banks will not keep electrical power on and therefore, the air conditioning will not be running; this may lead to mold issues.
3) ‘As Is’ contracts: Banks will usually sell properties with an ‘As Is’ contract which will usually provide for no recourse for the buyer even when title defects arise. This could include the possibility of an inappropriate foreclosure (example: ‘robo-signing’), which may lead to a title issue.
4) Regret: In search of a ‘good deal,’ don’t settle for a home you will later regret. Often, the difference in price translates to only a small amount in your monthly mortgage payment, say $75/month.
Why Buy Adams?
|Structural quality ‘behind the walls.’ Well above minimum standards.|
|Competitive pricing on an ‘Apples-to-Apples’ basis|
|Purchase process and home features that are straightforward and free of ‘bait and switch’ tactics.|
|Home prices include permit/impact fees, home site prep, surveying, and home site|
|Desirable community and location|
|$1,000 Deposit with no construction loan needed|
|Closing Costs paid when using an approved lender|
|Multiple approved lenders to choose from; creating a competitive atmosphere, which benefits the buyer|
|Participates with your real estate agent at no cost to you|
|More than 20 Year track record for building quality new homes|
|Privately-held, owner-operated, locally managed home builder with a solid financial footing|
|Written warranty with up to 10 years of coverage and third party guarantee for additional assurance|
|State Licensed, on-site sales associates|
|Large variety of home plans to choose from|
|Home Orientation and zero defect policy|
|Numerous Included Custom Features as demonstrated by our Sales Associate Team Members|
Please visit one of our community web pages to obtain community specific information and contact a Sales Associate by selecting a location from the links below.