Re: new house/apt vs used
For an investment, you want to buy from the person that is going to give you the best deal, be it old lady or developer. In my experience, FSBO sellers can be quite stubborn and irrational, while developers simply look at the numbers and make a decision.
Now, there are times when a market will slow to the point that builders MUST move their inventory fast. Often these properties will go to auction with a break-even reserve price. Here you can find great deals.
If you want the house for yourself, I'd say forget about the deal and try to get the house that best fits your needs and is the most affordable.
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