Building a new house needs a lot of homework and effort. Not only this, but it’s also a time-consuming activity. One has to dedicate 12-18 months if they want to make a custom build house. Also, you have to keep track of the expense and activities during this period. If you are not experienced in construction or civil work then this task gets more difficult for you. To avoid all this hassle, it is preferable if one chooses for house and land package. Nowadays, people are opting for this option because it helps them in several ways
The topmost benefit you get in case of house and land package, that you will be getting single financing for both house and land. Otherwise, you have to arrange to finance for house and land separately, which raises the chances of rejection and also you will be paying double markup on both. As a single package, the financing on house and land becomes more feasible and easy to get by. When you will be financing a lump sum amount then you to pay single processing charges. As house and land packages will be offered by renowned and reputed builders, so the lenders will have trust that they are lending money to authentic customers.
Opting for the house and land packages doesn’t mean that you can’t tweak your house. Any builder provides this option to personalize your house as per your preferences. You can change the internal plan, layout or furnishing, as per your choice, but yes that will add up in total cost. You can even ask for the tiles or flooring of your choice. Even some people also select the fixtures as per their liking. So buying the house from the package doesn’t mean you will get a monotype house, it can be what you want it to be.
The house and land packages are launched in newly developed areas. So you will get the advantage of modern urban planning and locality will be equipped with all modern facilities. The houses which you will get will also be made in modern architecture sciences. House will be equipped with all the modern heating or cooling systems, the fixtures used will also be of modern designs.
Buying a second house is never satisfying, you have to go through massive renovation even before shifting in. Due to the aged structure and materials, the old house will require periodic maintenance. Buying house from the package will assure you that you will be getting new build the house, so you can have peace of mind for 4-5 years that this house will not ask for further money to maintain itself
Always try to play smart whenever you are buying your house. Always go for an option that can make your life easy in the longer run.