Ask a buyer what kind of South Beach homes they're looking for,and you may come across those who don't mind buying a home that was previously owned and inhabited and those who refuse to purchase nothing less than a newly built home where the appliances and tubs remain untouched. In the case of the latter, there are a few things you may want to consider.
Buying new South Beach homes means you've got the builder's warranty and the chances of a necessary repair are virtually nonexistent. Because of the slow market, builders also have an increased tendency to throw in extra perks that can include anything from membership to a country club to an upgraded kitchen or finished basement.
With advantages there also comes the disadvantages and the biggest one is that newly built South Beach homes generally carry a higher price tag. In these scenarios, builders are more inclined to cover the closing costs as a means of offsetting the price than they would be to actually negotiate on lowering the asking price. Also remember that new homes still have to deal with the glut of foreclosures so an increase value requires a deeper commitment towards keeping the house.
