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[quote=Anonymous][quote=Anonymous][quote=Anonymous]It's a personal reason but I'd be too nervous to buy a brand new home because I'd be worried about escalating costs and not catching the builder taking short cuts.  For example, my friend had a house built and the basics that the house came with only included two cable outlets for the whole house.  There were a few other examples he told me about of things that one would expect to come standard with a house that were not and that he had to pay extra for.  Also, you have to make sure you visit the house every day to make sure the builders aren't taking shortcuts.
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Not being an educated buyer is not the same as worrying about the quality of new construction.

[b]I am sure the builder would have clarified the number of cable outlets if he asked.  'expecting' things to come standard is just silly.  [/b]

We have owned three new homes - when we bought the second one, I had 20 pages of sketches and clarifications because we thought through the details and wanted to be sure we knew what we were getting.

There are things that you need to be concerned about when you buy a new home, and there are things you need to be concerned about when you buy an old home.

It is one of your largest investments - you should treat it that way.  Leave no stone un-turned.  
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I never said it was the same thing.  OP asked for benefits and drawbacks of new vs. existing construction.  On the bolded part, that's great but you have to know to ask the questions and someone with less experience may not know to ask the questions or may not catch the builder cutting corners.  I think there's less questions you have to worry about with an existing home and I think it's easier to visualize what you want when you're looking at the house as compared to floor plan.  
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