Plan #2 ... ProjectTCO
A game changer for buyers of newly built (or newly renovated) homes
New homes today come in many different flavors ... some are small, some are large, some are built for first time buyers, some are built for retirees, some are built to be only as good as they have to be (we refer to these homes as "code built") and some are built to be much, much better than they have to be (we call these homes Sustainable, High Performance, Third Party Certified, HERS Rated, Energy Star , Passive Haus, LEED) ... the list goes on and on. The bottom line is that while these "better than code built homes" usually may sell for a few dollars more ... they also typically cost much, much less to own, operate and maintain.
So how does a prospective homebuyer determine which house to purchase ... enter ProjectTCO.
ProjectTCO, a proprietary set of custom developed software based financial tools, empowers the prospective home buyer by using a Total Cost of Ownership (TCO) model to compare & contrast the short term, the mid term and the long term cost of owning a home. It elevates the financial side of the home buying decision from one based on price a simple analysis of down payment, interest rate and monthly payment ... to one based on the sum of the costs associated with homeownership (including price, down payment, loan type, loan term, annual utility expenses, annual water bills, monthly/annual committing expenses, maintenance expenses, mortgage interest rate, PMI structure, property taxes, homeowners insurance and HOA expenses).
As a added bonus ... the TCO based software will simultaneously evaluate up to four different homes, with four different prices, with four different performance profiles, at one time, so a prospective home buyer can make an informed decision.
more ...
So how does a prospective homebuyer determine which house to purchase ... enter ProjectTCO.
ProjectTCO, a proprietary set of custom developed software based financial tools, empowers the prospective home buyer by using a Total Cost of Ownership (TCO) model to compare & contrast the short term, the mid term and the long term cost of owning a home. It elevates the financial side of the home buying decision from one based on price a simple analysis of down payment, interest rate and monthly payment ... to one based on the sum of the costs associated with homeownership (including price, down payment, loan type, loan term, annual utility expenses, annual water bills, monthly/annual committing expenses, maintenance expenses, mortgage interest rate, PMI structure, property taxes, homeowners insurance and HOA expenses).
As a added bonus ... the TCO based software will simultaneously evaluate up to four different homes, with four different prices, with four different performance profiles, at one time, so a prospective home buyer can make an informed decision.
more ...
