Thursday, December 21, 2006

Good Reasons to Buy an Existing Home

Yesterday, I discussed good reasons to buy a new home. Today, I'll cover why you should consider buying an existing home:


  • Existing features When you buy an existing home, you usuallydon't have to worry about buying the extras, such as blinds for the windows, a security system, an irrigation system, or a landscaped backyard.

  • Land In many areas, new homes may be built on smallerlots than older properties.

  • Established neighborhoods You know who your neighbors are before you move in.

  • Mature landscaping Less maintenance will be required than when nurturing new plantings.

  • Cost savings New homes cost more in labor and material costs.

  • Track record When you purchase an existing home, you know how much the property has appreciated over the years.

  • More room for negotiation Builders have a number of costs to recoup when developing a new community. You may have more flexibility with a motivated seller.


Ultimately, what you decide to buy is an individual choice. Whether you buy new construction or a pre-owned property, it's hard to go wrong. In the end, it's all the same: you've bought a home that is to your liking....

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