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Benefits of Buying a Pre-Existing Home

Benefits of Buying a Pre-existing Home

When you are trying to find a place to buy in Grand Junction, you might be wondering whether you should buy preexisting resale homes or whether you should buy land and build your own home. Both have their merits, but for many people buying a resale home is simply the easier option. In fact, buying a preexisting home has a number of benefits.

First, you will have a number of choices, since there is a great availability of resale homes. Additionally, if you are looking to move soon, it’s far faster to get into one of these properties than it is to build from the ground up.

Second, when you are buying a preexisting property, you have more room for negotiation. Sellers want to sell, so they may be willing to take slightly less for the property. When you are working with contractors, you really do not have as much room for negotiation.

Third, you can look up records of the house, and you will be aware of any issues when you buy the property.

Of course, even though resale homes have a number of benefits, you do have to realize that they have some drawbacks as well. Because they are older, they will generally require more maintenance. They are not always quite as energy efficient either, although this depends on the previous owners and the upgrades made to the home.

No matter what you decide to buy, always make sure you have your home in Grand Junction inspected by a professional before you make an offer. Get the facts about the home and then decide whether it will actually be worth it for you to buy or not. Talk with realtors in the area about your different options with the houses on the market and see if you can find a resale home that has all the features you want.

Resource: http://www.zillow.com/home-buying-guide/buying-a-new-home/

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