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With the market picking back up, there is a resurgence in new home communities across the country. If you're in the market for a home, you may be asking yourself the question, new home, or old home? Each home variety-pre-existing and new construction-has its own set of pros and cons. Below, Michael Litzner, Broker of Century 21 American Homes takes us through a variety of things to consider when selecting a home that best fits your needs. Old "One of the biggest reasons people buy older homes is because they have a lot of character," explains Litzner. They are unique, and have quirks (crown molding, built-in shelves, well preserved hardwood) that are easy to fall in love with. There is also an abundance of different types of old homes to choose from, and each will be unlike the other, as opposed to newly constructed homes, which can stick to a "cookie cutter" format. Additionally, an already established home comes in an esta...
Whether you're purchasing your first home or your third home, there are several mistakes that can cause serious trouble with your purchase. Avoid the following missteps to help smooth the searching and buying process.
1. Not using an agent
Many people try to cut costs when looking for a new home. However, a real estate agent is a professional, skilled at searching and price negotiating. They also have access to the MLS, and know the area you're trying to buy in. "The money you spend on hiring an agent will come back to you, both in the form of a more pleasant buying experience, and in landing a better price," says Michael Litzner, Broker of Century 21 American Homes.
2. Not getting a property inspection
"It's vital that you insist on having your future home inspected by a prof...
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