Compass Mortgage - Why Buy an Existing NH Home?

Good Reasons to Buy an Existing Home

Buying a home is both a logical and emotional decision for most people. Whether to buy new or used will continue to be a topic of discussion as long as there are homes to sell.

Here's why you should consider buying an existing home:

Existing features
When you buy an existing home, you usually don'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 smaller lots 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....

Before making an offer on a home, consider getting pre-approved: it’s the fastest way to get answers to these questions:

How much can I afford?
How much cash do I need?:
How much will my monthly payment be?

You learn how to structure your offer to minimize your cash requirement. Everybody should get pre-approved. It only takes a few minutes and it’s free. Simply answer a few questions and you'll soon be on your way to homeownership!

If you have a question about the pre-approval process, call Charley Farley at (603) 471-9300 or e-mail charley.farley@weloannh.com.

Compass Mortgage Inc. - 172 Route 101 - Bedford, NH 03110-5416
Office Phone: (603) 471-9300 Fax: (603) 472-8811 Toll Free Phone: (877) 211-5300

Homebuying Made Easy®

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