Tips to buy a new home or old home

Make the first decisions about whether to buy new house or existing home.Here are some things you'll want  decide which route to take.

Existing homes offer many considerations for potential homebuyers, including:

• Neighborhood
  Many people have large number of neighborhoods for the sense of community that has been established.


• Maintenance
  If you're going to hire  an existing home, be sure that you have a good handle on the working status of all major systems. Take home inspector to check out the house. As appliances and systems age they naturally require repair and replacement.


• Improvement
  If you have only small repairs around the house, then an existing home would be a cup of tea.


• Features
  When you buy an existing home, don't buy things such as blinds for the window, a security system, or a landscaped back yard.


• Remodel
  Buyers may prefer an older home in a particular location which can bemodernized or expanded.Use the existing home as a base to build a unique property.


• Price
  Existing homes tend to be less expensive than new one. Existing homes are comes complete with items which may represent blinds, landscaping, built-ins, etc.


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


• Home Taxes
  Depending on your state, you will likely have lower property tax rates. Many older households aren't required to pay local bonds associated with new development, such as schools, parks, or road or transportation improvements.