So you’re beginning to search for Bend Oregon Home for Sale but can’t decide if you should buy a new or resale Home. No problem!
In this article we will break down new vs. used homes and help you decide which home is right for you.
Why Buy A New Home?
Let’s face it, one of the first reasons why you should consider buying one of the many new Bend Oregon Homes for sale is that a new home hasn’t been lived in by anyone else.
With a new home you literally have an opportunity to leave your “stamp” on the home without buying a home which needs repairs, renovations or has “excess baggage” from the previous owners.
Besides not having to deal with the poor choices or decisions of the previous owner, you also can have confidence that everything in the new home in Bend Oregon is brand new.
You won’t have to concern yourself with making any major repairs or renovations to the home since it will covered under the builders warranty or your homeowners insurance.
Although there are many positive points about buying a new home in Bend there are some takeaways to consider including the following:
- Many new homes are in neighborhoods which are under construction so you won’t really know who your neighbors are.
- New homes are finished when you move in so you really won’t want to do any remodeling work.
- When you buy a new Bend Oregon home you won’t have much room for negotiation, or have the ability to submit a lower, offer since there won’t be much work needed after you move into your home.
Why Buy A Resale Bend Oregon Home?
If you’re searching for a Bend Oregon Home For Sale and are serious about buying a home that you can renovate and leave your own “stamp” on then maybe a resale home is for you especially for these reasons:
- Resale homes are in established neighborhoods so you will know who your neighbors are.
- Used homes will many times have more unique features and character than newer homes.
- Buying a resale home means you will be able to do some renovation to create the home you will really love.
Before Buying Bend Real Estate Do This
- Pay down your credit cards and old debts so you can lower your debt-to-income ratio.
- Review your credit reports and credit score to make sure that the 3 credit bureaus (Equifax, Transunion and Experian) are reporting accurate information about you.
- Save at least 20 percent for a down payment on a home. This step is important because, it will also lower your debt-to-income ratio as well.
- Know what you’re searching for in Bend Real Estate (Example: bedrooms, bathrooms and square footage).
Search for Bend Oregon Homes for Sale
To learn more about homes for sale in Bend and Central Oregon contact me, Jason Boone, Principal Broker with Duke Warner Realty | Skjersaa Group by calling me at (541) 383-1426 or by CLICKING HERE to email me.