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Buy A Renovated Home

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Buying a Home

When Buying a Home, Renovated Homes Are A Great Value

Buying a home is a big decision and getting the most value for the amount of home you can afford is important. Everyone likes the look and smell of a new home but they come with a premium price. And they often are not available at the first time buyer price level. 

Existing homes on the other hand come in in all sizes and price ranges. For a much more affordable price you have the chance to have a new kitchen, new baths and flooring. Often the updates include moving walls to create a more contemporary floor-plan. Many come with extra baths and a newly build owners suite.

As always, get a home inspection and be sure the renovations were done with the proper permits. Montgomery County a Work Permit Web Site for this. Also make sure the electrical system was upgraded. This will make sure you have a safe home and no problems when you go to sell it later. Talk to your buyer agent about this.

In addition to new amenities you can also get more space for your money. Often the renovation comes with an addition as part of the package. Bigger yards can be had as well.

As always, talk to a lender first to see how much loan you can get. There is nothing more disappointing when buying a home then finding a home  you like and not qualifying  for the loan.

Enjoy your buying a home search. Watch our video above to get started. Then go to our web site for a great public search engine




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About The Author
Doug Kenny

Solutions Based Real Estate ServicesInitially starting as a real estate appraiser, I'm now a 20 year real estate sales veteran and associate broker at Remax. In real estate, what matters is getting a home or investment property sold in as short a time as possible. On the buying side of real estate, finding a home or investment real estate property that meets the need of the client is the key. We work very closely with all of our real estate clients to assure a positive result. This includes weekly communication and real estate status reports. Doug works in Montgomery County Md at Remax Pros. He can be reached at 301-351-1187 or at Broker Office phone number: 301-916-1400

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