Advantages and recommendations for buying a used property

March 24, 2022

74 Facebook Twitter Whatsapp Facebook Twitter LinkedIn Pinterest WhatsApp Copy Link Your browser does not support automatic copying, please select and copy the link in the text box, then paste it where you need it.
Master ImageIf you want to buy a house or invest in your own property, you often ask yourself what is best for you: buying a used house or a new one. To make this decision, you need to consider various aspects and advantages that each of the two models offers. In this article, we will explain in more detail the advantages and recommendations for buying a used property.

What are the advantages of buying a used home?

Although buying a new home is an option that many of us have thought about, buying a used home is much more common and attractive. We will explain why here:

  • Location: used homes are usually located in urban areas, strategically located within the city, close to shopping, parks, access roads and public transportation, as well as various areas of interest. This urban development in the area where the used home is located results in commercial appreciation.
  • Delivery times: This is one of the biggest advantages, because since it is not a new house, you do not have to wait for legalization and the purchase contract; or in the case of an off-plan property, a construction phase that lasts for months. Since the property is already built and usually unoccupied and available, the transfer of the property can take place immediately after the completion of the purchase and the deal. However, you must take into account that sometimes the purchase process takes a few days , and you have to wait until it is completed.
  • The price: sometimes the price per square meter is cheaper than new houses, which translates into a more spacious property for the same price as a new house, but with less square meters. In this sense, you can buy used houses with much more space. By not buying new, you save money that you can invest in remodeling your property.
  • Alternatives: although new homes or housing projects are becoming more common, there is still a wider selection of used homes for sale. With so many alternatives to choose from, you can search for used homes that fit your needs and budget.

  • Master ImageAt Cross Country Realty, we help you find and buy the best used or new home for you or your needs. Find our real estate listings for sale or tent on our website. But before you decide to buy a used home, we provide these recommendations to help you better understand the process:

    Define your needs: Before you decide to buy a property or a house, you must be clear about what you are looking for, what your needs are and what your budget is for this type of investment, because this is not a decision that can be taken lightly. Determine if you are looking for and want a home for yourself or as an investment.

    Look for information about the market: you can start this search on the Internet, search and research about the sectors where you want to buy a used home, look for information that will give you clarity about the behavior and news in the real estate sector, about the types of homes that best suit your needs. In addition, our brokers can help you eliminate any doubts you may have about your process and guide you through each step.

    Search for the property: if you already know what type of property you are looking for and why you are looking for it, you can start your search on the Internet, in real estate search engines, our website offers a wide range of options. Once you have found the houses that interest you, we will accompany you to visit them and see the premises.

    Prepare the budget: If you want to apply for a home loan, you must have clear information about your income, your expenses, the value of the house you want to buy and your ability to pay. Get advice and apply for the option that best suits your needs.

    Once you have the necessary budget, you can buy the property you want. Remember that when you buy a home you will have to take on another tax, the property tax, which must be paid once a year.

    At Cross Country Realty, we have a team of trained professionals who will advise and guide you through the process of buying or renting your home. Contact us at 800.CCR.3606 and let us advise you personally.

    74 Facebook Twitter Whatsapp Facebook Twitter LinkedIn Pinterest WhatsApp Copy Link Your browser does not support automatic copying, please select and copy the link in the text box, then paste it where you need it.
    Chat Agent Image
    Online Agent
    Chat Now