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First Steps In Real Estate Investing
With all the stories of people making tremendous amounts of money in real estate it's no wonder why so many are looking at real estate as an investment vehicle. It offers more security than the stock market, provides great potential returns, offers...
International Purchase - New Zealand Real Estate
So you have decided to purchase New Zealand real estate and move overseas. You scanned the world’s property journals and decided that this is your best international real estate investment, and that New Zealand is the place you want to turn into...
Kansas Real Estate – The Middle Of The Country
Located in the exact middle of the country, Kansas is an agricultural state where you can escape the rat race. Kansas real estate is inexpensive and plentiful.
Kansas
Kansas is about as Midwestern as it gets when you think of stereotypes....
Kentucky Real Estate – The Bluegrass State
From lush bluegrass to the music of the same name, Kentucky is undeniably the bluegrass state. Fortunately, Kentucky real estate prices won’t leave you blue.
Kentucky
When it comes to assumptions, leave yours at the door when considering...
The Ultimate Short Sale Secret
Buying foreclosures can be extremely profitable for real estate investors. However, most of these homeowners are mortgaged to the hilt. They have no equity, and big loan payments. In fact, many actually owe more than the property is worth!
Most...
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Buying A New Build? Get A Realtor!
One of the biggest mistakes people make when it comes to buying a new build is thinking that they don’t need their own realtor. This is mostly due to inaccurate myths and misinformation about real estate. Let me explain why.
Why do I need a Realtor?
I guess the question you need to ask yourself isn’t “why do I need a Realtor?” A better question is “why wouldn’t I get a Realtor?” Some people believe that if they don’t use a Realtor when purchasing new builds that they will receive a price reduction or a “better deal”. This just is not true. Usually the price of a new build is not negotiable so whether or not you have representation the price will most likely stay the same.
Why do I need Representation?
The key word here is representation. It is always a good idea to have someone working for you that has your best interest at heart when making the biggest investment that you might ever make. You will have someone working for you to look over the documents to ensure that everything is in order. Most importantly your realtor can keep up with the process of the purchase to ensure everything is moving along smoothly and that your best interest is being met, not the builders.
How much
will it cost me?
The best part of having a Realtor is that it’s FREE!! It should not cost you the buyer anything. Most new builds CO-OP to realtors and actually welcome Realtors. Remember that your Realtor needs to be with you to sign you in the first time visiting new build sites. If you go without your Realtor on the first visit, the builder will not pay their commission if you decide that you want one.
So, if you are in the market of purchasing a new build home, go out and get representation. You will have peace of mind knowing that a professional Realtor is looking out for your best interest. Remember that new build Realtors work for the builder but your Realtor is working for you. Thank you and good luck with your new home.
About the Author: Erica Wilson is a full service Realtor working with Merit Company Inc. and serving the Colorado Springs and Pikes Peak areas. You can search for Colorado Springs Real Estate at http://www.springscoloradorealestate.com.
Source: www.isnare.com
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