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Informative Articles

7 Big Reasons To Invest In Pre-Foreclosures
Looking for an "in" to real estate investing? Working a nine to five job swapping time for money can be incredibly dispiriting. After the futility of it all hits home, it's all you can do to limit the number of home business opportunities you...

How To Become A Successful Real Estate Developer
Real estate investment and development has never been a more popular pastime or career changing challenge; if you would like to learn seven secrets for consistently successful real estate investing through development or you would like to know how...

Is Housing Too Expensive?
The face of America's population is changing by the day. With the onset of many lower-income jobs and the flux of workers in the job force who are making the federal minimum wage, the financial situation of the country's population has been...

Make A Fortune With No Money Down! Really??
They're sold on late-night TV, hawked at seminars, they sell in books, and, admit it, you've wondered about them--those programs that tell you that you can make a fortune investing in real estate with no money down. Is it true? The answer is, yes,...

Never Hire Anyone Dumber Than You Are!
In a previous life I was a Navy Pilot. Great life, great people to be around. People who were all doing great things around the world flying off great big aircraft carriers. In an environment that complex and dangerous, you need to have teams of...

Ohio Real Estate – Large Cities And Little Farms
Ohio is a unique state where large cities like Cleveland and Cincinnati sit next to rural farms. Ohio real estate prices mirror this diversity. Ohio Ohio was a mainstay in the industrial revolution in the United States. Cities such as...

Real Estate Management Firms: Make Your Investment Easier
For those who want to invest in real estate, the biggest factor working against it is the substantial investment in time. Running a property can run you ragged - you have to fix it up, manage the tenants, look for new tenants, and generally do all...

Real Estate Options: The Best Kept Money Making Secret
Real estate investing is currently a very hot topic because of the increasing property values and the number of investors who are looking for a safer alternative to the stock market. In the last 10 years, stock investors lost trillions of...

Remodeling For Resale Value
Home owners who remodel their homes or make improvements to their property naturally hope to recoup any costs when it comes time to refinance or put their home up for sale. However, when it comes to financing and the real estate market, some...

The Basics Of Real Estate Investing
Real estate investments may not be everyone’s cup of tea, but some people who have already tried investing in real estate know that it can be profitable. Real estate investment experts say there are several keys to making significant profits in real...

Was That House A Good Investment? The Answer May Not Be So Obvious
I get asked all the time about housing as an investment, and as I talk with people it is amazing how differently people look at it. Forget investment property for the moment and consider how we should evaluate the investment performance of our own...

 
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

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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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