Showing posts with label Home Buyer Tips. Show all posts
Showing posts with label Home Buyer Tips. Show all posts

Three Mistakes To Avoid When Buying New Construction in the Twin Cities

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Buying a newly-constructed home is a wonderful opportunity. You can get a custom-built home, and you can sell it for a very nice profit. However, there are three common mistakes that I see buyers making all the time, and today I'm going to warn you about them.

Always get representation when you speak to a builder about buying a property. Builders are notorious for preying on buyers who don't have a real estate agent working with them, and they often pay the price for it.

Do your research on the builder and the neighborhood. Also look into the neighborhood that you're moving into and take note of any developments or improvements that may be taking shape.


Read the fine print on the agreement, and then reread it. Don't sign anything until you fully understand it, and I'd also recommend getting a lawyer to read it over. I've seen buyers get themselves into trouble this way.

If you need any help buying new construction in the Twin Cities, please don't hesitate to contact my team. We look forward to speaking with you!

How to Make an Offer That a Seller Cannot Resist


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Want to buy a Twin Cities Home? Search all homes for sale

If you've been searching for a home in the Twin Cities lately you've probably noticed that inventory is low, and competition with homes is fierce. This is great for sellers, but a challenge for buyers. Luckily I am going to show you a few ways to improve your standing with sellers.
  1. Know what the home is actually worth. We run an equity evaluation for our buyers to ensure that they never overpay for a home. Paying more for a home than it's really worth is not a good strategy to win an offer on a home.
  2. Put a deadline on the offer. Set a timetable for when the seller has to respond to your offer. This makes you look like a serious buyer and it makes the seller feel as if they have something to lose out on if they don't get back to you.

We have another strategy that has a 100% success rate, but please send us an email if you're interested in learning about it. We're not comfortable sharing it online because it gives you such a competitive advantage over other buyers.

So, if you're looking for a home in the Twin Cities this spring, please be sure to contact us. We have really great strategies that will allow you to beat out the competition.