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You've decided that you want to look at new homes. So you grab the Sunday paper with its handy reference map, jump into your car and start driving around the city looking at the lots and complexes, right? WRONG!!!
This is a common mistake that could cost you thousands of dollars and a lot of peace of mind! Unless you are a contractor in the Twin Cities, it is unlikely that you will have the resources to research the builders that we do. New homes or existing construction, you should always have your own agent - in most cases, you don't pay any commission for our services! But you must first take your own agent with you on your first visit to a new home sales office, or you may not be able to choose an agent of your own at a later time.
Keep in mind - real estate is our life. We know the ins and outs of new construction - what to watch for, what questions to ask, and how to best accomplish what you want to accomplish so that in the end, your home is just as you wanted it to be.
We even offer a special incentive to our new construction clients - follow the builder's procedures to allow us to represent you in the transaction, and we will make a financial contribution toward your closing costs at closing!!
With all these reasons to use your own Realtor, why would you choose to go the biggest project of your life alone? That's just silly!
- We know each builder's quality. Not only do we see those beautiful professionally decorated models, we know whose workmanship lasts through time. Through reputation and personal experience, we will do our best to help you choose the right builder. We will help you access all the resources available to do your homework.
- We know which builders are the most cooperative when it comes to making changes on your new home.
- We know who has the best customer service if there is a problem. Even new construction can have minor defects which will remain undiscovered until you've lived in the home a while. A builder who comes in and makes these corrections promptly is priceless!
- If there are any special buyer incentives we will know about them first! The builders actually advertise to real estate agents because they want us to show you their homes. But if you come into the development by yourself, they have no need to offer you an incentive. The agents sitting in the model work for the builder. They won't mention any special promotions if they don't have to, and they don't represent you!
- We will look over all contracts before you sign them and make sure there are no "red flags" in them.
- We will help you obtain the best financing. Quite often the new home builders will offer an incentive of $500 to $5,000 if you use "their" lender. Depending on the interest rate charged and other "garbage fees" put into the loan, this may or may not be lower than what you may find elsewhere. We will help you get the complete picture, analyze your options and make the best choice for your situation.
- We will assist you with lot selection. Location is crucial and we know how to pick the best lots.
- We will recommend professional home inspectors to check out the structure before we close escrow, and we will be there to do your final walk-through with the builder. We know what is acceptable workmanship and what is not.
And you get all this help for free! The builder is willing to allow you to have your own agent. But if you go it alone, the builder most likely will refuse to allow you to bring back your own agent later. So resist the impulse to "shop" without us, we're there to help you and we can save you money when you are buying a new home!
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