Saturday, April 18, 2009

Buyer's Paradise

If you've ever thought about purchasing a home in Celebration, the panhandle or elsewhere, now is a great time to take advantage of some awesome deals! Keep in mind, foreclosures and short sales can offer some great savings, but sometimes they are not your best value. Those who purchased homes before the bubble, and are selling in the current market, are also having to sell at discounted prices, because of the market conditions. Often times these homes are better cared for and a better value, than some of their competitors. However, you still can't beat a good buyer's agent to look at the individual properties, surrounding comp's and the location and condition of the home. Price should never be the only factor in determining a good deal or long term value. Example, given a 10-20K price range for a car, 10K for a Honda may be a good deal, but a Porch for 20K, could be a better deal and hold it's value longer, even though the initial price is higher. The same is true of homes.

The difference between a buyer's agent and a transaction broker, which is your regular agent, unless you sign an agreement stating that of a buyer's agent, is that a transaction broker is working for both the listing agent and you. However a buyer's agent is your exclusive representative, with full fiduciary responsibilities and has NO interest in the listed property whatsoever! If you had a choice, and you do, which would you choose?

Whether buying a vacation, second home or primary residence, you owe it to yourself to get the best representation possible. Don't settle for anything less!

Beautiful downtown Celebration

No comments: