Coldwell Banker Burnet
The actives I looked at, the owners were losing money, big money. Your realtor should tell you what they paid, easily determined.
Hennepin Village has several types of properties and models. Each one has to be compared with comparable sales. I am not saying do not buy, I am saying be careful. If you might have to move in a couple of years. you might lose some money. TH's are often overbuilt and the last to appreciate. Less risk in single family. When depreciation replaced appreciation, new rules, main one, you have to stay longer. The agent put the problem perfectly, TH's are a transition, not a good idea if you have to move in two years, you will lose money. On this Q& A forum, people have bought Lofts and condos since 2006, want to move, they can't
because they owe more than it's worth. Do a lot of lifestle planning before you make your buy. You will lose a lot more than the $8,000 tax credit with the wrong buy.
This was a question I dealt with on a daily basis when I worked for Ryland Homes in Hennepin Village. If you are still in the marked please give me a call. Hennepin village actually had a relatively small percentage of people moving out before the community was complete. I found that even the townhouse owners wanted to stay because they liked the community so much. Typically the townhouse owners are a transition buyer and donâ€™t stay all that long. You have to take into consideration that it is a large community and will therefore have more people moving in and out at any given
If you want additional information or have friends or family who are interested in this community, I would be glad to assist you.
Dwell Realty Partners
Others like to get a great value, so we compare homes carefully. When you have an experienced agent working for you, you will be able to consider and compare all aspects of the transaction: price, value, costs of acquiring financing, costs of the total transaction, what seller pays on your behalf vs. what you have to bring to the table, etc.
If you are looking for an experienced agent with strong negotiation skills, call me.
Counselor Realty, Inc.
Builders are offering some good incentives today so it could very well be that new construction is cheaper than "used." Just because a reselling homeowner is asking that much doesn't mean they'll get it.
If you have more questions of would like to go take a look at pre-owned and builder new homes, I'd be happy to assist. I live and practice real estate right here in Eden Prairie.
(612) 817-7907 Cell/Text