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Home Buying in 55311 : Real Estate Advice

  • All15
  • Local Info3
  • Home Buying4
  • Home Selling1
  • Market Conditions0

Activity 4
Mon Dec 24, 2012
Rick Thram answered:

Most builders will give general completion dates due to situations outside their control (weather, etc). What to watch out for in the purchase agreement is way too open to answer in this forum, but feel free to call...the earnest money is generally cashed within a few days of the agreement, and regular inspections and a final inspection will help you to know that the builder has performed as promised.

Call me for more help! 952-451-2900
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Tue May 27, 2014
Ron Thomas answered:
We are Realtor, we are not Insurance salesmen;
conversely, we do not get a kick-back for referring an Insurance Company.
We have all, including as Realtors, had good experiences and bad experiences with Insurance Companies.
I doubt they we are better qualified to judge them any better than you are.

When someone asks us, the most common answer is to talk to your Automobile Insurance company; most of them have discounts for bundling the coverage. This saves you money.

If you are looking for recommendations based on how they pay out CLAIMS, I would suggest you look at Consumer Reports, or some such publication.
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Wed Mar 26, 2014
Jake Scheeler answered:
Make sure to pay special attention to the structural (roof, foundation, walls) and heating and cooling, electrical, plumbing systems. Any good inspector will be able to identify issues pertaining to these and give you info on what to repair/replace and what red flags may exist that you as a buyer could negotiate with the seller. Asking questions related to these items will show that you know what the most important aspects of the home's condition and value are.

Most inspectors with whom I've dealt are very good at explaining things in plain language so that you don't really need to worry about lingo and jargon. This is an exciting time, so don't stress're doing the right thing by hiring a professional inspector and you are almost to the finish! Congratulations on your purchase!
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Wed Aug 5, 2015
Bob Weaver answered:
The best advantage an all cash Buyer has is in the Strength of their offer you may find yourself at the head of the line. All things being equal any "prequalified" Buyer is likely to have his offer considered equally with and all-cash Buyer. If you are trying to undercut a Seller by coming in "all cash" the likehood of "coming in last" is high. ... more
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