Buying in Today's Minnesota Real Estate Market

Have you heard the good news?! IT'S A BUYER'S MARKET! Now is the time to buy.

An exciting and rewarding situation has developed recently, the Minnesota real estate market is saturated with homes for sale. Although, this may not be good news for sellers, it is great news for buyers.

Interest rates are still low, so now is the best time to buy your favorite existing home below market value. Are you interested in a new luxury development? You may be able to receive a huge rebate. What about your favorite Minnesota condo, or townhome? Perhaps you are the investor type and would like to buy property, fix it up and rent it out? Why not? Have you seen what Minnesota bank owned (REO), and foreclosure homes are for sale in your community?

As you begin to think about buying a home, you're probably acutely aware that this is likely to be your greatest investment ever (short of children or a good marriage), and you might be wondering if there's anything you really need to know as you go into this process. This is where your RNI professionals come in!

What you really need to know before you start - the home buying process explained: Buying Process

With the help of a trained agent, you can come out on top of a closing that might otherwise have pushed your retirement ahead a decade! This happens all the time to buyers, who are left reflecting on the relatively small commission that would have brought a Realtor into the bargain to help them.

New homes for sale hit the market daily. As your representative, we'll be in regular contact with sellers and other real estate agents to ensure you see all the newest listings right away, whether or not they're made public. Often, our clients can put in offers with little or no competition and walk away with an impressive deal on the property of their choice. Your agent will also make sure you see only the properties that meet your needs and investment preferences, so that you don't spend time on listings that aren't of interest. As you compare the best deals, we'll provide you with important information about the home, its neighborhood, zoning issues, utilities, and nearby plans for development.

Minnesota Home Warranty Program

Realty Network, Inc. Home Services has partnered with First American Corporation, a leading home warranty provider, to offer unique home warranty programs as well as coordinate professional home inspections. Buyers - Move in with assurance knowing your home is covered. Sellers - Having a home warranty as an additional feature will give you a competitive edge over other homes on the market.

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Home Warranty Factoids:

A home warranty company offers home warranty products to repair or replace appliances, electrical, plumbing, heating, and air conditioning systems on residential properties. If a home develops a mechanical problem during the first year of ownership, a home warranty will likely cover the cost of correcting covered problems, preventing lawsuits against the seller and/or agent.

Failure of mechanical systems must be the result of normal wear and tear, and not abuse or misuse.

Optional coverage may include pool equipment, water softening systems, and well mechanicals.