Monday, March 5, 2007

Preconstruction?



Hello All,

I just wanted to devote much of this day to blogging about real estate, because as a first time buyer, I can really use all the help I can get. I was hoping that today I could glean some advice from more experienced property owners. So if you come across this post, please share your stories!

While surfing the internet this morning, I came across an interesting site with information about preconstruction--the site itself is for an investor group specializing in preconstruction real estate. They are currently promoting a free e-book on the subject.

I'm interested in your own stories, because although I don't personally know much about preconstruction, I have a friend who recently locked in an interest rate and started paying on a townhouse in a community that is still being developed. It sounds like her experience is going well so far, but I've read that sometimes the developer is nearing the end of their term and just wants to save money, so they scrimp on the last few homes and really rip off their buyers. Did this ever happen to any of you? I think that preconstruction can be a good investment--but like all investments, there are inherent risks.

Either way, just make sure you make a well-informed decision when it comes to preconstruction properties. One of the best ways you can do that is to check out the preconstruction e-book that offers information about group buying concepts that will maximize your benefits and reduce your risks.

Thank you for reading, this has been a sponsored post.
Tanya

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