REALTOR® Magazine-Condo Buyers Beware

Buyers, Builders and Realtors Beware!!! There are a few extra steps that need to be taken when considering a purchase of a residence or condo with an association. You need to make sure these associations are using good practices before purchase or face being denied financing at approval time. Click the following link and make sure your agent or builder is checking these things out as well.
REALTOR® Magazine-Daily News-Condo Purchases Require Extra Steps

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Craig Fairbanks
Owner/Broker/Builder
Build Buy or Sell Homes.com

Parade of Homes 2009/ Condo Explosion

One of the events that people in the area look forward to is the Home Builders Cedar Valley Parade of Homes. Again this year there are an abundance of homes to view (17) and this year we have included remodeling that showcases what our remodeling contractors can do with your existing home. Lots of home owners are choosing to update and make significant changes and add additions rather than embarking on the new location required in the building of a new home.

We appreciate the public participation in the CV Parade of Homes as it funds scholarships for students seeking a career in the building trades. We need those new people to be retained and trained for our future needs in the housing industry. These will be the new innovators in our business and the builder of our future homes.

Also this year we have some condo units on display as that housing option is becoming more and more sought after. I personally have seen a huge shift in what buyers are looking for. Condo inquiries or stand alone condo units come in at more than 2 to 1 vs custom home building. Its our aging population and more so in the Cedar Valley. Did you know that the age of our head of household in the 45+ age range is 60%, not surprising that condos are becoming more popular.

That is why we have been building the stand alone Villa Condo homes where you have an an association to just get the lawn work done and snow removal. By working with more home owners the cost for this service per home is less. We will be coming our with some new twin homes or zero lot line units to further improve on a new price range that buyers are seeking. These units will start at $199,000 for an over 1600 square foot home that is univerally designed with a large double garage lots of storage and a screened in porch. 3 and 4 season rooms will be available as options as well.

Look forward for the details as they come available. Check out our Villa Home Page.

Stop back and check out our blog or website for more details. Also great discounts as much as 50% on Geothermal heating systems in new homes.

Craig Fairbanks
Owner