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Finding Buyers for your Pre-construction Investment
Finding great deals in the pre-construction market is easy - many developers will even bus you in from out of state to show you the latest hot property and attract your investment. The hard part, once you've signed on, is finding the next buyer. For a pre-construction investment to work, someone has to want to live in the property once it's finished. As the initial buyer it's part of your job to find that market.
This second wave of buyers, also known as follow-on buyers, can often be divided into several categories: local; investor; second home buyer; and retirement buyer. Since pre-construction projects are almost always condos, these buyers are a little easier to target, but to understand them it's important to look at each group individually.
Local buyers typically find your condo in the newspaper, or from area real estate agents. They are usually looking for a year-round home, and are typically selling or planning on selling their other one.
Investors are always looking for an opportunity to grow their money, and commonly find pre-construction deals online, through investment groups, or through brokers. These buyers are well-networked, and can often put you in touch with a larger community of buyers.
Second home buyers can be local residents, or they might come from out of state or another country to purchase your condo. They typically look for new homes in magazines, mail-out brochures, home shows, or while traveling through your area.
Retirement buyers are most often similar to second home buyers, but are more likely to be networked to other retirement buyers, and can help bring in multiple sales.
It's important to know the developer's marketing plan when you look at a pre-construction deal, to gauge whether each group is targeted effectively. If you can think like the second wave buyer when buying and marketing your pre-construction property, you'll be more likely to close the deal with a solid return on your investment.
About the Author
YourRaliegh.com is the website for all your Raleigh real estate needs. The site was developed by experienced local real estate professionals, and offers area information, a guide to local activities and services, and tools to help you enter the Raleigh real estate market.
ford troubleshoot?
My 96 F 150 over heated on me on my way to work. It has 270,000 miles. Engine was rebuilt about 10,000 miles ago. I've tried two new thermostats, new water pump, new radiator, new coolant temp sensor. When the engine runs for a few minutes the oil pressure gauge climbs nearly to the H, as the temp gauge rises. The temp gauge climbs to H and bounces back and forth to normal, it shows hi temp before any heat from the heater. The heat starts to work good and the gauge continues to go hi and normal. Oil pres. gauge remains hi with little fluxuation. I haven't tried to drive it more than a couple miles but engine doesnt seem to act like it is overheated (outside temp is about 10 degrees). No coolant in oil or unusual amount of white smoke from exaust,Thought maybe head gasket blown. not sure what to try next. If anyone has any suggestions I would appreitate it. THANK YOU
My best suggestion is to take off your radiator cap off and run the engine and add water to the radiator while the engine is running and if no coolant is going back into your coolant resiviour, then check your engine temp it should go down. If not then check your engine for any little small spots where there might be coolant sometimes little small tubes for collant will leak and it'll act like your engine is overheating...
Auto Gauge Oil temp and press StepMaster / Stepper Motor



