Quote:
Originally Posted by JoMar
Just curious.....what is different in the T's and C's for a discounted property and a non discounted property?
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Good question. I bought a spec home from the Developer that was "discounted". The discount was based on the premium charged for an oversize lot and that was 50% of the premium. The only condition I noted in the contract that differed from the norm was a condition relative to the closing date and time. Were we not able to close on a specified date and time the discount would not apply. Inasmuch as the closing was scheduled for 9:00AM on a Monday we chose to get here the night prior.
At the time I was a licensed real estate broker (not Realtor) and did not expect nor demand much explanation from the Developer's sales person.
As a former broker I have attended many closings. None went any where near as smooth, efficient and stress free as that one.