Talk of The Villages Florida - View Single Post - 10% down right away, but $42k in discounts out the window if 30 day closing is late.
Thread: 10% down right away, but $42k in discounts out the window if 30 day closing is late.
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Old 11-01-2016, 03:15 PM
LitespeedRider LitespeedRider is offline
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Quote:
Originally Posted by Bonny View Post
What if it's 2 days ? That starts becoming a problem. The terms are spelled out. Sign the papers, you agree to the terms.
I wouldn't call it greed. If I was selling my house and I said 30 days, I want my money in 30 days.
This isn't you, and "they" are not a private seller so - you are not comparing apples to apples. It is not like "their" new mortgage on "their" new house is dependent on "their" money being available on day 30. They are selling primarily new (vacant) homes to their first owners...no fire drill needed.

I wonder of the extra fee's are in any way added to a commission at what ever percentage of the gross profit they get.....