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, 06:14 PM
VApeople VApeople is offline
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Originally Posted by TOTV Newbie View Post
Has this happened to anyone? Seems like a lot of money on the line and if the bank misses the quick close date, I lose my $42k in discounts. Does this really happen or do they try to work with you?
Usually the discounts are 4%, so if your discount is $42K then you must be building a really nice house.