Buying New - they control process tightly
We just bought a new unit and experienced the rigid process/contract language described above.
No negotiation on price, buyer has steep penalties if closing is delayed, etc. Yes, you could lose the 20% down they collect in 10 days from sale.
That is why i financed with Citizens rather than my back home lender. They have a great way of steering business to their mortagage company.
The good news is everything got done and we closed on time.
|