We had purchased a fully furnished model home for our first purchase. Closing was much quicker of course. I would assume similar to buying a pre-owned home. Setting up the documents of the purchase, the estimated cost of the furniture is backed out of the purchase price, then when setting up your mortgage amount, it is put back in which would be a part of the amount you would borrow. Also, backing out the furniture is important because, if you wanted to sell your home and the cost of the furniture was left in, then the furniture has to be sold with the home.
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