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Old 09-16-2007, 03:26 PM
REDCART REDCART is offline
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Default Re: Purchase of a new home

Renee, We purchased in Nov. 2005, so of course it's possible that things have changed since but it's unlikely! When we expressed interest in buying, we put our name on a waiting list, and gave the sales rep a $2500 check to hold. (In hindsight We could have used a credit card for this payment.) That $2500 was considered "earnest" money. Once we committed to a particular home, we had ten days to come up with a 10 percent downpayment, which had all of the normal contingency clauses. The closing was scheduled for 30 days later. TV was completely honest and truthful about all disclosures, however exorbitant-- but we had the normal scepticism. I'd be very surprised that a rogue sales agent would jeopardize his and TV's reputation. They don't need to be deceitful or aggressive and high sales pressure, the place sells itself. ---George