Re: Purchase of a new home
When we purchased in July 2005 it was a sellers market and the developer gave people 15 minutes to decide if they wanted a place or not. You also had to give them $2500 the same day. We did not have to have the 20% until the closing date and that would depend on if you were taking a mortgage or paying cash.
Later in 2005 the market started to stall and now the developer is offering some amazing deals to people who are buying NEW designer and premier homes. Haven't heard about any deals on ranch, courtyard or patio homes.
You are likely to hear the same from anyone who came down here in Apring and Summer of 2005. Once the market stalled the deals changed drastically.
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Fran Gyomory
The Bronx, NY; Kailua, HI; Dale City, VA; Fredericksburg, VA; The Villages, FL
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