I came across this email last week and forgot to place in on A/R.

 This is a new spin to attracting potential buyers. 

Buy an Orchid Grove townhouse in Pompano Beach, and send your kid to college on the builder's dime.

Coscan Homes is trying to draw interest in its 32-acre development by offering to pay four years' tuition for any buyer's child or grandchild, from newborn to 11th grade. Coscan is using the Florida Pre-Paid College Plan and will spend between $10,000 and $12,000 a child.

The tuition incentive is one of the more unusual carrots dangled by desperate builders, who continue to be hammered by rising buyer cancellations and declines in new orders since South Florida's five-year housing boom ended this year.

Promotional efforts began late last year in less-robust markets nationwide but weren't common in this area until the spring, when home sales cooled considerably and it became clear there would be no quick rebound.

 

 

 

 

visit us @ www.babyboomersinflorida.com

 

8 Comments on Send your kid to college on the Builder.. The times are changing!

DEC
07
2006
370,011 Points 62 Featured Posts Outside Blog

I saw that at another location, too, Scott.  It escapes me at this moment.  It might have been a google news alert last week.

 

 

6:56am • #1
434,724 Points 70 Featured Posts Outside Blog

Chris,

What do you think is next? I`m dying reading this one..

7:00am • #2
1 Featured Post
I thought we have heard it all. Then this comes out.  LOL
7:05am • #3
370,011 Points 62 Featured Posts Outside Blog

Pre-paid assisted living?  Annual colonoscopy for life?  Free back hair removal?  The list is endless.

7:46am • #4
370,011 Points 62 Featured Posts Outside Blog
I'll be playing here all week folks, tip your waiter.
7:47am • #5
148,042 Points 7 Featured Posts Outside Blog

paying for your kids college on a 30yr amortization schedule doesnt make sense.

i wish builders would stop 'giving' stuff away.

 

8:58am • #6
434,724 Points 70 Featured Posts Outside Blog

Chris,

Is that your HubbY pictured above?:)

10:45am • #7
370,011 Points 62 Featured Posts Outside Blog
NO, I kind of threw the baby out with the bathwater on that one.  That back hair had to go and it was attached to his back when it was removed.  LOL
11:32am • #8

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Scott Daniels Florida Real Estate 2.0. Agents Earn 100% Commission.

Cooper City, FL

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Florida List For Less Realty, Inc. Broker/Owner.

Address: 9114 Griffin Road, Cooper City, Fl, 33328

Office Phone: (954) 874-3600

Cell Phone: (954) 275-0200

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Florida List For Less Realty,Inc. visit our web site @ www.listfloridahomesforless.com


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