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When Builders Make Their Own Rules
Yesterday I took my Sellers out to locate a replacement home, and they REALLY wanted a new or newer home, so nice to know there were 4 homes that fit their criteria.
One builder had the home under contract over the weekend but says they usually wait several days before they change the status. OH, but they have another of the same model, but it is a walk-out, so it is $50k more....
Then the last builder we visited, seemed perfect. It was a paired home, brand new and could close in April, great finishes and my clients wanted to write a contract. UNTIL, the sales rep said, the listed price in MLS is the "guarantee price", and it is only good IF their in-house lender is used. If my buyers wanted to keep their lender, they would have to pay $10K more. This listing then should have been listed at the higher price, and in comments say the price would be at the lower price with the use of their lender. This is an MLS violation!
These antics from the builders left a bad taste for the buyers, so we went back to a resale, and wrote up an offer last night.
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