Brand new Models near completion.
The buider is willing to sell these 3 models and lease them back from the investor for 12 months fixed lease with another 6 months or so on a month to month basis.
Builders from time to time call me with opportunities for individual home buyers or investors with the corporate OK to lower the price of new homes drastically for one reason or another or the willingness to sell off the models an lease the back from the investor for a period of time while they are selling the neighborhood. One I sold to an investor is going on it's 3 year of lease back and has increased in value nearly 33% from purchase price. The builders will sign a lease that allows for positive cash-flow during the duration of the lease back and the investor realizes the equity gain of a new community.
For the individual that want to save BIG dollars on purchasing a new construction home. The end of the year is always a good time. Builders usually have inventory that they want off their books by the end of the year. Some builders year ends in the end of October, some the end of November and most by the end of December. Also there are times that a build job fails through and the builder wants the house SOLD, just like one in the last two weeks that was custom built for a couple at $312,000 and they where transferred by their employer out of town 3 weeks before closing. Since the builder had been constructing the home for nearly 5 months, home office said SELL. The people that bought the home got it for $260,000. It pays to be in the know.
GREAT opportunties are out there once in a while.
Contact me if you want to when and where they pop up.