Thursday, September 20, 2007

Where the deals are...

I know I said this before but the $35,000 buyer incentive offered by D.R. Horton is, by far, the best deal in town. See my post from September 13th for more details. There are, however, many builders offering incentives to make buying their homes more attractive to someone that may be sitting on the fence. For instance, Tryson Homes will buy your current home if you purchase one of theirs. (This could be a better deal than D.R. Horton if no one wants your home.) Ryland Homes is offering a choice of one of the following: a 1/2 price basement, 40% off upgrades, or $15,000 toward closing costs. Finally, Pulte and Bowen Homes are both offering $10,000 in buyer incentives. This money can be used for upgrades, closing costs, and other expenses. One caveat is that you often are required to use the builder's preferred lender to receive these incentives.

This is truly a great time to be a buyer. The deals are there and builders are certainly motivated.

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