Quote:
Originally Posted by LuxLiving
I may be way off in this as I've never bought a new house from a builder, but on such a deal who pays the closing costs? If it is normally the buyer, I'd ask them to pay for that in my counter-offer.
So, 402 plus they pay the closing.
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I checked with my local bank and closing cost on a $400k house is $1800. Now, if I wanted to buy down 2 points it would be around $7000-$8000.
I wonder if I;m truly getting a deal. I know a lot of spec homes and resale homes are getting hurt and willing to deal. If the market was better, I wonder if they would still offer the same price?