4 ms·
My second home was new development precisely because it was "easy" to lock in. I hate it. I want to live in an older home. But, when I was on the market for a p
by scruple 7y ago
My second home was new development precisely because it was "easy" to lock in. I hate it. I want to live in an older home. But, when I was on the market for a place in a new area the older homes were going to cash buyers who were paying over the asking price. With new development, you put down a "small" (in terms of total costs) down payment and then get your loan approved. There's no real competition to speak of.