Mortgage Updates

Looking around the new home landscape there isn’t a lot of building going on, but at JMC’s communities there are new homes being built all of the time. This different strategy has had many advantages for buyers, Realtors and for JMC. What are some advantages to a 1 or 2 month escrow vs. 6 to 8 months?

Obviously, you don’t have to wait around for the home to start. This allows you to lock in a great mortgage rate and with the quick turnaround on offers you can know up-front what you are going to pay, unlike short-sales and foreclosures. The homes are already loaded with designer upgrades that are included in the price, so there are no surprises after visiting the design center. Since the home is already built you can “kick the tires” and really get a feel for how it will fit your family.

And, it is oh - so much nicer that an REO!  LOL - You'll pinch youself!

Posted by INGRID PIERSON on November 5th, 2011 4:46 PMPost a Comment (0)
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