New Jersey homebuyer gets $575K home for $545K, saves $350 a month with incentives
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This story is aggregated from The Times of India (timesofindia.indiatimes.com). Full reporting rights and copyright belong to the primary publisher.
A New Jersey homebuyer viewed 10 older houses but rejected them after finding costly repairs and maintenance would add to their purchase price. He then considered a new townhouse in Pennsylvania listed at $575,000. After negotiations, he bought it for $545,000 and secured $30,000...
A New Jersey homebuyer viewed 10 older houses but rejected them after finding costly repairs and maintenance would add to their purchase price. He then considered a new townhouse in Pennsylvania listed at $575,000. After negotiations, he bought it for $545,000 and secured $30,000 in builder incentives, including a mortgage-rate buydown that reduced his rate from 6.25% to 5.25%.
Original Source
https://timesofindia.indiatimes.com/real-estate/news/a-new-jersey-homebuyer-rejected-10-older-houses-then-negotiated-a-575000-pennsylvania-new-build-down-to-545000-and-used-30000-in-builder-incentives-to-cut-his-mortgage-rate-from-6-25-to-5-25-saving-about-350-a-month/articleshow/134634915.cms
