Local San Diego Builders Using Outrageous Incentives To Seal Deals!

By
Services for Real Estate Pros with Crescent Moon Realty, Inc. & Land N Sea Auctions.

Buy downs and other discount are being offer at local new home builders in the San Diego community. With the local real estate market being sluggish, some local area new home builders are offering a variety of financial incentives to spur sales some of which sound almost too good to be true. 

Shea Homes offered a 1.875 interest rate for thefirst year on a 30 year fixed rate mortgage. That's a full two points below a 3.875 percent mortgage Shea was offering a few months earlier one eight Chula Vista homes and better than last weeks lowest mortgages for 30-year fixed at about 4.78 percent. 

The latest offer applied to buyers who qualified for a mortgage insured by the Federal Housing Administration (FHA) at select  Shea sites. A key requirement to get Shea's hard to believe mortgage rate is going through Shea Mortgage the mortgage brokerage unit of Walnut-based J.F. Shea Co. This particular incentive is know as a rate buy down. This rate is fixed for the first year and then in the second year it will change, to 2.875, then in the third it will be @ 3.87 for the rest of the loan.

 

Other local new home builders are offering incentives on:

  1. Paying off local bonds.

  2.  Discounting upgraded features for their homes.

  3. Some builders offer exotic trips, new cars etc.

  4. Cash credit  incentives, that can be applied to the purchase of the new home.

  5. Paying closing cost.

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Being a real estate broker takes on the form of leadership. The agent/broker role is to lead the client through the home purchase or sales process and serving them with the highest customer service standards. Crescent Moon Realty, Inc & Land N Sea Auction goal is to help the client achieve as many of their goals as possible - so that both parties feel that they are in a win-win.

Find out the benefits to selling or buying a home traditionally or non traditionally ---Contact us @ 1-760-650-2157 Or visit our websites @ www.LandNSeaAuctions.com or CrescentMoonRealty.biz.

Lorraine or Loretta

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Topic:
Real Estate General Information
Location:
California San Diego County
Groups:
Independent Brokerages
LA Connection
Localism Success and Accountability Group
Realtors®
San Diego North County Real Estate
Tags:
local san diego new home builders
buy downs
discount
incentives

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