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  • Sam Chapman is a real estate agent with Keller Williams Realty and is licensed in the state of Texas. License # 0509637.
New Home Price Incentives

Are you in the market for a new home in the Austin area?  I got something from Taylor Morrison about huge incentives they are offering on new construction in order to get it sold before the end of the year.  Straight from a builder's rep:

"As I am sure you know, Taylor Morrison builds homes as far south as Buda to as far north as Georgetown. Our prices start in the low $100s and go up to the millions.
 
What would you think if we kept it pretty general and said that buyers could take advantage of UP TO $100k off the price of homes in several of our Steiner Ranch communities, also in Falconhead and Falconhead West and Senna Hills?
 
In our North West communities buyers can benefit by taking up to $50K off the prices.
 
These homes already include designer features and landscaping! Many potential buyers realize what a great deal this is once they start pricing out a TBB home.
 
We are also offering incredible financing deals of 3.5% Fixed the first year  4.5% the second year and 5.5% fixed for life!!
 
It is a buydown on an FHA loan assuming 3 percent down with a 640 credit score. Taylor Morrison purchased the commitment money and basically those great rates go away when we run out of the money to offer."

If they are offering any REALTOR incentives, like a higher commission than we usually see, I take anything over 3% and have the builder credit it off the home price.  So if you are in the market for a new home, call me at 512-293-2422.

Posted: Wednesday, November 12, 2008 10:20 AM by Sam Chapman

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