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Started By
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DSLD Home Purchase Question
Posted on 11/23/23 at 7:03 am
Posted on 11/23/23 at 7:03 am
Was anyone able to get them to pay the $6k or $8k closing cost without using their “preferred lender”. It’s a starter home. We now what they’re getting, it’s the best option for their price point.
This post was edited on 11/23/23 at 7:11 am
10
Posted on 11/23/23 at 7:07 am to LAS
Dsld builds a cheap house. Don’t buy
Posted on 11/23/23 at 7:10 am to MorgusTheMagnificent
They appreciated pretty frickin well the last few years. You fricked up by not buying
Posted on 11/23/23 at 7:10 am to MorgusTheMagnificent
I’m not, it’s for someone else. It’s a starter home. We now what they’re getting best option for their price point.
Posted on 11/23/23 at 7:10 am to LAS
My first house was a dsld. They put close to that amount to closing for me.
Eta: I believe that's only for new construction though
Eta: I believe that's only for new construction though
This post was edited on 11/23/23 at 7:12 am
Posted on 11/23/23 at 7:11 am to LoneStar23
Great but did you use an outside lender?
Posted on 11/23/23 at 7:12 am to LoneStar23
Still in my starter dsld bc of this market but it's a nice house for the money. It's appreciated about 130k according to a recent sell in the neighborhood.
I don't remember playing closing but I went through rural development
I don't remember playing closing but I went through rural development
This post was edited on 11/23/23 at 7:13 am
Posted on 11/23/23 at 7:12 am to LAS
Yes I used GMFS
Posted on 11/23/23 at 7:12 am to LAS
What is a DSLD home?
Posted on 11/23/23 at 7:13 am to Hu_Flung_Pu
Did you use their preferred lender?
Posted on 11/23/23 at 7:17 am to LAS
Who lives in a DSLD home more than a handful of years anyways or a starter home in general? Who cares if they’re built shitty.
Hell, the younger generation can sit still long enough to watch a movie these days.
Hell, the younger generation can sit still long enough to watch a movie these days.
Posted on 11/23/23 at 7:17 am to LAS
Is the outside lender giving you a better rate?
I sold a DSLD last year and my buyers used an outside lender and still received the closing costs. That is all negotiable.
I sold a DSLD last year and my buyers used an outside lender and still received the closing costs. That is all negotiable.
Posted on 11/23/23 at 7:17 am to Kingshakabooboo
quote:
What is a DSLD home?
That’s the company that builds the house and offers financing. Some people swear at them, others swear by them !
Posted on 11/23/23 at 7:20 am to TigerNAtux
Yes everything is better. You seem to be a Realtor, did you get them pay more than 2% commission. I’m gifting the buyers the commission so I’d like to get them all I can.
This post was edited on 11/23/23 at 7:33 am
Posted on 11/23/23 at 7:23 am to LAS
Our first home was a dsld and we loved it. Much more energy efficient than you would think. The only issue I had with a “dsld home” was a lot of the other home buyers in the neighborhood didn’t do a great job of keeping up their yards. DSLD is a great get out of the apartment renting home but that also means you are living around people who still treat their home as an apartment.
Posted on 11/23/23 at 7:27 am to LAS
No. DSLD is 2% and they don’t negotiate that. Now DR Horton has given up to 6% commission to buyers agents, just have to catch them at the right time.
Very kind of you to do that.
Very kind of you to do that.
Posted on 11/23/23 at 7:30 am to Hu_Flung_Pu
They only appreciate as much as the next house that they are selling up the street or in the next neighborhood over. Why would I buy an old house when I can get a newer for the same price.
If you appreciated 50% you really don’t ever see that because your next house will cost that much more.
Values seems to be taking a nosedive. Don’t think we see pre Covid pricing but there are some value deals available with rates that really aren’t that bad.
If you appreciated 50% you really don’t ever see that because your next house will cost that much more.
Values seems to be taking a nosedive. Don’t think we see pre Covid pricing but there are some value deals available with rates that really aren’t that bad.
Posted on 11/23/23 at 7:35 am to Penske File
quote:
Values seems to be taking a nosedive.
Where? Not in the Greater Baton Rouge area. In certain areas we still have multiple offer situations and folks paying over appraised value.
Posted on 11/23/23 at 7:36 am to TigerNAtux
Thank you so much! This was EXACTLY what I needed to know. I live and do most of my business in another state, so wasn’t too familiar with how they work.
Posted on 11/23/23 at 7:38 am to LAS
Most welcome. 
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