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re: Homebuilders cancelling contracts to sell for more on market
Posted on 3/28/22 at 2:12 pm to htran90
Posted on 3/28/22 at 2:12 pm to htran90
quote:
contractors are now just building whatever and selling it for 100k-200k more than they initially wanted.
At this point you'd do better just to buy your own lot and build your own house versus buying in a development.
2
Posted on 3/28/22 at 3:11 pm to Areddishfish
quote:
At this point you'd do better just to buy your own lot and build your own house versus buying in a development.
Yes but in many cities even finding a lot is out of range for most people and you will more than likely need cash to move on it. That is if builders don't snatch it up before you do since they usually know about it before the general public. Then throw in subcontracting your own house for people that can't even build a house out of legos. There are a ton of people that are not nearly liquid or resourceful enough.
Posted on 3/28/22 at 7:20 pm to Areddishfish
quote:
At this point you'd do better just to buy your own lot and build your own house versus buying in a development.
Then the problem becomes finding a builder willing to build. Around here, none of the custom home builders will return your call because they have a waiting list a mile long, and if they do call you back, they won’t touch a project unless you’re spending well over a million.
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