re: Buying a DSLD Home, should I get my own realtor?

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Op to answer your question, yes realtor fees are negotiable. Tell them $0 closing costs and you won't bring your own realtor. That will save them 2.5%. As said, closing costs are negotiable with the price of the home. They are used to this, they can price the closing costs into the home sale also. So they can simple add that $1,000 into your mortgage. Everything is 'negotiable' with those types of companies. No harm in asking.

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They won't do it. A one off sale is not worth potentially alienating an entire industry.

We purchased a DSLD home in 2009 in Pville, no money down. Paid no closing costs. We had issues with the closing date which kept getting pushed back. Overall, we stayed in the home for 5 years. Sold it for 30k more than we purchased it for and built our current home. We enjoyed our first home. Had no issues selling. Inspector didn't find any problems. It's a great starter home. Good luck to you.

DSLD won't knock anything off the price or throw any extras in for you for saving them from paying a buyer's realtor commission...so why not have a realtor who works for you to help along the way? But did you already sign a contract? If so, you might have a little harder time bringing your own agent into the mix after a contract is already signed.


I have a DSLD house. No issues with the house itself in almost 2 years I've owned it, but I'm still not happy with the way my yard came out because DSLD built up the part of the lot where the slab was poured so high and I have about a 2.5 to 3' elevation difference from my back porch to the rear property line thats about 20' away. So from my kitchen, I can see clear over the 6' fence straight into the backyard behind me. Limits what I can do with my backyard having that kind of slope to it. Model home I toured and other nearby DSLD houses didn't have this type of yard grading...just the DSLD houses on my block

you can't just roll extra cost into your mortgage. they have to be listed as closing cost paid by the seller on the contract. Also to the OP if you don't have a realtor they i would ask them to cover the extra closing cost. I have been closing loans in baton rouge for 14years and never closed a DLSD loan. When customers tell me they are buying a home from them i thank them for their time and move on. They always ask me why and i tell them i am a great loan officer but you are not giving up 5k in closing cost for me to do your loan. they always agree with me!

DSLD


Other (he said he could get the cash to close at an even 16k)

take the DSLD loan and run with it.

Had you negotiated the loan? I got competitive quotes from others and took the most competitive rate to DSLD and asked them to match. They did