- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Any of you guys ever back out of a purchase agreement on a new house with DSLD?
Posted on 7/20/23 at 8:29 am to mikelbr
Posted on 7/20/23 at 8:29 am to mikelbr
quote:
I wish everyone understood the allure of DSLD type homes is twofold
1. new construction comes with incredible energy efficiency. In 4 years, our 'lectric bill has never been over $130 (we have no tree cover after 10am) and AC easily cools the house to 70 even when it's 100 outside.
2. DSLD pays ALL closing costs. That makes a 5-10k difference. In our case it was over 6k.
In the end you still own a DSLD home.
2
Posted on 7/20/23 at 8:29 am to mikelbr
Same, no tree cover and we are amazed at our Entergy bill. Maybe 120$ is the highest we have paid
Posted on 7/20/23 at 8:30 am to SulphursFinest
My starter home was also a DSLD. Lived in it for 4 years.
Didn’t have any major issues but they cut a lot of corners during the build and you can tell. You’re gonna have that on them big jobs
Didn’t have any major issues but they cut a lot of corners during the build and you can tell. You’re gonna have that on them big jobs
Posted on 7/20/23 at 8:30 am to TDTOM
For $109/sqft. Glad my mortgage is 10% of my take home
Posted on 7/20/23 at 8:30 am to SulphursFinest
I bought one in 2019 for $225,000 and sold it last year for $269,000 two hours after listing it. It had zero issues and the neighbors that did have issues had them fixed in no time. DSLD homes have their place as starter homes. As for backing out, they told us we could at any time and the only thing you lose is the down payment. Now the DR Horton neighborhood down the street? That's a different story.
This post was edited on 7/20/23 at 8:33 am
Posted on 7/20/23 at 8:32 am to CHAZILLA
DR Horton and DSLD aren’t remotely similar. The OT likes to group them together, but that couldn’t be further from the truth
Posted on 7/20/23 at 8:36 am to DevilDagNS
quote:
Those shitty developments and their occupants are absolutely decimating St. Tammany Parish.
How?
Posted on 7/20/23 at 8:39 am to Pauvetibete
quote:
We have 0 tree coverage. We keep the AC at 73 during the day, 65 at night. We havent seen a bill higher than $160 in 6 years.
I have significant tree cover in a house built in 1950 and haven't seen a bill over $140 and usually average $90-$100. Trees make all of the difference.
Posted on 7/20/23 at 8:39 am to SulphursFinest
Both companies are fine. Posters hate but who else is building new affordable homes for first time buyers?
Posted on 7/20/23 at 8:45 am to SulphursFinest
quote:
I own a DSLD. Bought for $209k in 2020. Same house is selling for $265k right now. Both of my next door neighbors sold their house within a week of listing within the last month. They are by no means custom houses, but they are not a bad purchase.
I have had zero issues
for a first time home buyer, buying a brand new DSLD house is a very smart investment. Their suppliers sell to DSLD at extremely low margins because of the volume. You will comfortably be able to resell the home for a nice profit years down the road.
Posted on 7/20/23 at 8:46 am to cbree88
You're going to lose some money... just go through with it and pray that you got a more competent crew rather than the DSLD standard
Posted on 7/20/23 at 8:48 am to cbree88
You have a realtor? I don’t think there is any negative consequence, but read over your purchase agreement or speak with the sales rep. to be sure.
Posted on 7/20/23 at 8:49 am to SulphursFinest
quote:
DR Horton and DSLD aren’t remotely similar. The OT likes to group them together, but that couldn’t be further from the truth
I agree. At least based on what I’ve seen.
Posted on 7/20/23 at 8:52 am to dukeg7213
quote:Specifically what corners did they cut?
Didn’t have any major issues but they cut a lot of corners during the build and you can tell. You’re gonna have that on them big jobs
How did those get past you and your home inspection before you closed?
And what’s your level of home construction expertise?
And what are “them big jobs”? A DSLD starter home?
Posted on 7/20/23 at 8:53 am to mikelbr
quote:
U-Club
U-club is new money blow-hards sporting their Rolex.
Posted on 7/20/23 at 8:54 am to cbree88
Check the Contract can you assign it?
Posted on 7/20/23 at 8:56 am to cbree88
The only knock I have on DSLD is the cookie cutter appearance of the neighborhoods. All the houses look the same…same 3 brick colors, same 4-5 floor plans, and every house has the exact same front door and shutters.
But its good quality for the price and your insurance and energy bills will be a lot cheaper for new construction than buying some 40-50 year old house.
Don’t get DSLD and DR Horton mixed up. I had a DSLD starter house and know several others who’ve owned DSLD and would buy from them again. I’d never pay for a DR Horton house though
ETA: OP, just call the DSLD rep and ask. If you only signed the contract last month, they probably haven’t even pulled building permits yet. It took them 6 months from contract to closing for me and it was almost 3 months in before the slab was even poured
But its good quality for the price and your insurance and energy bills will be a lot cheaper for new construction than buying some 40-50 year old house.
Don’t get DSLD and DR Horton mixed up. I had a DSLD starter house and know several others who’ve owned DSLD and would buy from them again. I’d never pay for a DR Horton house though
ETA: OP, just call the DSLD rep and ask. If you only signed the contract last month, they probably haven’t even pulled building permits yet. It took them 6 months from contract to closing for me and it was almost 3 months in before the slab was even poured
This post was edited on 7/20/23 at 8:58 am
Posted on 7/20/23 at 8:56 am to SulphursFinest
quote:
I own a DSLD. Bought for $209k in 2020. Same house is selling for $265k right now.
I purchased one from Smith Douglas (who is basically Alabama's version of DSLD) in 2019 for $210k. Sold it at the height of 2020 for a $300k cash offer. We lucked out that a very wealthy couple bought it to live in while they built their lake house
And with a cash offer that means no inspection needed. And thank goodness for that because that house was made CHEAP. I would do it all over too, these are perfect starter homes and help you decide what you want and don't want in your next home you plan on living in for 30+ years.
This post was edited on 7/20/23 at 9:02 am
Posted on 7/20/23 at 8:58 am to soccerfüt
The corners they cut is cheap indoor paint and cheap bedroom and closet doors.
Other than that, the craftsmanship is great and I was told from a secondary inspector that it’s the easiest inspection they have made
Other than that, the craftsmanship is great and I was told from a secondary inspector that it’s the easiest inspection they have made
This post was edited on 7/20/23 at 8:59 am
Posted on 7/20/23 at 8:59 am to MRTigerFan
quote:
How?
This is where the come overs from the southshore will tell you why we should make the northshore like the southshore even though it was shitty and they left there for a reason, yet they want to turn this place into what they just left not knowing that they are the problem.
Page 2 of 4
Back to top
Follow TigerDroppings for LSU Football News