Pinnacle Real Esate Company
Timonium, MD 21093
I'm a lender. It is true that builders can sometimes offer incentives with which we can't compete. Be wary of the actual interest rate they are giving you, though, because nothing is free. Call me if you have any financing questions at 410-960-3272.
My two cents with regard to upgrades is: finished square footage, bedroom and bath count, deck, fireplace, and hardwoods matter. Not much else does with regard to resale, except location. Make sure you pick a good lot.
That's my two cents. Best of luck!
Ryan and Ryland homes are from same family, they are brothers. In my opinion the Ryland quality is better, but don't tell his brother. Just because the builder is paying the closing costs does not mean you are saving money. All builders contracts state, you the buyer have to pay all of the transfer taxes, most of the builders contribution to closing $$$ costs is to offset THEIR portion of the County/state recordation and transfer taxes tha would be paid by a seller if you bought a re-sale home.
The real estate taxes on new contruction is considerbly higher than a resale home. The real esate taxes have the second highest impact on your monthy payment after your principle. Sellers of resale homes will contribute to your closing costs to enable you to buy their home...FHA allows up to 6%.
Educate yourself, look at both resale homes and new contruction.....but use a real esate agent on both.
The builders sales people work for the builder......not you.
Give "Marney Kirk" a call who also responded to you question. Most agents who paricipate on these sites are experienced and can guide you to making the right decision.
Re/max Realty Group
Your questions are ones that, without knowing your complete situation, are not easy to answer. Loan qualifications can change some of the questions and answers as well.
Your best bet is to speak with someone who can represent your interests after knowing more of your situation.
Please let me know if I can help you further.
Keller Williams Excellence Realty