It’s already too late, but I wanted to hear your opinions on this: I just signed the contract today for a brand new DR Horton-built townhouse in Pensacola, FL.. I’ve heard all the negative reviews about them cutting corners and being cheap, but as a first time buyer I think it’s a good option. It’s not a forever home, it’ll be mine for 2 yrs and then I’ll likely rent it out. Also, I used their company lender and it almost seemed too good to be true. For a VA loan, they offered a 4.99% interest rate and $1 in closing costs (the total to close was about $12k, but they reimbursed me). For a $269k townhouse, my upfront costs will be $1 and ~$1800/month…? Seems like a great deal to me. Thoughts on this?
Posted by Crds712
1 Comment
Sounds like a great deal! People are vocal when things go wrong. Lots of people happy with their new builds.