Colin FitzGerald's Library tagged Incentives → View Popular

29 Sep 06

Waterford Development Corp. will have homes in its Woodland Pond at Manchester development in New Hampshire reappraised two years after closing. If the price drops, the company says it will write the buyer a check for up to 15% of the original sales price, not including the value of any optional upgrades. (Wow! - JD)

25 Aug 06

typical incentive package from a home builder consists of upgrades to the house — granite countertops instead of humdrum tiles, stainless-steel refrigerators and stoves instead of plain white models and wood blinds instead of plastic. At the extremes, some have thrown in $30,000 swimming pools.
Mr. Zandi, the economist, said he believed that the use of perks was now approaching its peak and that sellers would soon be forced to cut list prices more heavily.
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- include a $10,000 reward for referring a qualified buyer,
- found that the use of subsidies had soared since last year, when they were almost nonexistent. In Arlington, 14 condominiums had sold for $350,000 to $550,000 since June 1, and 10 of them included a subsidy from the seller to the buyer. The average subsidy was more than $7,000.