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Old 10-02-2015, 07:58 AM
 
Location: Plano 75024
409 posts, read 879,409 times
Reputation: 208

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Quote:
Originally Posted by TXNGL View Post
I think those camping out really had their hearts set on a new home. Having said that, I do suspect that the hype was created by builders and agents. It just seemed suspect to me since the entire area is expanding constantly.
So true. Did you see the news segment about this on TV. It was at 10p and they were doing a live shot there and there were agents bringing them food and cold drinks and the agents got mini interviewed as well
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Old 10-02-2015, 08:07 AM
 
1,791 posts, read 1,991,020 times
Reputation: 1715
Those people found something they wanted and made it happen. Seems fine to me.
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Old 10-02-2015, 08:17 AM
 
1,017 posts, read 1,144,878 times
Reputation: 667
Quote:
Originally Posted by LeagleEagleDFW View Post
Are you referring to new build only contracts? Because this is otherwise 100% false.
Yes I was referring to new build
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Old 10-02-2015, 10:54 AM
 
Location: Mckinney
995 posts, read 1,099,392 times
Reputation: 1030
Quote:
Originally Posted by nissan View Post
+1, our builder told us that would be the case if the house didn't appraise -- pay the difference or walk (and they'll just sell it to another). What's odd to me, and why I still question the entire process, is we had an appraisal from 1 lender come in exactly at the sale price. 3 days later, my other lender's appraisal comes in it at $15K more
Each lender used a different appraiser. There is no reason. Makes no sense to me either and I sell new homes. We have the most trouble from VA appraisers.
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Old 10-02-2015, 10:25 PM
 
9,240 posts, read 10,877,380 times
Reputation: 9886
Quote:
Originally Posted by taroberts View Post
So true. Did you see the news segment about this on TV. It was at 10p and they were doing a live shot there and there were agents bringing them food and cold drinks and the agents got mini interviewed as well
No, didn't catch that particular one, but the stories I did catch didn't make much sense to me. When thinking about the new build areas way far north, there is a lot out there. I saw an article with a guy from St Louis who is transferring to Southwest Airlines (in Dallas). He was camping out and hoping to get one of these lots for his family. I don't know if he had any idea about what kind of commute he was looking at, but I suspect builders and agents for these communities seek transfers, folks like this guy, out. His story stuck out to me because St. Louis proper is actually very tiny, making a commute from many suburbs nothing. McKinney is a great area IMO, but it's not exactly convenient to Dallas proper jobs.
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Old 10-03-2015, 11:05 AM
 
1,283 posts, read 3,062,971 times
Reputation: 1062
It's crazy. And yes, I think a lot that was builder/agent hype. We have friends in that neighborhood, and there is actually nothing special about it. They have even had difficulty getting the community amenities built out like promised. Our friends are actually considering moving from there....not because of the amenity issue, but because they have found the neighborhood attracts a certain type of people, a type that they were trying to get away from when they moved here to Texas (they moved a year ago from California). I'm guessing this buying hype won't help with that
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Old 10-03-2015, 11:11 AM
 
Location: Mckinney
995 posts, read 1,099,392 times
Reputation: 1030
Quote:
Originally Posted by PlanoGirl View Post
It's crazy. And yes, I think a lot that was builder/agent hype. We have friends in that neighborhood, and there is actually nothing special about it. They have even had difficulty getting the community amenities built out like promised. Our friends are actually considering moving from there....not because of the amenity issue, but because they have found the neighborhood attracts a certain type of people, a type that they were trying to get away from when they moved here to Texas (they moved a year ago from California). I'm guessing this buying hype won't help with that
What type are you referring to?
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