U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Florida
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Old 05-07-2007, 06:58 AM
60 posts, read 101,006 times
Reputation: 18


http://www.boston.com/business/articles/2007/05/07/bank_of_america_eliminates_closing_costs/ (broken link)

Bank Of America is eliminating closing costs. Maybe this will scare some buyers out of the closet.
Rate this post positively Reply With Quote Quick reply to this message

Old 05-07-2007, 07:44 AM
3,842 posts, read 10,096,552 times
Reputation: 3202
Adams Homes [large builder in Punta Gorda & just bought out KB Homes nationwide] is also paying full closing costs. The homes are a lot of sq ft for the $$ but a lot to be desired in quality after passing the intial requirements. But, the homes are selling in the Deep Creek area of Punta Gorda. Average 1700 sq home, 4/2/2 is about $179-$200 there & many have bought for the fact Adams pays those closing costs [w/ preferred lender of course]. But Adams will not negotiate on price..so, it makes me wonder what they are actually "covering".

It will be interesting to see how many others start to follow this trend. By taking care of those closing costs, a buyer doesn't have to use so much cash.

Guess it all just depends.
Rate this post positively Reply With Quote Quick reply to this message
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply

Loading data...
Based on 2000-2020 data
Loading data...

Hide US histogram

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Florida
Similar Threads
View detailed profiles of:

All times are GMT -6. The time now is 06:53 AM.

© 2005-2022, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top