Welcome Back Readers! Today we’re talking about Buyer Incentives. You’ve seen them, buy this house and seller will pay selling agent bonus, seller will include new Cadillac, enter contest to win a Cruise to Bahamas. Now, not many sellers have been offering these types of incentives in Lancaster, but in new construction we have seen No Mortgage Payments for a Year, $40,000 in Builder Upgrades, buy our home and if yours doesn’t sell we buy yours, etc.
On the surface, you might think these are all great ideas, but they aren’t. They are actually terrible ideas. Read on after the jump to find out why! Continue reading