Hi All, We are looking into a new build (inventory) with scheduled completion around Jan 2023. The price in area is a bit less than it was few months back in the area (Texas).
If we are to sign a purchase agreement then should we do a extended rate lock (with a fee) or wait it out till closing timeline ? Also on another note, would it be advisable to delay the purchase all together in anticipation of price to go down a bit more ?
Kindly provide your suggestions. Thanks.
submitted by /u/tvg1988
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Hi All, We are looking into a new build (inventory) with scheduled completion around Jan 2023. The price in area is a bit less than it was few months back in the area (Texas). If we are to sign a purchase agreement then should we do a extended rate lock (with a fee) or wait it out till closing timeline ? Also on another note, would it be advisable to delay the purchase all together in anticipation of price to go down a bit more ? Kindly provide your suggestions. Thanks. submitted by /u/tvg1988 [link] [comments]
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