Author: Lucia Russell

Mortgages and How They Work With Display Homes
Business + Careers, Home + Family

Mortgages and How They Work With Display Homes

A display home may just be the perfect investment for you and your family. Whether you are buying to move in or to rent, a display home provides a steep discount for a great product. But what about the mortgage rate for these reduced real estate listings? Well, a display model is a home that was built for the purpose of showing off the features a contractor can use in future homes to be built when prospective buyers place an order in the new development. Some can come with all the upgrades, leaving you with an extravagant house to consider as a potential buyer yourself. In essence, the mortgage process is no different when buying a display house for sale than it would be in the paperwork when purchasing any home. But there are some significant pros in the mortgage equation when putting ...