New Construction Buyers: Are You Overpaying for That “Incentive” Rate?
About this episode
The episode discusses the complexities and hidden costs associated with buying new construction homes and builder incentives.
In this episode of The Brutally Honest Loan Officers Podcast, we break down what builders don’t always explain clearly: • Why new construction homes are often priced higher than resale• Why builders avoid lowering prices• How rate buydowns actually work• The real math behind “builder incentives”• When a higher price can still mean a lower monthly payment• The hidden risk if you sell in 2–3 years• Why long-term buyers benefit most from new construction Right now, many builders are offering: 4.99%–5.25% interest rates Closing cost credits Design center upgrades Appliance packages Lot premium waivers But here’s the key question: Are you saving money… or just shifting where you pay it?
People in this episode
Hosts: Stephen Brock, Derick Brown
Topics covered
- new construction homes
- builder incentives
- rate buydowns
- pricing strategies
- long-term benefits
- financial risks
Keywords
- new construction
- builder incentives
- interest rates
- closing costs
- financial risks
- monthly payments
- real estate
Mentioned in this episode
Organizations: The Brutally Honest Loan Officers
Products: 4.99%–5.25% interest rates, Closing cost credits, Design center upgrades, Appliance packages, Lot premium waivers
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- Why Some Renters Should NOT Buy.... YET
- Just Bought a Home? Watch Out for These Scams After Closing
- Why Some Realtors & Loan Officers Give Bad Advice (And How to Avoid It)
- Zillow Says Your Home Is Worth What! Here’s the Truth About Zestimates
- Buyer’s Market in Florida? What’s Actually Happening Right Now?
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