{"id":4107,"date":"2012-12-18T13:19:32","date_gmt":"2012-12-18T13:19:32","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=4107"},"modified":"2012-12-18T13:19:35","modified_gmt":"2012-12-18T13:19:35","slug":"incentives-still-help-seal-deals-builders-say-2","status":"publish","type":"post","link":"http:\/\/www.anthonydidonato.net\/wordpress\/incentives-still-help-seal-deals-builders-say-2\/","title":{"rendered":"Incentives Still Help Seal Deals, Builders Say"},"content":{"rendered":"<h2>Incentives Still Help Seal Deals, Builders Say<\/h2>\n<div id=\"attachment_4109\" style=\"width: 400px\" class=\"wp-caption alignleft\"><a href=\"http:\/\/www.anthonydidonato.net\/wordpress\/2012\/12\/18\/incentives-still-help-seal-deals-builders-say-2\/id-10088295\/\" rel=\"attachment wp-att-4109\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-4109\" class=\"size-full wp-image-4109\" alt=\"Incentives Still Help Seal Deals, Builders Say, Image by Stuart Miles &amp; FreeDigitalPhotos.net\" src=\"http:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2012\/12\/ID-10088295.jpg\" width=\"400\" height=\"400\" srcset=\"http:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2012\/12\/ID-10088295.jpg 400w, http:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2012\/12\/ID-10088295-150x150.jpg 150w, http:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2012\/12\/ID-10088295-300x300.jpg 300w\" sizes=\"auto, (max-width: 400px) 100vw, 400px\" \/><\/a><p id=\"caption-attachment-4109\" class=\"wp-caption-text\">Incentives Still Help Seal Deals, Builders Say, Image by Stuart Miles &amp; FreeDigitalPhotos.net<\/p><\/div>\n<p>&nbsp;<\/p>\n<p>While home buying has picked up, some builders say reluctant buyers may need an extra push to get moving. Some developers are offering up <strong>incentives<\/strong> or discounts paid by the developer at closing to help speed up deals, finish out housing projects, and sell hard-to-unload homes.<\/p>\n<p>\u201c[<em>Incentives<\/em>] can get buyers across the finish line,\u201d says Eric Benaim, the chief executive of the brokerage Modern Spaces.<\/p>\n<p>For example, developers with Benaim\u2014a Long Island City, Queens project in New York\u2014are offering buyers a credit equal to 6 percent of the unit\u2019s cost for completing a purchase. The credit can be applied only to closing costs.<\/p>\n<p>Other incentives may come in the form of offers to pay for transfer taxes and lawyer fees. Or some developers are creating special program <span style=\"text-decoration: underline;\">incentives<\/span>, such as Douglas Elliman in New York\u2019s \u201c1-1-1 buydown\u201d program\u2014which pays the equivalent of one point of a buyer\u2019s mortgage interest rate for the first three years. For some three-bedroom units in a development, that could mean a more than $10,000 savings to a home buyer.<\/p>\n<p>Incentives may take money out of developers\u2019 pockets, but \u201cyou would spend the money on advertising anyway,\u201d says Brian Meier, a Douglas Elliman broker.<\/p>\n<p><em>Source: \u201c<a href=\"http:\/\/www.nytimes.com\/2012\/12\/16\/realestate\/some-buildings-find-buyers-need-a-nudge.html?partner=rss&amp;emc=rss&amp;_r=0\" target=\"_blank\">Some Buildings Find Buyers Need a Nudge<\/a>,\u201d The New York Times (Dec. 16, 2012)<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Incentives Still Help Seal Deals, Builders Say &nbsp; While home buying has picked up, some builders say reluctant buyers may need an extra push to get moving. Some developers are offering up incentives or discounts paid by the developer at closing to help speed up deals, finish out housing projects, and sell hard-to-unload homes. \u201c[Incentives] &hellip; <\/p>\n<p><a class=\"more-link btn\" href=\"http:\/\/www.anthonydidonato.net\/wordpress\/incentives-still-help-seal-deals-builders-say-2\/\">Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,4,9],"class_list":["post-4107","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Incentives Still Help Seal Deals, Builders Say  - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"description\" content=\"Incentives Still Help Seal Deals, Builders Say. 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Skilled, smart and enthusiastic about his work and his life, Anthony DiDonato has the appealing combination of business sense and people skills gives him an edge in an industry that demands both. Educated at Drexel University with a dual major in accounting and finance and minors in management and psychology Anthony DiDonato offers over 25 years of experience in the real estate industry. He has been a real estate investor since 1985 and a member of H.A.P.C.O. (Landlord Association). He became a licensed Realtor in 1992 and a member of the Local, Pennsylvania and National Associations of Realtors. Anthony DiDonato is also a member of the Computerized Multiple Listings, (MLS) and Internet Marketing Programs. In 1997 Anthony DiDonato became Century 21 All-Elite, Inc. Corporate Secretary. Anthony DiDonato believes in taking his profession to the highest level of quality service. 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Skilled, smart and enthusiastic about his work and his life, Anthony DiDonato has the appealing combination of business sense and people skills gives him an edge in an industry that demands both. Educated at Drexel University with a dual major in accounting and finance and minors in management and psychology Anthony DiDonato offers over 25 years of experience in the real estate industry. He has been a real estate investor since 1985 and a member of H.A.P.C.O. (Landlord Association). He became a licensed Realtor in 1992 and a member of the Local, Pennsylvania and National Associations of Realtors. Anthony DiDonato is also a member of the Computerized Multiple Listings, (MLS) and Internet Marketing Programs. In 1997 Anthony DiDonato became Century 21 All-Elite, Inc. Corporate Secretary. Anthony DiDonato believes in taking his profession to the highest level of quality service. He is known for finding that \u201cperfect\u201d property in Philadelphia, Delaware County, Chester County, Montgomery County and surrounding areas in Pennsylvania for his buyers and helping his sellers prepare their properties so they sell quickly and efficiently. When it comes time to negotiate the terms of a contract, Anthony DiDonato has the knowledge, experience, and professionalism applied to meeting \u2013 or exceeding \u2013 his clients\u2019 expectations. His service to his clients is second to none. His honesty and integrity have been his claim to fame. 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