http://downtownaustinblog.org/2009/02/01/spring-almost-tops-out/ downtown Austin's neighborhood and real estate blog Thu, 17 May 2012 20:28:53 +0000 hourly 1 http://wordpress.org/?v=3.3.2 http://downtownaustinblog.org/2009/02/01/spring-almost-tops-out/#comment-934 jude galligan Sun, 01 Feb 2009 20:48:11 +0000 http://downtownaustin.wordpress.com/?p=941#comment-934 Sure, there will be contracts that cannot close. Smart buyers will negotiate. Smart developers will make deals. Sure, there will be contracts that cannot close. Smart buyers will negotiate. Smart developers will make deals.

]]> http://downtownaustinblog.org/2009/02/01/spring-almost-tops-out/#comment-933 brooking Sun, 01 Feb 2009 19:39:51 +0000 http://downtownaustin.wordpress.com/?p=941#comment-933 But how many of Spring's owners won't get financing? I've heard 15 of Austonian's 25 owners have already backed out of their contracts (leaving 10 sold!). I've heard 50 of Shore's 150 owners couldn't get financing. We've all see 360 sellers trying to get out at below cost. How many of Spring's won't be able to? Spring at least required 10% down while the Shore was only 5% down. But how many of Spring’s owners won’t get financing? I’ve heard 15 of Austonian’s 25 owners have already backed out of their contracts (leaving 10 sold!). I’ve heard 50 of Shore’s 150 owners couldn’t get financing. We’ve all see 360 sellers trying to get out at below cost. How many of Spring’s won’t be able to? Spring at least required 10% down while the Shore was only 5% down.

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