Quote:
Originally Posted by Cowboy89
I always laugh at car dealerships and condo sellers who have promotions where there are clearly defined days for the sale as if they wouldn't sell you unsold inventory at the sale price afterwards. Clearly if buyers are defaulting and units go unsold by the 26th, I'm sure you could walk in there and get that price on the 27th.
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Often with condos there's a quota the developer needs to reach for minimum sales, so there's sometimes legitimacy to the sales.
If they sell enough to secure their financing, the rest of the sales can come at a slower pace and the developer doesn't mind. They don't see the money until closing time anyway.