Oct 23
Another development in downtown San Jose is also now offering its buyers $50,000 of incentives. City Heights joins The Works in offering purchasers up to $50,000 worth of incentives. The $50,000 incentive can be applied towards appliance or flooring upgrades, closing costs, property taxes, or interest rate buydowns. The incentive at City Heights can even be applied towards the purchase price up to $20,000.
Units at City Heights start in the $400,000s.
I’ve talked about seller incentives in the past. They sound like a great deal, but may be too good to be true. Are they good for you? What do you think?
Might be that both the City Heights and The Works are built by the same developer. Interested to see if Axis and Tower 88 are going to need these same buyer incentives. Also do you think 360 with their “half sold out” complex is going to get many buyers asking for their deposits back once they start seeing more of these seller incentives available?
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