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Before new home is finished, mortgage woes set in

April 11th, 2008 · No Comments

My husband and I signed a contract with a publicly traded builder, and our home is scheduled to close this December. We were very nervous about signing the contract in June and asked that if the mortgage was too much for us, what would they do? The sales associate stated that they would adjust the purchase price to get the home to be affordable for us. So we signed. Now the mortgages they are finding are too high for us. What are some things we can do or say to the builder to get them to bring down the price of a home in a declining market?

   Winnipeg Auto Finance 

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