When to submit new construction contract

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  • #65455
    Kristijay
    Participant

    I signed a new construction contract but it does not include showroom options, only the base price with structural selections. Do I submit the contract now to lock in the interest rate or do i have to wait until after my design center appointment selections are made?

    #65471
    newhomedream
    Participant

    We are planning to submit the contact with the base price and structural selections. If I can ever get my PSL. Did you get a PSL before you signed the contract?

    #65474
    Nelsont
    Member

    Maybe it’s different with new construction but, I thought you cannot be in any contract before you get your PSL and if you are you might have to void it and sign a new one.

    #65484
    Kristijay
    Participant

    Yes, I had my PSL prior to signing my contract. My realtor requested it from my MC and he sent it over to her in a couple of hours. Definitely nothing like I had anticipated from reading the horror stories about non responsive mortgage counselors. He’s been awesome so far.

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