In today's housing market, homebuilders are offering enticing incentives to attract buyers. However, these offers might be traps, potentially leading to financial pitfalls. This episode explores how incentives like rate buydowns can mask inflated prices and increase the risk of FHA loan delinquencies. The discussion highlights the dangers these incentives pose, especially for first-time buyers, and provides strategies to safeguard your financial future before committing to a contract. Avoid letting short-term savings jeopardize your long-term financial freedom. 00:05:00: Introduction to homebuilder incentives and their potential risks.00:15:30: Exploration of inflated prices disguised by rate buydowns.00:25:00: Discussion on the rise of FHA loan delinquencies.00:35:45: Strategies to protect your financial interests before signing a contract.00:45:00: Conclusion and final thoughts on maintaining long-term financial freedom. #housingmarket #homebuilderincentives #financialrisks #FHAloans #ratebuydowns #realestate #first-timebuyers #financialstability See show notes: https://inlet.fm/easy-to-understand-real-estate/episodes/6898df0686e03a9f5d1b319d Learn more about your ad choices. Visit podcastchoices.com/adchoices