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Marcusfan: Thanks for the info.
When you say "cover the interest they pay on the construction loan and close one month later" do you have a suggestion for how to phrase this to the salesperson who is selling the houses?? When I asked him if they would just close one month later, he said that Centex loses $700/day by having a finished house just sitting there. But it's not like we aren't going to buy it at the end of the month. I would be happy to pay something around $800 to avoid these taxes!!!!

I think I asked this above, but does anyone think that it would be wise for me to give them an ultimatum: either move back the sale date or we can't buy?

Thanks!
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