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re: Buying a house with no realtor
Posted on 12/26/14 at 6:19 pm to Nuzhuz
Posted on 12/26/14 at 6:19 pm to Nuzhuz
quote:
What if you are the first buyer in an experimental new development? Do you think they would be willing to negotiate price if they are desperate to get buyers in a new development?
I doubt it bc that first low sales price would be recorded and set the mark for the rest of the neighborhood. That sale would be the best comp for appraisals.
2
Posted on 12/26/14 at 6:41 pm to MikeBRLA
In Houston the first people to buy a new development get the best pricing . The developer typically raise the prices on the second third and final third of the total of homes to create equity and make other buyers think that prices will continue to go
up. The lower prices are the reward for taking the risk. Buy in a development that has at least 2 different builders for obvious reasons.
up. The lower prices are the reward for taking the risk. Buy in a development that has at least 2 different builders for obvious reasons.
Posted on 12/26/14 at 6:59 pm to sstig
quote:
DO NOT buy a DSLD home. They are shite. I recently purchased a home and wanted to look at a DSLD home during my search b/c I knew nothing about them. My real estate agent, who is also my good friend, told me she would never let me buy a DSLD home. It is well know in the industry that the quality is terrible and in 2 years all kind of shite will be breaking.
I too must ask if you're thinking of DR Horton. I don't know much about either company at all, but just what I've heard in random conservation over the years from friends in real estate and construction business is what TTT has said - DSLD has a good reputation and DR Horton does not.
I'm curious what kind of things you think will be broken in a newly constructed home two years into it? I've never really understood this element of the conversation. Is the electrical or plumbing work not done to code or is the framework made of cardboard or something? I half suspect people are referring to things like inexpensive sink faucets or lighting fixtures, in which case..no shite..builder grade fixtures are't going to last forever.
Posted on 12/27/14 at 12:58 am to Huey Lewis
3.5 years into my current DSLD home with not a single issue with it. I'm in one of their very low end developments right now. I speak with my neighbors pretty often and every is super pleased with how their house has held up. No issues other than a sinking lawn on one of my neighbors property.
The new development we are moving into is some of their higher end homes. It's in a neighborhood where there are 3 other builders so the houses will look very different. That's the main thing I don't like about my current subdivision is that all the houses look similar.
The new development we are moving into is some of their higher end homes. It's in a neighborhood where there are 3 other builders so the houses will look very different. That's the main thing I don't like about my current subdivision is that all the houses look similar.
Posted on 12/27/14 at 9:40 am to TigerTatorTots
I'm in the biz and have looked at some of the houses they done in Tuscany. I think DSLD do a fine job. They could do better with a few things, but structurally they do great. Any realtor dissing DSLD homes for quality would raise my brow as not knowing shite.
They are not without there short comings a good realtor could point out to help you decide if it is right for you. The lots are very small in general. That is not most people's optimal sit and bad for resale. Also you have to worry, being they are a low cost developer, about resale. It probably won't appreciate a whole lot because DSLD will be building new homes 5-10 years from now for roughly the same price.
I would say good buy though.
They are not without there short comings a good realtor could point out to help you decide if it is right for you. The lots are very small in general. That is not most people's optimal sit and bad for resale. Also you have to worry, being they are a low cost developer, about resale. It probably won't appreciate a whole lot because DSLD will be building new homes 5-10 years from now for roughly the same price.
I would say good buy though.
Posted on 12/27/14 at 10:00 am to Libertariantiger
I totally agree with you. Luckily, the lot we secured in the new subdivision is a corner lot, and the largest that they owned in the development. I do agree with you about resale- not entirely worried about that as my wife and I discussed that this will likely be the house we stay in for the long haul. The concerns you stated are definitely something anyone should take into consideration. We did our homework and felt that those concerns we can deal with. I appreciate the insight!
This post was edited on 12/27/14 at 10:01 am
Posted on 12/28/14 at 4:00 pm to MikeBRLA
Ok thanks,
Yeah I just don't understand the whole "the price is set and there is no budging..." This sort of policy treats the consumer like they're stupid. Honestly in the new development I'm looking at (dsld) the houses are a tad "experimental" and no one has bought yet...so I'm thinking at the very least I should be able to get some major upgrades for free, right? Because I'm taking the risk!
Am I crazy?
Yeah I just don't understand the whole "the price is set and there is no budging..." This sort of policy treats the consumer like they're stupid. Honestly in the new development I'm looking at (dsld) the houses are a tad "experimental" and no one has bought yet...so I'm thinking at the very least I should be able to get some major upgrades for free, right? Because I'm taking the risk!
Am I crazy?
Posted on 12/28/14 at 5:28 pm to Nuzhuz
Your thoughts are very justified...however DSLD knows they will sell every single house in every one of their developments, so they know what to charge without budging. I've heard of rare cases where they throw in some upgrades, but those cases are few and far between. They know their product, they know they are the best of the spec home builders, and they know every house they build will sell.
Posted on 1/3/15 at 1:42 pm to TigerTatorTots
I live in a DSLD house in Bedico and never had a problem. The only thing we got when building was a few free upgrades that we negotiated for.
Posted on 1/3/15 at 2:07 pm to TigerTatorTots
DR Horton is the largest builder in the United States. DSLD is the second largest in the state of Louisiana. Maybe that's why Horton has so many more complaints? That being said I wouldn't buy from either
Posted on 1/3/15 at 2:20 pm to FriscoKid
It is likely because Horton builds a terrible house. The complaints just within my Parish are ridiculous for Horton. DSLD, not so much
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