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re: Homebuilders cancelling contracts to sell for more on market

Posted on 3/28/22 at 5:30 pm to
Posted by Basura Blanco
Member since Dec 2011
8481 posts
Posted on 3/28/22 at 5:30 pm to
quote:

Homebuilder is claiming they had no choice, need to sell for more money in order to cover higher than expected costs.




bullshite


So, in this economy, you are calling bullshite on unexpected costs associated with home building materials? Or are you calling bullshite on the developer/builder for doing anything he can under the contract to recoup those costs by increasing the sales price?

There is no argument that this whole process sucks for the buyer, but its not like the developer/builder chose to have an insane increase in materials coupled with a severe labor shortage.
This post was edited on 3/28/22 at 5:32 pm
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37202 posts
Posted on 3/28/22 at 5:34 pm to
quote:

So, in this economy, you are calling bullshite on unexpected costs associated with home building materials? Or are you calling bullshite on the developer/builder for doing anything he can under the contract to recoup those costs by increasing the sales price?


I'm calling bullshite that it took until a week before closing for the builder to know he needed 60-70K more.
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