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re: Putting in offer on new house construction

Posted on 3/25/17 at 12:24 pm to
Posted by Passing Wind
Dutchtown
Member since Apr 2015
4142 posts
Posted on 3/25/17 at 12:24 pm to
quote:


If it is still being built, your offer is the selling price. The only way you will get it cheaper is if it doesn't sale for months after it is complete.

I just finalized the negotiation on a custom built home for us this morning. After he gave us the sell price, and purchase agreement was written for the discussed sell price, I replied with throw in a wood fence, and it's done. Fence is estimated at 6-7k so yeah you're wrong. He threw in 3/4 off the price, and I signed it on the spot.
This post was edited on 3/25/17 at 12:36 pm
Posted by 4LSU2
Member since Dec 2009
37349 posts
Posted on 3/25/17 at 12:29 pm to
quote:

I just finalized the negotiation on a custom built home for us this morning. After he gave us the closing, and purchase agreement was written for the discussed sell price I replied with throw in a wood fence, and it's done. Fence is estimated at 6-7k so yeah you're wrong. He threw it in at same price, and I signed it on the spot.



Apples, meet oranges.

You don't go to a builder when the house is being built and offer less money than what he's listing it for. He will tell you to GFY before a cat can lick its arse. Granted there are some things that are negotiable such as closing costs, realtor fees, etc.

Congrats on over paying for a privacy fence and paying for it for the life of your mortgage.
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