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Old 01-15-2011, 11:18 PM
 
4 posts, read 7,720 times
Reputation: 10

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Hi All,

I got first price quote by Rylands home at James creek in cumming, GA couple of days ago. I am more interested in Tryon plan with upgrades. not using any agent.

Tryon Floor Plan | New Homes James Creek - Regency Series | New Homes by Ryland Homes

Base price = 242,500 for Tryon Elevation F with unfinished basement
Complete good quality hard wood (dark brown)on main level except study room = $13500
Tile budget (kitchen + main level bath) = $3000
Full bath with standing shower on first floor = $2000
Railing on stairs wood = $1400
Wiring budget = $1000
Security system = $300
Premium lot = $3000
Granite countertop = $23000
Stainless steel appliance without Refrigerator = $1400
Kitchen cabinet upgrades = $3000
Recessed light = $250
Knobs = $300
upgrade faucet = $400
Additional 4 windows = $800

This 2 week builder is offering 75% off on first $20000 upgrades.. So basically after applying discount on the upgrades + premium lot + extra elevation price + unfinished basement it goes to 260K.

Builder is also offering closing cost ($10,000 - $5000) off if i finance with them with 6 months rate lock.

Can you please guide me what could be the best price i can offer to seller and also what should i do mortgage ? should i finance with Ryalnd or from outside ?

And what else i can ask him for upgrade?

Thanks in advance,
Paul Back

Last edited by Geotuaisay; 01-15-2011 at 11:29 PM..
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Old 01-17-2011, 02:37 PM
 
Location: Johns Creek, GA
6,844 posts, read 22,009,440 times
Reputation: 5366
Work the best deal you can with an outside mortgage company- now you'll know where you stand and what kind of leverage you'll have; if any, against a national builder.

As usual- as you can see they nickel and dime you too death! Usually the best course of action is to have the builder do the things that are in concrete or inside walls- all other things can be done after closing with contractors of your choice, and at much more reasonable costs (generally, national builder double the cost of upgrades to buyers). The drawback is dealing with the remodeling while living in the house- or have it done after closing but before moving in.
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