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Old 10-25-2007, 01:08 PM
 
4 posts, read 16,403 times
Reputation: 11

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Hi all,

We're about to buy a Beazer townhome, in the perimeter north of buckhead, and they're not coming off the list much at all, especially in this market. They've given 10% discounts on every unit sold this year, but are only offering us 2.5% ! We have a realtor, know all the sold pricing, and they won't budge, even though this unit has sat for 3 months.

Anyone know a trick with Beazer?? What's going on here?
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Old 10-25-2007, 01:32 PM
 
9,124 posts, read 36,377,466 times
Reputation: 3631
The area inside the perimeter is still selling well, so why should they drop their prices? They probably had a hiccup earlier this year when everyone got scared about interest rates (and lowered prices then), but now that rates are still at around 6% and sales are OK, they don't have to lower the price. If you don't want to pay what they're asking, they'll be happy to sell to someone else.
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Old 10-25-2007, 02:04 PM
 
1,145 posts, read 4,212,034 times
Reputation: 971
Are you submitting actual offers, or just verbally dealing with the agent? The agent may have instructions to offer you very little. But things may change when you submit an actual offer (with pre-approval letter) that goes to a higher-up.

That's a unique situation..on one hand, it's Beazer, which is doing miserably nationally. Their Woodlands Preserve townhomes in Alpharetta was offering us huge discounts. On the other hand, that location is one of the most desired in Metro Atlanta. So management may have decided this is one of their communities where they'll try to actually make $$.

Keep us updated please..
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Old 10-25-2007, 06:18 PM
 
201 posts, read 1,070,638 times
Reputation: 79
My builder appears to be keeping steady on the price but throwing in upgrades/extras. Have you tried that?
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Old 10-26-2007, 01:17 PM
 
Location: Johns Creek, GA
17,474 posts, read 66,035,782 times
Reputation: 23621
Quote:
Originally Posted by BobKovacs View Post
The area inside the perimeter is still selling well, so why should they drop their prices? They probably had a hiccup earlier this year when everyone got scared about interest rates (and lowered prices then), but now that rates are still at around 6% and sales are OK, they don't have to lower the price. If you don't want to pay what they're asking, they'll be happy to sell to someone else.
They can't "afford" to lower the price. With all the news about them and their current market price- they need all the money they can scrap together.
Like Bob said- they'll be happy to sell to someone else- yeah, someone who uses their lending arm and pays out the...
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