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Old 09-29-2010, 09:18 AM
 
232 posts, read 929,470 times
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Wake county parade of homes is starting this weekend for the next 3 weekends!
Home Builders Association of Raleigh-Wake County, North Carolina

Quick search yielded just 2 homes with a million dollars+ price tag. I am a little disappointed.
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Old 09-29-2010, 09:29 AM
 
Location: Wake County
345 posts, read 910,567 times
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Not surprising. Builders don't want to sit on a spec house with that sort of price tag after the parade is over, and most individuals who build one like that, don't want everyone and his brother in their home.
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Old 09-29-2010, 09:52 AM
 
Location: Cary, NC
31,652 posts, read 55,431,790 times
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Quote:
Originally Posted by bellasformas View Post
Not surprising. Builders don't want to sit on a spec house with that sort of price tag after the parade is over, and most individuals who build one like that, don't want everyone and his brother in their home.
Right on both counts.
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Old 09-29-2010, 06:18 PM
 
Location: NC
31 posts, read 29,823 times
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I checked the link and there are 6 in my development. The only problem with that is the houses they picked keep selling right after they put that big parade of homes sign in the ground. I wonder if they can still let people trek through the house if they sold it to someone but haven't closed yet?
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Old 09-29-2010, 06:39 PM
 
Location: Cary, NC
31,652 posts, read 55,431,790 times
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Quote:
Originally Posted by Wheelwright View Post
I checked the link and there are 6 in my development. The only problem with that is the houses they picked keep selling right after they put that big parade of homes sign in the ground. I wonder if they can still let people trek through the house if they sold it to someone but haven't closed yet?
Understand that the builders pay a hefty sum to enter the home in the Parade. They want a return on the investment.
They can ask permission, negotiate it in the contract, compensate the buyer, guarantee the condition of the home, including touch up of any dings, etc.

Me? I just would not want all that traffic through my new home.
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Old 09-29-2010, 06:55 PM
 
Location: NC
31 posts, read 29,823 times
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Quote:
Originally Posted by MikeJaquish View Post
Understand that the builders pay a hefty sum to enter the home in the Parade. They want a return on the investment.
They can ask permission, negotiate it in the contract, compensate the buyer, guarantee the condition of the home, including touch up of any dings, etc.

Me? I just would not want all that traffic through my new home.
How much are we talking for an entrance fee for the builder?

Does the buyer have to agree in some fashion or another?
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Old 09-29-2010, 08:08 PM
 
Location: Morrisville
1,168 posts, read 2,082,244 times
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Quote:
Originally Posted by Wheelwright View Post
How much are we talking for an entrance fee for the builder?

Does the buyer have to agree in some fashion or another?
Several hundred (i think close to $500 for early bird entries) per house....but im not 100% sure.

Typically the buyers are fine with their home being on the parade. It's disclosed prior to a contract being signed and im sure the builder would repaid all (if any) damage to the homeprior to closing.

There are a total of 168 homes in the parade of homes this year. In years past i remember the books being as thick as a phonebook (like the cary/apex phonebook).

Even though there are less homes don't let that stop you from going out to look. All it costs you is your time. Plus there can be some really cool features in homes that are less than a million.
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