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Old 01-20-2008, 08:28 PM
 
1 posts, read 5,088 times
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We are considering purchasing a home from the StoneGate Subdivision in Wake Forest, NC. Are the prices for the homes negotiable? We are going to have to sell our house for less then we would like due to the weak market so we will need to purchase the house for less then the asking price. We plan on picking out a floor plan and the lot, etc. If you live in the subdivision is the price negotiable?

Any feedback on the neighboor hood is appreciated.
I have two Children (newborn, 10) so any information you can provide about the neighboor hood would be great.

Thanks.
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Old 01-20-2008, 08:45 PM
 
Location: Wake Forest
2,834 posts, read 11,550,148 times
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I do not live in the subdivision, but I live in wake forest. I looked up the houses in the neighborhood that have closed in the past year, and the average was 98 percent of the list price. Now, take that with a grain of salt because, the highest "money off" was for the spec homes that were finished and just sitting. In a new construction situation, the spec homes that sit are not good. Most builders (even large neighborhoods) only have a certain number of "finished" homes sitting, thus, the longer they sit the more aggressively they will be priced.

If you are thinking about going and picking out a lot and a floor plan, you are probably not going to get that many incentives, you may, but you should do your homework. Some places will, instead of taking money off of the price of a house, will give you incentives at the design center (if you decide to pick a lot and build).

My best advice is to get a buyer's agent, it will not cost you a thing and that person will represent you exclusively. If you use the onsite agents, please note that they are representing the seller (mccar homes) and although they will be helpful to you, they are not representing your best interest. A buyer's agent will negotiate and help you buy your home.

Anyhow, just my 2 cents.

Leigh
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Old 01-21-2008, 09:05 AM
 
2,376 posts, read 2,387,669 times
Reputation: 2232
Quote:
Originally Posted by adam315 View Post
We are considering purchasing a home from the StoneGate Subdivision in Wake Forest, NC. Are the prices for the homes negotiable? We are going to have to sell our house for less then we would like due to the weak market so we will need to purchase the house for less then the asking price. We plan on picking out a floor plan and the lot, etc. If you live in the subdivision is the price negotiable?

Any feedback on the neighboor hood is appreciated.
I have two Children (newborn, 10) so any information you can provide about the neighboor hood would be great.

Thanks.
Do yourself a favor and search for Stonegate or McCar homes on this forum. There has been a lot of discussion on this neighborhood that you may want to see.
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