U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Real Estate
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
Old 10-29-2007, 05:06 PM
Location: Richmond, VA
2,310 posts, read 1,858,923 times
Reputation: 971


CONGRATS! Glad it all worked out!
Rate this post positively Reply With Quote Quick reply to this message

Old 10-29-2007, 05:29 PM
Location: US
3,090 posts, read 3,754,544 times
Reputation: 1648
I thought about your family this weekend. I opened our Sunday paper here in Orlando and out dropped a BIG flyer by Centex about slashing prices, $5,000 of incentives. . . I'm glad it worked out for you!!

Originally Posted by Go Blue 99 View Post
Well good news to report..we countered back and forth and they finally accepted our offer. We are getting it for $33,500 below the asking price, which is actually only $8,500 more than our initial low-ball offer. And this is on top of a 13% price drop they did on base prices recently. My agent and I looked at comps and this is a great value for the area. Even though the home won't be ready until March, it was considered an inventory home (b/c upgrades are already chosen). I think that helped with getting a deal.

We are going to sign the contract tomm. Hopefully no complications between now and closing!
Rate this post positively Reply With Quote Quick reply to this message
Old 10-29-2007, 07:38 PM
3,763 posts, read 11,742,273 times
Reputation: 6811

Blue, that was what happened to us. They'd slashed the prices in the final phase of their estate community here. So we are in about 100K to 150K below the neighbors who bought at the height of madness. We are at the top of our budget, but felt it was worth it for the investment and the property...

So when we got the $15+K off in additional to their pricing discounts, we were very happy!

I'm so happy you got it all worked out. Our house is to be ready in March too.. so we're on the same schedule!

Rate this post positively Reply With Quote Quick reply to this message
Old 10-29-2007, 11:07 PM
275 posts, read 1,497,749 times
Reputation: 82
Default Congrats

Congratulations even though I'm jealous. My family and I are getting to relocate next month and plan to buy within the next 6 months. I'm open to both resale and new construction but lately, I've seen huge prices drops in new construction homes. For example, a house that was $330 is now $250. Isn't that insane? I can't keep feeling like I'm going to miss my opportunity. I know, I know......patience. The same deals will be offered when it's time for us to buy. I guess I'm still confused as to the different terminology of new home construction. I know there are pre-construction homes, pre-inventory homes?? What other terminology are in new home construction? From what I've seen, the price reductions are being given on homes already built. The only thing about this, you have to take it as it is but hey, a home that was originally priced over $300k will have what I wanted in a house anyway. This is such an exciting times in our lives, espeically for first time home buyers as myself. I'm still jealous.. LOL.
Rate this post positively Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.

Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Real Estate
Similar Threads

All times are GMT -6. The time now is 05:53 PM.

© 2005-2022, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top