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When I was looking at condos, townhouses and SFH. I would only consider buying a condo if it was an end unit. I've lived near to loud neighbors before and this cuts the chances in half or a third that you will be next to one.
Love, love, love my end unit. Larger lot, more privacy, no neighbors directly across or behind me due to positioning.
15K is a bargain, adds about $15 per month to the payment. You will not regret your decision.
While I agree with all of your points and think it's well worth it, you may want to check your math on that monthly payment. $15K at 4% over 360 months is about $72 bucks or almost 5 times the $15 you mentioned.... Not a huge factor, but could be an issue for some.
The fact that they are raising prices near the end of the project, is very common. Prices that a housing project start at, are never the same as the final units are sold at, unless it is a very flat market in a certain area. They start sales, in the least desirable part of the housing development, with lower prices to get the property up and selling. By the time they get to the end, prices will be for more desirable units, and/or prices have increased in the area. Often construction costs have increased forcing prices up.
I understand why they're raising prices. I just find it annoying that we got in at the "old" price, but because we're switching units they are charging us the new price on TOP of the standard amount for the end unit.
I understand why they're raising prices. I just find it annoying that we got in at the "old" price, but because we're switching units they are charging us the new price on TOP of the standard amount for the end unit.
Were you not able to buy an end unit pre construction or during the early selling stage?
Were you not able to buy an end unit pre construction or during the early selling stage?
When I signed the paper the interior unit there were no end units available (all sold). However, I told the salesperson I would be interested in an end unit if one of the current buyers fell through (and about three weeks later one did).
While I agree with all of your points and think it's well worth it, you may want to check your math on that monthly payment. $15K at 4% over 360 months is about $72 bucks or almost 5 times the $15 you mentioned.... Not a huge factor, but could be an issue for some.
11 pm.....little wine, lots of whine....I stand corrected.
Not a day goes by that I regret my not facing anyone front or back, one neighbor on the side, quiet as can be.....but we also have 1970's partywalls with 3 feet of cinderblock, 4' wide hallways and staircases, all with the old hardwood floors they don't use anymore.....all that makes for a great sound barrier. It's also hell hanging a picture here.....need a drill for block on all exterior and party walls. I still have art to go up on the walls. Sigh......
I understand why they're raising prices. I just find it annoying that we got in at the "old" price, but because we're switching units they are charging us the new price on TOP of the standard amount for the end unit.
They are charging you the current price for an end unit. The current price, is the price they will sell it to anyone for, you just got first chance to buy it. If you don't take it, it is the price they will sell it to someone else, and it will sell quickly.
It really is not fair to the builders, to expect them to make an exception and take a financial loss, and charge you the discounted price it formerly sold for. Remember, building housing projects is how they make their living, and getting the current price for any unit they sell, is very important to their profit picture. They build to make a profit, and giving special deals to anyone including you, would not be fair to them, or other potential buyers who had to pay a higher price.
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