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/u/CuriousThinker2424
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I am currently building a new home, started in May and should be closing in February. The list price was dropped from 508k to 478K (30K total) just a month or 2 ago, but we already contracted at the original list price. We have about 70K of additions added in, with a 15K discount offered at buying (563K final price).
We are one of the first buyers in this neighborhood and can see they’re dropping prices due to low buying activity as the market cools.
I only put 10K down to build the home, is it possible to negotiate final price before closing since they’ve dropped prices? What would be the smart thing to do in this situation?
submitted by /u/CuriousThinker2424
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Building new home, builder dropped prices
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We are one of the first buyers in this neighborhood and can see they’re dropping prices due to low buying activity as the market cools.
I only put 10K down to build the home, is it possible to negotiate final price before closing since they’ve dropped prices? What would be the smart thing to do in this situation?
submitted by /u/CuriousThinker2424
[link] [comments]
Building new home, builder dropped prices
Continue reading...