View Single Post
Old 05-27-2009, 03:35 PM   #632
Bill Bumface
My face is a bum!
 
Bill Bumface's Avatar
 
Join Date: Feb 2003
Exp:
Default

Quote:
Originally Posted by troutman View Post
Get a good realtor to do the negotiations for you. As a buyer, you don't pay commissions.
Like he says though, the builder will save ~$5500 if he doesn't buy with a Realtor.

I'd offer 230K. People seem to be big fans of meeting in the middle. Prepare to walk away when they don't drop as fast as you are going up during the negotiation. Near the end of the negotiation tell them 240K, that's all you can do budget wise, so if they can't do it, see yah. Wait for the call to come back with them offering something stupid like 241,500. Tell them again, 240K, that's it. Wait for return phone call again when they say they'll take it.

The good part is buying new there isn't the added pressure of the house you really like dissapearing. You have nothing but time. If you haven't already, get a formal preapproval so you have your rate held.
Bill Bumface is offline  
The Following User Says Thank You to Bill Bumface For This Useful Post: