LIFamilies.com - Long Island, NY


RSS
Articles Business Directory Blog Real Estate Community Forum Shop My Family Contests

Log In Chat Index Search Rules Lingo Create Account

Quick navigation:   

Can you make a lower offer on pre-construction?

Posted By Message

CaMacho
Sisters :)

Member since 7/06

15112 total posts

Name:
Jess

Can you make a lower offer on pre-construction?

We're looking at some pre-construction townhomes in FL and the prices are set on the builders websites, but we weren't sure if those prices are negotiable? Anyone have any experience with this? TIA!

Posted 7/8/07 1:15 PM
 
Prudential Douglas Elliman Real Estate
Long Island's Largest Bridal Resource
  |   Long Island Weddings

IslandPrincess
LIF Adolescent

Member since 11/06

638 total posts

Name:

Re: Can you make a lower offer on pre-construction?

I just went to contract on condos that are being built now and they were at a set price - no negotiating at all.. If you went through them for financing, they did offer some deals, so you might want to look into that. We opted to go through out broker, but you never know - good luck!

Posted 7/8/07 1:35 PM
 

Nik09
LIF Adult

Member since 5/05

1982 total posts

Name:
Nikole

Re: Can you make a lower offer on pre-construction?

The prices are not negotiable. You may be able to negotiate some of the upgrades however. Good Luck!

Posted 7/8/07 1:50 PM
 

SweetestOfPeas
J'taime Paris!

Member since 3/06

32345 total posts

Name:

Re: Can you make a lower offer on pre-construction?

Posted by Nik09

The prices are not negotiable. You may be able to negotiate some of the upgrades however. Good Luck!

I agree. but I am not sure how the market is in FL. if the builder is desperate, they will negotiate. but I think that at minimum, you can try and neg freebie upgrades, better financing, etc. good luck

Posted 7/8/07 5:03 PM
 

jodi714
Love my little girl!

Member since 2/06

3621 total posts

Name:
Jodi

Re: Can you make a lower offer on pre-construction?

It depends on the market. My Brother and SIL negotiated on a pre-construction house and also got tons of upgrades during the process, but the market had slowed down and they needed to sell.

Posted 7/8/07 6:24 PM
 

Beth
The Key to your new home....

Member since 2/06

24849 total posts

Name:
Beth

Re: Can you make a lower offer on pre-construction?

Posted by SweetestOfPeas

Posted by Nik09

The prices are not negotiable. You may be able to negotiate some of the upgrades however. Good Luck!

I agree. but I am not sure how the market is in FL. if the builder is desperate, they will negotiate. but I think that at minimum, you can try and neg freebie upgrades, better financing, etc. good luck



I agree with all this- and I would also ask for them to pay the closing costs

builders in FL are not doing well right now- my SIL used to work for a major one- good luck!

Posted 7/8/07 6:25 PM
 

Nicole728
My Happy Girl

Member since 7/06

8198 total posts

Name:
Me

Re: Can you make a lower offer on pre-construction?

Posted by CaMacho

We're looking at some pre-construction townhomes in FL and the prices are set on the builders websites, but we weren't sure if those prices are negotiable? Anyone have any experience with this? TIA!



We bought new construction and we could not negotiate the price at all...the builder would not budge...however sometimes you can negotiate upgrades and certain builders might have incentives; ours was that they paid half of our closing costs

Posted 7/8/07 8:57 PM
 

CaMacho
Sisters :)

Member since 7/06

15112 total posts

Name:
Jess

Re: Can you make a lower offer on pre-construction?

We will def ask about the closing costs and free upgrades. Thanks!!!

Posted 7/8/07 9:07 PM
 

counselor74
LIF Adolescent

Member since 5/07

806 total posts

Name:

Re: Can you make a lower offer on pre-construction?

Not negotiable on new construction. The only way to keep price down is to not choose the high end items and upgrades. Sometimes that isn't even an option.

Posted 7/8/07 9:13 PM
 

MrsRivera
2 under 2...whew!!

Member since 2/07

9876 total posts

Name:
Beth

Re: Can you make a lower offer on pre-construction?

We bought a new construction home, and the price was completely firm. We did get them to pay us $2000 toward the closing costs though (and that meant we only had to pay $2200 at closing!) Chat Icon

Posted 7/9/07 10:14 AM
 

CaMacho
Sisters :)

Member since 7/06

15112 total posts

Name:
Jess

Re: Can you make a lower offer on pre-construction?

Posted by MrsRivera

We bought a new construction home, and the price was completely firm. We did get them to pay us $2000 toward the closing costs though (and that meant we only had to pay $2200 at closing!) Chat Icon



Awesome!!! We are def going to keep this in mind when we do decide on a pre-construction. It can't hurt to ask.

Posted 7/9/07 5:09 PM
 

sunnyplus3
:)

Member since 11/05

8749 total posts

Name:

Re: Can you make a lower offer on pre-construction?

If I were looking Florida I'd look for communities that have already started building in the last 6-12 months. Alot of builders down there are having a hard time selling out & will make deals on the rest of the unsold new units. The other advantage is you might be one of the last move in instead of the first. When you are first you have to live through a year or two of an unfinshed community & constant construction.

Posted 7/9/07 11:18 PM
 
 

Potentially Related Topics:

Topic Posted By Started Replies Forum
does anyone ever get the gevalia offer and then cancel? raken40 3/20/06 10 Families Helping Families ™
Our offer was accepted!!! Charly 3/5/06 3 Home
Update...we made an offer. Stefanie 2/24/06 43 Home
? re: putting in an offer beena 2/23/06 11 Home
So we got our first offer... Stefanie 2/21/06 31 Home
Anyone have this happen after an offer? wilandnet 1/20/06 1 Home
 
Quick navigation:   
Currently 309646 users on the LIFamilies.com Chat
New Businesses
1 More Rep
Carleton Hall of East Islip
J&A Building Services
LaraMae Health Coaching
Sonic Wellness
Julbaby Photography LLC
Ideal Uniforms
Teresa Geraghty Photography
Camelot Dream Homes
Long Island Wedding Boutique
MB Febus- Rodan & Fields
Camp Harbor
Market America-Shop.com
ACM Basement Waterproofing
Travel Tom

      Follow LIWeddings on Facebook

      Follow LIFamilies on Twitter
Long Island Bridal Shows