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nov04libride
big brother <3
Member since 5/05 14672 total posts
Name:
Me
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Spinoff...How much below asking for new construction?
We are going to see a new construction Colonial. I got a feel for appropriate prices for existing homes in the area, but generally is there much room to negotiate with new construction? All appliances, etc. are included, so it's not like we can say leave them out to save money.
How much below asking can we reasonably offer for new construction? This is in Suffolk, if that matters.
Message edited 7/1/2008 10:32:52 AM.
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Posted 7/1/08 10:32 AM  |
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Prudential Douglas Elliman Real Estate
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cgdg61606
Little Brother Christopher
Member since 2/07 6815 total posts
Name:
Christine
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Re: Spinoff...How much below asking for new construction?
We bought a new construction in Nassau in December 06. There was no room at all for negotiation. The builders all wanted asking price.
Sorry!
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| Posted 7/1/08 11:26 AM |
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MegZee
My bunny
Member since 5/06 8777 total posts
Name:
Meaghan
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Re: Spinoff...How much below asking for new construction?
Ive heard that you really cant negotiate on price with new construction -
what if you ask them to pay your closing costs?
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| Posted 7/1/08 11:38 AM |
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ladybug78
LIF Adolescent
Member since 1/06 719 total posts
Name:
K
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Re: Spinoff...How much below asking for new construction?
In this market, I think you should try to negotiate...A few months ago, we went and saw a new construction home and the builder was there and said that he was negotiable on price..The house had been on the market for a little while and he wanted to get rid of it at that point...Good luck!
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| Posted 7/1/08 11:54 AM |
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Kissy331
My two miracles!
Member since 5/06 17826 total posts
Name:
Kristen
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Re: Spinoff...How much below asking for new construction?
My BIL is looking at 2 new constructions in Suffolk & there DEFINATELY is room for negotiating....
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| Posted 7/1/08 12:00 PM |
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Theresa05
Sofialiciciousssssssssssss
Member since 10/06 4891 total posts
Name:
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Re: Spinoff...How much below asking for new construction?
I am buying a new construction and they give you $$ towards options but in the end its all the same.. they want their asking price bottom line..
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| Posted 7/1/08 12:13 PM |
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nov04libride
big brother <3
Member since 5/05 14672 total posts
Name:
Me
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Re: Spinoff...How much below asking for new construction?
Posted by Kissy331
My BIL is looking at 2 new constructions in Suffolk & there DEFINATELY is room for negotiating....
Thanks everyone, I hope it is true for us that there is room for negotiating!!!! It's beautiful and from the pictures seems like just what I always wanted. 
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| Posted 7/1/08 1:54 PM |
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luvsun27
Check out my cool glasses
Member since 5/05 8135 total posts
Name:
Kim
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Re: Spinoff...How much below asking for new construction?
FM!
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| Posted 7/1/08 3:51 PM |
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MrsD06
LIF Toddler
Member since 9/07 478 total posts
Name:
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Re: Spinoff...How much below asking for new construction?
I asked this question recently myself and several people told me that there absolutely IS room for negotiation w/ new construction in this market. The one thing I think might affect this is if the home is in a development or not b/c I would think that the builder wouldn't want to go too low in a development b/c it could affect the price of the other homes?? But that's just speculation!
Good luck!!
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| Posted 7/1/08 4:44 PM |
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Beth
The Key to your new home....
Member since 2/06 24849 total posts
Name:
Beth
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Re: Spinoff...How much below asking for new construction?
builders are taking a hit - I wouldn't pay asking price in this market
even at the height of the market on LI they were giving car leases away with new homes
I would at the very least expect to get some upgrades and the closing cost paid
good luck!
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| Posted 7/1/08 4:45 PM |
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HomeIsWithU
Baby #2 on the way!
Member since 9/07 7816 total posts
Name:
Jenn
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Re: Spinoff...How much below asking for new construction?
We just bought new construction (we closed on Friday) and there was no room for negotiation. The builders refused to take anything less than asking price. They did pay closing costs, but that's it.
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| Posted 7/1/08 6:47 PM |
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monters
Back in LI!
Member since 5/05 1525 total posts
Name:
Robyn
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Re: Spinoff...How much below asking for new construction?
no negotiation on new homes.. in LI anyway...we bought in Suffolk county new and closed in december..
good luck to you!
what town are you looking?
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| Posted 7/1/08 7:57 PM |
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TJLealand3
LIF Adolescent
Member since 6/07 839 total posts
Name:
Thomas
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Re: Spinoff...How much below asking for new construction?
Negotiation is possible for everything, the real question is not how much the seller bends, it's how much you are willing to give.
If I want a home and am only willing to pay X amount, but the seller or builder wants Y, the real question is are you willing to bend or play hardball and get the best deal.
Buying a house is like buying a car, I use the same principle, WALK AWAY!!!!!
Message edited 7/1/2008 9:09:57 PM.
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| Posted 7/1/08 9:08 PM |
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