You should always negotiate the price of anything with a HIGH dollar amount. Just like a car, buying a new house, or having one built for you. The asking price is on the high end and if you are willing to pay it, they are willing take it.
I found in price negotiating, the hungrier the seller is, the better the price.
If the builder NEEDs to sell homes to generate cash flow, he is more likly to lower the price.
To answer you next question, I know one have the answer to it but I just thought I would expand on it.
This answer could fit a lot of circumstances. When ever you are buy something, be sure you know what you are getting for your money. If you and the builder agree on a price, be sure you have it in writing along with what you are getting.
So he lowers the price for you, you may have started out with "Top of the Line" appliances. When you move in you may fine lower priced, standard appliances. That's just an example. You need to know how is he going to save money so HE makes his profit. What I worry about is what I can't see. Did he take some short cuts behind the walls, so to speak.
Posts: 1616 | Location: Cleveland, OH. US of A | Registered: 06-03-02
Thank you, so much, for responding. What you said makes perfect sense, to me. I was concerned about possible "short-cuts" too. Now, what we will do is negotiate the interest rate, closer to what we believe is fair, instead.