So my question is this: my wife and I are considering purchasing a new home from a home builder.....

Let's call them Rennar. The area is good. We have been renting in the area for a little over two years. Kids have been in local schools here for that length of time and purchasing one of the new homes would keep them in the same schools. The wife likes the homes.

The question is this: we are currently at a place where we can fairly easily afford one tier of the new builds, but are just shy of an upper tier. I am not willing to dip into emergency savings, etc to purchase. So our options are:
1) buy the lower tier and accept it
2) wait 4-6 months and buy the upper tier if there are any left.
3) See if builder will accept 5-7k less than lost price.

The question I am posing is because currently there is only one of the upper tier the wife likes that is available and do not know how many more will be built in the area in question.

We are about 5K-7K short of being able to afford this upper tier within my parameters. What are the odds a new home builder would be able to negotiate down on price that much? The wife thinks no way. I think maybe depending on whether we are serious buyers. But I honestly have no clue.

I would HUGELY appreciate any help and advice from you guys. Thanks and BTHO Bama today!

NSIAP: I looked through two pages on the boards and did not see this subject posted. So sorry if this has already been covered!

All you can do is ask; the worst they can say is "No". You have nothing to lose by putting in an offer you are comfortable with.

As a side note, I bought a Village Builders (which is owned by Lennar) home a few years ago. They accepted my offer that was $15k below their asking price, took out two rooms of carpet and replaced it with hardwood, installed a few extra cabinets, redid the drainage, and gave me a refrigerator (and probably could have gotten a washer and dryer, too). What you're asking for is minimal in the grand scheme of things, assuming the home you are interested in is already built (it's a different ballgame if it's in progress or construction hasn't started, yet).

5-7k below list is not a big ask. They probably take that offer all day.

that's 2-3 mo savings - just do it - that whats it for.

Ags4DaWin said:

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So my question is this: my wife and I are considering purchasing a new home from a home builder.....

Let's call them Rennar. The area is good. We have been renting in the area for a little over two years. Kids have been in local schools here for that length of time and purchasing one of the new homes would keep them in the same schools. The wife likes the homes.

The question is this: we are currently at a place where we can fairly easily afford one tier of the new builds, but are just shy of an upper tier. I am not willing to dip into emergency savings, etc to purchase. So our options are:
1) buy the lower tier and accept it
2) wait 4-6 months and buy the upper tier if there are any left.
3) See if builder will accept 5-7k less than lost price.

The question I am posing is because currently there is only one of the upper tier the wife likes that is available and do not know how many more will be built in the area in question.

We are about 5K-7K short of being able to afford this upper tier within my parameters. What are the odds a new home builder would be able to negotiate down on price that much? The wife thinks no way. I think maybe depending on whether we are serious buyers. But I honestly have no clue.

I would HUGELY appreciate any help and advice from you guys. Thanks and BTHO Bama today!

NSIAP: I looked through two pages on the boards and did not see this subject posted. So sorry if this has already been covered!

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If you are in D/FW, give shoot me an email...I'm a TexAgs sponsor (have been for a decade) and have helped lots of fellow Ags in purchasing new construction. I'd happily help you negotiate the best possible price (hopefully over and above the numbers you mentioned), help you through inspections, help you through walk throughs, and be your advocate through the process.

Thanks!

Cody@MyRobinsonTeam.com or my cell is 972-365-0432


Cody