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Old 2010-09-22, 05:40 PM
Homeyhome Homeyhome is offline
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Lightbulb Negotiating?

Hi All!

This is my first post, and I am looking for advice on what you can negotiate for in a new home? I know it's really difficult, especially when homes are in high demand, but is there any wriggle room? Would we be fools not to negotiate for anything?

You may reply here, or PM me, I would be happy with either or, I just want to have a spine this week when we go into the sales center.

Homeyhome
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Old 2010-09-22, 06:01 PM
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xdarrylx xdarrylx is offline
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I was able to negotiate the design center bonus up from $5,000 that was included to $6,000 - doesn't hurt to ask!

I asked for more actually, but because they had sold 9 houses that week it seemed to take away from my ability to make a case. Still, an extra $1,000 is still nice so I'd definitely add that into whatever additional you'll be asking/negotiating for!

You can negotiate closing dates, lot premiums, and all kinds of other stuff. Now whether they accept is another matter entirely. LOL!
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Old 2010-09-23, 07:41 AM
MattG187 MattG187 is offline
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I would advise you to be prepared with a number that you would like the builder to give you in design centre bonuses.

You will have a stronger case if you are ready to buy that day and if they are not willing to give in then you need to be willing to walk.

Matt
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Old 2010-09-23, 08:16 AM
Fingers Fingers is offline
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I was able to negotiate $5000 DC to $10000.

You can also negotiate down the cost of a lot premium if it has undesireable features like a transformer box.
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Old 2010-09-23, 08:10 PM
Homeyhome Homeyhome is offline
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Great advice so far..thank you!
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Old 2010-09-23, 09:24 PM
lexy lexy is offline
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In our offer we asked for more in upgrades it may help your case if you provide a check in the amount of the first deposit just to show that your serious. This way they may be more inclined to give you what you ask for or at least come back with a decent counter offer.
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Old 2010-09-23, 09:34 PM
Fingers Fingers is offline
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also dont bother negotiating with sales reps. they hold no power. ask them to present your terms to head office.
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Old 2010-09-24, 07:59 AM
everbell everbell is offline
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We negotiated how to pay the downpayment. The builder was very flexible since the downpayment is a large chunk of cash.
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Old 2010-09-24, 08:09 AM
daytripscanada daytripscanada is offline
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Quote:
Originally Posted by everbell View Post
We negotiated how to pay the downpayment. The builder was very flexible since the downpayment is a large chunk of cash.
Likewise... we were able to purchase with just $1000 deposit with the remainder being paid in chunks over 4 months. Originally they wanted over $25k up front.

Also, you can sometimes negotiate specific upgrades at discounted rates into the purchase price. I didn't do this but others have told me they were able to get things like oak stairs, 9ft ceilings, cantinas etc. included into the original on-the-spot purchase price at discounted rates.

i.e. house is 350k. 9ft is 8k, stairs is 5k. Offer 359k for everything.
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Old 2010-09-25, 07:07 PM
Homeyhome Homeyhome is offline
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Thanks everyone!
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