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-   -   Negotiating a price with TV on Spec Home (https://www.talkofthevillages.com/forums/villages-florida-new-members-forum-115/negotiating-price-tv-spec-home-343937/)

Danth1980 09-07-2023 07:41 AM

Negotiating a price with TV on Spec Home
 
On previously owned homes we can negotiate a price with the seller. Buying a new build in TV we are told what the price is after design meetings, and I believe that price is final with no negotiating. What about buying a Spec house from TV, can we negotiate a price on a Spec home? I would think with nearly 300 new builds currently on the market and more being added every few days they would deal on price.

retiredguy123 09-07-2023 07:44 AM

I doubt it. The Villages would be very foolish to start negotiating the price of their new houses individually. When houses don't sell, they issue a price reduction.

Rainger99 09-07-2023 08:17 AM

When we bought, we were told that they don't negotiate the price. The price is the price. If we made a deposit, it was ours - even if someone came by an hour later and offered $50,000 more. Although to be honest, I don't know if that has actually happened! I have not heard of a bidding war on spec homes.

Stu from NYC 09-07-2023 08:23 AM

I think that would set a very dangerous precedent so doubt if they would

Papa_lecki 09-07-2023 08:26 AM

Quote:

Originally Posted by Danth1980 (Post 2253955)
On previously owned homes we can negotiate a price with the seller. Buying a new build in TV we are told what the price is after design meetings, and I believe that price is final with no negotiating. What about buying a Spec house from TV, can we negotiate a price on a Spec home? I would think with nearly 300 new builds currently on the market and more being added every few days they would deal on price.

No negotiations on new construction.
The demand for homes is too great. They don’t need to negotiate, if you don’t want it at their price, there are 15 people behind you on the wait list. One of those 15 will pay their asking price, many would pay above asking.

If you want to negotiate, go pre-owned. But the demand is the similar

LuvtheVillages 09-07-2023 08:29 AM

Having 300 new builds on the market is not a negotiating point. That is only about 3-4 weeks inventory.

margaretmattson 09-07-2023 10:31 AM

Quote:

Originally Posted by LuvtheVillages (Post 2253991)
Having 300 new builds on the market is not a negotiating point. That is only about 3-4 weeks inventory.

I have noticed you can save quite a bit of money if you are one of the last to purchase a home in a new village. The developer has moved on to another area and drops the prices of the few homes that are remaining Of course, your selection is limited. These are the homes no one showed any interest in.

retiredguy123 09-07-2023 10:37 AM

Quote:

Originally Posted by margaretmattson (Post 2254049)
I have noticed you can save quite a bit of money if you are one of the last to purchase a home in a new village. The developer has moved on to another area and drops the prices of the few homes that are remaining Of course, your selection is limited. These are the homes no one showed any interest in.

Pennywise and pound foolish. You are better off being one of the first to purchase.

margaretmattson 09-07-2023 10:56 AM

Quote:

Originally Posted by retiredguy123 (Post 2254052)
Pennywise and pound foolish. You are better off being one of the first to purchase.

How? The developer never tells anyone what or where he is building next. It is a crap shoot for everyone. Today your new home and area may be prime real estate, in 6 -12 months, not so much.

Two Bills 09-07-2023 11:02 AM

Quote:

Originally Posted by margaretmattson (Post 2254055)
How? The developer never tells anyone what or where he is building next. It is a crap shoot for everyone. Today your new home and area may be prime real estate, in 6 -12 months, not so much.

Pretty sure 'retired' is saying there is always a reason why the last house in any development, is often hard to sell, and often discounted.
Lets face it. It wont be the best location, layout, and build in the area!

retiredguy123 09-07-2023 11:07 AM

Quote:

Originally Posted by margaretmattson (Post 2254055)
How? The developer never tells anyone what or where he is building next. It is a crap shoot for everyone. Today your new home and area may be prime real estate, in 6 -12 months, not so much.

An experienced agent can help you with that. I have been shown new houses before they go on the market. It may not be according to the rules, but it happens.

margaretmattson 09-07-2023 11:09 AM

Quote:

Originally Posted by Two Bills (Post 2254056)
Pretty sure 'retired' is saying there is always a reason why the last house in any development, is often hard to sell, and often discounted.
Lets face it. It wont be the best location, layout, and build in the area!

I believe I stated that in my first post. But, if saving money is your only concern, then buying last is an option.

margaretmattson 09-07-2023 11:22 AM

Quote:

Originally Posted by retiredguy123 (Post 2254061)
An experienced agent can help you with that. I have been shown new houses before they go on the market. It may not be according to the rules, but it happens.

Not quite what I meant. A realtor doesn't tell you what is coming down the pipeline. Look at Dabney. Is section 84 really going to be worth investing in? Or, does the Developer have another premier area planned in the area of Eastport? Or, does he plan on building premier homes in several locations? He has already built some in Middleton. And, who is to say, in the end, which will be better?

retiredguy123 09-07-2023 11:33 AM

Quote:

Originally Posted by margaretmattson (Post 2254065)
Not quite what I meant. A realtor doesn't tell you what is coming down the pipeline. Look at Dabney. Is section 84 really going to be worth investing in? Or, does the Developer have another premier area planned in the area of Eastport? Or, does he plan on building premier homes in several locations? He has already built some in Middleton. And, who is to say, in the end, which will be better?

I would suggest that you order a crystal ball from Amazon.

Stu from NYC 09-07-2023 11:56 AM

Look at the area being built (goldwing will show us that on his videos) and talk to an experienced agent. Believe they have access to the lot layout and can guide you as to the designer home that can fit on a lot you want.


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