Discounts

Closed Thread
Thread Tools
  #1  
Old 11-04-2016, 03:13 PM
cms36 cms36 is offline
Senior Member
Join Date: Jun 2013
Location: Reston, VA
Posts: 107
Thanks: 0
Thanked 2 Times in 2 Posts
Default Discounts

We are looking at a new home that has been discounted. Has the developer ever dropped the price more than once?
  #2  
Old 11-04-2016, 03:26 PM
jgm3279 jgm3279 is offline
Senior Member
Join Date: Sep 2014
Posts: 328
Thanks: 0
Thanked 1 Time in 1 Post
Default

I have seen a new home in the Osceola Hills Soaring Eagle area discounted more than once. Don't let someone else get it first though if you sit back waiting for that to happen, if it's what you really want in a great location!
  #3  
Old 11-04-2016, 03:35 PM
John_W John_W is offline
Sage
Join Date: Jan 2011
Posts: 6,390
Thanks: 2,172
Thanked 2,954 Times in 1,160 Posts
Default

Quote:
Originally Posted by cms36 View Post
We are looking at a new home that has been discounted. Has the developer ever dropped the price more than once?
We took a LSV (lifestyle visit) in April 2011 and looked at patio villas, CYV (courtyard villas) and cottages and then went back to Maryland. We listed our home two weeks later and sold it the next morning to the first people to visit. It left us with a budget of $163K cash and we didn't want a mortgage.

I called my salesman Tony Trussler and said I have my eye on a new Cabot Cove patio villa with white cabinets and a dutch gable roof that we like to buy in the Village of Buttonwood for $140K and pay the bond of $10K. Tony said in the Village of Tamarind Grove, which is one village south, in their Southern Star Villas they are down to the last 5 units out of 88 villas. A 2 BR Durham that was $169K has been reduced to $162K. While we were talking about the advantages of having a privacy fence and masonry instead of stick built, and in the next villa community of Montbrook he said that model is now selling for $179K. Then he said that home has been reduced again, it is now $157K. It was such a deal we couldn't turn down, so we bought it over the phone sight-unseen. Resales like ours are now selling for between $215K to $230K.

If you don't have a salesman, call and ask for Tony Trussler, he's the best. Do a search on this website using the search button above, you'll find he's been the best for many others as well. When we bought the home sight-unseen, Tony and his wife rode over in his golf cart and took photos inside and out and emailed them to me that night. There was no photo on the website yet since the home was so new. I'll be seeing Tony in a couple of weeks, we've been invited to his annual thank you dinner for the fifth year in a row at Katie Belle's. He's has a British accent and he's great to work with. Tell him what you're looking for, and he'll help you out.

Last edited by John_W; 11-04-2016 at 03:41 PM.
  #4  
Old 11-04-2016, 04:01 PM
dewilson58's Avatar
dewilson58 dewilson58 is offline
Sage
Join Date: May 2013
Location: South of 466a, if you don't like me.......I live in Orlando.
Posts: 11,591
Thanks: 851
Thanked 9,774 Times in 3,642 Posts
Default

Yes.

Wait too long, it might be gone............it's a difficult game.
  #5  
Old 01-11-2017, 01:23 PM
cms36 cms36 is offline
Senior Member
Join Date: Jun 2013
Location: Reston, VA
Posts: 107
Thanks: 0
Thanked 2 Times in 2 Posts
Default

Not that I'm playing the waiting game but I see prices for a few houses Ive been watching in Pine Hills have dropped a 2nd time.
  #6  
Old 01-11-2017, 02:22 PM
graciegirl's Avatar
graciegirl graciegirl is offline
Sage
Join Date: Mar 2008
Posts: 40,008
Thanks: 4,856
Thanked 5,507 Times in 1,907 Posts
Send a message via AIM to graciegirl
Default

Quote:
Originally Posted by cms36 View Post
Not that I'm playing the waiting game but I see prices for a few houses Ive been watching in Pine Hills have dropped a 2nd time.
This isn't the buying time of the year. Good time to buy.
__________________
It is better to laugh than to cry.
Closed Thread

Tags
developer, dropped, price, discounted, home


You are viewing a new design of the TOTV site. Click here to revert to the old version.

All times are GMT -5. The time now is 05:43 PM.