Update!!What should I counter offer

[jeebuss31]

Hey guys, since everyone is so helpful, I wanted to give you guys an update. Here is the link to older thread http://www.savingadvice.com/forums/g...ter-offer.html


So I basically email the builder A and let him know that Ive been working with another builder that can produce the same floor plan at the lower price. I then made an offer of $395,795 to builder A and he took it. What's nice is that he's allowing me to go meet the other builder before I make the decision. What do you guys think?

[LuxLiving]

allowing you? ummm, I don't give any one 'my' power. You already have the power. He needs to sell - you only WANT to buy. I would assume you are in the drivers seat.

[sounderella]

I agree with Lux. As bad as the market is especially in that price bracket you call the shots. So I would def talk to the other builder B...if builder B knows your talking to builder A he might go even lower or at least throw in some upgrades at no additional cost.

[jIM_Ohio]

you better have the other builder- if you are deceiving him, it could come back to bite you.

[jeebuss31]

you better have the other builder- if you are deceiving him, it could come back to bite you.

I have better ethics than that. In fact, these 2 builders build in similar subdivisons. Both builders are very good infact they praise each other. To me, this is a huge bargaining method and I intend to use it.

On the side note, is it desirable to have a a partial finished basement with a 3/4 full bath? This model comes with it but not a Den, so I'm just trying to weigh my options..

[jIM_Ohio]

at minimum rough in a bathroom in the basement, so you can finish it later.

[jeebuss31]

Well we finally got the deal we wanted and now comes the contract part. I'm going to pick up the spec contract and look it over for a couple of days? Are there anything I should be cautious/aware of? Should I pay an attorney to look over this before signing?

After we sign, what are the next steps?