Cain I qualify

[Anonymous]

My only other addition is if you are looking at new construction that says $200k it won't really be $200k.

[jwpezd]

Sorry it's an inventory home so it's listed at 199k as completed by builder. We thought about starting from zero but really like this inventory house.

[Anonymous]

If it is an inventory home, the price is as stated. We are buying a fully upgraded inventory home as well.

[Anonymous]

Go see a LO or Broker and get a pre-approval unless you want to use the builders Lender if they have one.

Some people benefit using builders Lender and some dont.

[Anonymous]

I received $15K in incentives for using the builder's lender. $10K for $8K in closing costs, which pays them in full and $5K of the price of the home. It could have been allocated differently. The experience just isn't as personal, similar to like going through a big Bank. It was a much more "all about you and your finances, family, life in general" atmosphere with a Broker. If you go through the Builder's lender, you will work with a LO and loan processor instead of a broker and LO.

[jwpezd]

Dumb question can you negotiate price with new construction?

[Anonymous]

You can negotiate price with any one. Does not mean they will accept your offer. But I am with you I negotiate everything. Even when at grocery store I always say cant you do better!!

[DallasLoanGuy]

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@jwpezd wrote:
Dumb question can you negotiate price with new construction?

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yes. but you would likely need a realtor for that.

here is the deal:  if you negotiate a better deal.... that deal is now a comparable sale.... so when you try negotiate your price, they are negotiating all future builds in that subdivision.

short answer... they are more likely to give you 'free' upgrades than negotiate on purchase price.