Builder upgrade incentives - do they lower the overall contract price of the house?We have an agent, but they won't be able to answer our question until Monday, so I will post here in the mean time. We are building a new construction with a big builder, and they've provide us with about $20,000 in incentive upgrades. If we are looking at building a $350,000 house, and are looking at doing $50,000 in upgrades, will the contract price (that needs to meet appraisal at closing) be $350,000 + $50,000, or will it be $350,000 + $50,000 - $20,000? Thanks!March 22 2013 - Orlando00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.