Profile picture for aaron20002000

Trade stories on Builders Discounting

I've seen Pulte offer a house listed for $529k, willing to sell at $445k

Anyone else have similar stories, or specifics of deals available?
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November 18 2007 - US
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Is this in AZ?
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November 18 2007
Profile picture for aaron20002000
Tennessee
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November 18 2007
Profile picture for BuyEqualsRent
The major builders are doing it in Florida and the inland empire of California, mainly. The whole "midnight madness" thing is such a joke in real estate, because you've just set the comps for the whole neighborhood. So saying "You have to act fast before we raise the price back up!" is so obviously hype it's sad.
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November 18 2007
Profile picture for giaimo13

Pulte just sold me a house "listed" at $359K, for $334K, plus gave me $2k towards closing costs and another $5k rebate when I prepaid for the house prior to closing. They will work with you on price - especially if you have no realtor.

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March 18 2008
Profile picture for whitetower67

Pulte just sold me a house "listed" at $359K, for $334K, plus gave me $2k towards closing costs and another $5k rebate

 

A seller desperate enough to come down $25K+ would likely come down further.

 

 

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March 18 2008
Profile picture for kingcopper

Sure am glad we don't have national homebuilders in my area!  If you live in an area with this garbage; get out while you can!

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March 19 2008
Profile picture for 2 Big 2 Fail

In my area, 97% of the new construction is done by local builders, not the publicly traded ones.  As far as I know they are not giving any incentives.  If they are, then they are clearly not advertising them. 

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March 19 2008
Profile picture for giaimo13
You replied:
"A seller desperate enough to come down $25K+ would likely come down further."


True, but an inexperienced buyer like me didn't realize that. Where the hell were you when I was making this deal? LOL

:-)
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August 13 2008
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August 13 2008
 
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