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Roman Mena wrote:

Is it realistic to ask for a 20-25% reduction on a new home?

The worst that the seller can say is no. Best case is the seller accepts the offer or sends you a counter.The seller has obligation to disclose to you any problems with the house ( except bank owned homes). You can always ask for a transfer disclosure bbefore writing the offer.Hope this helps and best of luck with your purchase
May 24 2011