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Article #6311

Buying a spec. home from builder

#6311
From: Rizwan Mithani
Date: Mon, 23 Jan 1995 16:29
46 lines
2469 bytes
We are lookin at a spec. home by PULTE Builder, and I had some
questions.

1. Any one have any  good or bad experiences with PULTE esp. in the
DFW area?

2. How do you negotiate the price on a spec. home. Is it similar
to making an offer for an existing home?

3. This home is in a new sub-division (less than one year old)
consisting entirely of PULTE Homes. How do you go about finding
the price on similar homes that were sold by PULTE in the sub-
division? They would not be in an MLS?

4. Is there any advantage on having a Realtor for making an offer
or would an attorney suffice?  Will the builder accept the fact
that we are not using a Realtor, and so he should pass on the
commision (of 3%) by reducing our purchase price?

5. As this is a newly built home, does one skip the requirements
of termite inspections and general home inspection. Would this
stuff be covered by the builder's warranty, anyway?

6. Can you ask the builder to give you a Window treatment allowance?
How do you estimate the cost of reasonable window treatments?
(this is a 4 BR / 2 LA home)

7. Can you ask the builder to pay closing costs and/or points?

8. How do you tactfully tell the builder that you are not interested
in his 100& financing schemes without putting them off. I can
get my own financing at much better rates than the builder is 
offering. I can make a good down payment, but I do not want to
jeopardize my negotaiting power by letting the builder know this.

Thank you for any and all responses.



-- 
--
Rizwan Mithani	(Rizwan_Mithani@i2.COM)				
I2 Technologies, 1603 LBJ Fwy, 7th Floor, Dallas, TX 75234
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From: mithani@i2.COM (Rizwan Mithani)
Subject: Buying a spec. home from builder
Message-ID: <D2v9sw.5Fs@i2.COM>
Organization: Intellection, Inc.
Date: Mon, 23 Jan 1995 16:29:11 GMT
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