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Silly offers on new builds

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Comments

  • mbga9pgf
    mbga9pgf Posts: 3,224 Forumite
    I am not!!! If anything, it gives you a chance to second haggle, or at least get a few extras thrown in for nowt (greenhouses etc).
  • We recently offered on a stock plot. The developer's end of financial year is December and it was the last plot remaining of the year. We wanted to part-ex our house. They would NOT budge ONE PENNY on the price of their plot, but offered a fraction more for our house. They claimed they were offering us prime for our house, when i know better because i had valuations myself (and no, i'm not being unrealistic, i know what to expect for ours and am not expecting too much).

    So, anyway. :) If you don't have a house to part ex you will be in a better position than we were, but i still wouldn't expect anything amazing. They're all buoyed by this recent prices bounce and will hold out for more money.

    On saying that, i don't see the harm in making a low offer. They can only say no. Just make sure they know you're serious.
    Sarah. :p
    DD is 8 years old DS1 is 6 years old
    DS2 is 14 months old
  • We recently offered 243000 and had it accepted on a new build listed at 275000 (devon area George Wimpey) we subsequently pulled out as we went of area where house is.
  • Hi Janey,

    I think youre perfectly justified in thinking about offering less. As for developers "researching" prices in their areas...their purpose is to sell you a house at the maximum possible price (and therefore profit). A friend of mine exchanged contracts on a new build on firday at 282,500 which was advertised at 340,000. This development sounds simillar to your situation where the developer's price seemed a lot more than others in the area.

    So go ahead...what's the worst that can happen? the developer will say no and you renegotiate. What you will really kick youself for is if you find out that your next door neighbour paid 40K less than you for the same house.

    All the best
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