Juice, that’s lousy advice. We’re supposed to talk him out of buying and not into buying. Unless the buyer is up to the negotiating task, he doesn’t stand a chance against the experienced salespeople. Remember, they’ve seen and dealt with all sorts of offers already so they are prepared. Most people can’t negotiate a car much less a house.
He can rent a brand new house at 4S and save the difference. Then buy a newly-built house a few years from now (with better design, applicances, etc..) for a lower price.
nestingcouple, redo your rent/buy calculations. Once you see the real numbers, you won’t want to buy anymore!