My husband and I have been looking to purchase since january. We started out by looking at bank-owned homes but the prices were not any better. About a month ago we were out driving around looking at homes for sale and drove past a KB development. We decided to stop and just look at the model homes. Well to make a long story short we ended up buying a new home with kb. We got a 3700 sq ft home with 94,000 worth of upgrades for $582,000. Also, kb is paying our closing cost and realtor fees. These homes were originally starting in the high 600’s starting with the 3,000 sq ft single story. KB had issues with getting permits that put the project on hold for about a year and most people cancelled their contracts. Then the market tanked and now they’re just trying to get this development sold. The house we bought came with the upgrades and we were not able to change anything. However, when we went to the kb showroom to see what the house came with we were very pleased. Very nice uprades, and a kitchen to die for.
When we went to the showroom we met with the gal who originally spec’ed this house with the previous owners. She told us that some of the homes in this community were originally going for in the 800’s with upgrades.
Overall, we also are very please with our new home and anyone who is in the market due your due diligence, be patient, drive around, ask for a better price.