Home › Forums › Closed Forums › Properties or Areas › 4S Ranch–Builders not negotiating
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February 19, 2008 at 9:30 PM #156400February 19, 2008 at 10:35 PM #156060RaybyrnesParticipant
Not prodding you to buy but no reason for a builder to sell either. At leaset not to a retail person.
Who are public builders selling too. Smart ones are selling an interest to investment banks and carrying the loss back against their taxable gains over the last 5 years. They can structure the deals so that they still control the property and now have regained some margin in future sales.
If you ahve the cash and want a good price on a house start finding REO’s in the area, forget about the custom BS and make an offer at the price you think it is worth. Would be far more successful and productive wiht this approach as opposed to complaining about builders salespeople not kissing your ass when you clearly state that you are not going to buy their product at that price.
Don’t go to a Porche dealership and expect them to sell you a Porche at a Honda price simply because they are not selling a lot of cars.
February 19, 2008 at 10:35 PM #156344RaybyrnesParticipantNot prodding you to buy but no reason for a builder to sell either. At leaset not to a retail person.
Who are public builders selling too. Smart ones are selling an interest to investment banks and carrying the loss back against their taxable gains over the last 5 years. They can structure the deals so that they still control the property and now have regained some margin in future sales.
If you ahve the cash and want a good price on a house start finding REO’s in the area, forget about the custom BS and make an offer at the price you think it is worth. Would be far more successful and productive wiht this approach as opposed to complaining about builders salespeople not kissing your ass when you clearly state that you are not going to buy their product at that price.
Don’t go to a Porche dealership and expect them to sell you a Porche at a Honda price simply because they are not selling a lot of cars.
February 19, 2008 at 10:35 PM #156346RaybyrnesParticipantNot prodding you to buy but no reason for a builder to sell either. At leaset not to a retail person.
Who are public builders selling too. Smart ones are selling an interest to investment banks and carrying the loss back against their taxable gains over the last 5 years. They can structure the deals so that they still control the property and now have regained some margin in future sales.
If you ahve the cash and want a good price on a house start finding REO’s in the area, forget about the custom BS and make an offer at the price you think it is worth. Would be far more successful and productive wiht this approach as opposed to complaining about builders salespeople not kissing your ass when you clearly state that you are not going to buy their product at that price.
Don’t go to a Porche dealership and expect them to sell you a Porche at a Honda price simply because they are not selling a lot of cars.
February 19, 2008 at 10:35 PM #156365RaybyrnesParticipantNot prodding you to buy but no reason for a builder to sell either. At leaset not to a retail person.
Who are public builders selling too. Smart ones are selling an interest to investment banks and carrying the loss back against their taxable gains over the last 5 years. They can structure the deals so that they still control the property and now have regained some margin in future sales.
If you ahve the cash and want a good price on a house start finding REO’s in the area, forget about the custom BS and make an offer at the price you think it is worth. Would be far more successful and productive wiht this approach as opposed to complaining about builders salespeople not kissing your ass when you clearly state that you are not going to buy their product at that price.
Don’t go to a Porche dealership and expect them to sell you a Porche at a Honda price simply because they are not selling a lot of cars.
February 19, 2008 at 10:35 PM #156441RaybyrnesParticipantNot prodding you to buy but no reason for a builder to sell either. At leaset not to a retail person.
Who are public builders selling too. Smart ones are selling an interest to investment banks and carrying the loss back against their taxable gains over the last 5 years. They can structure the deals so that they still control the property and now have regained some margin in future sales.
If you ahve the cash and want a good price on a house start finding REO’s in the area, forget about the custom BS and make an offer at the price you think it is worth. Would be far more successful and productive wiht this approach as opposed to complaining about builders salespeople not kissing your ass when you clearly state that you are not going to buy their product at that price.
Don’t go to a Porche dealership and expect them to sell you a Porche at a Honda price simply because they are not selling a lot of cars.
February 19, 2008 at 11:39 PM #156075anParticipantDon’t go to a Porche dealership and expect them to sell you a Porche at a Honda price simply because they are not selling a lot of cars.
That Porsche analogy only apply if we want RSF homes for Mira Mesa price. We’re just trying to get an Accord for a Camry’s price and that’s pretty doable.
February 19, 2008 at 11:39 PM #156359anParticipantDon’t go to a Porche dealership and expect them to sell you a Porche at a Honda price simply because they are not selling a lot of cars.
That Porsche analogy only apply if we want RSF homes for Mira Mesa price. We’re just trying to get an Accord for a Camry’s price and that’s pretty doable.
February 19, 2008 at 11:39 PM #156361anParticipantDon’t go to a Porche dealership and expect them to sell you a Porche at a Honda price simply because they are not selling a lot of cars.
That Porsche analogy only apply if we want RSF homes for Mira Mesa price. We’re just trying to get an Accord for a Camry’s price and that’s pretty doable.
February 19, 2008 at 11:39 PM #156380anParticipantDon’t go to a Porche dealership and expect them to sell you a Porche at a Honda price simply because they are not selling a lot of cars.
That Porsche analogy only apply if we want RSF homes for Mira Mesa price. We’re just trying to get an Accord for a Camry’s price and that’s pretty doable.
February 19, 2008 at 11:39 PM #156456anParticipantDon’t go to a Porche dealership and expect them to sell you a Porche at a Honda price simply because they are not selling a lot of cars.
That Porsche analogy only apply if we want RSF homes for Mira Mesa price. We’re just trying to get an Accord for a Camry’s price and that’s pretty doable.
February 20, 2008 at 1:51 AM #156095jpinpbParticipantFor some reason I thought builders take out construction loans over a certain period of time that eventually needs to get paid. Over however many developments and units, I would think that would start adding up and bills piling up. Some units end up BOM. With increasing inventory and competing w/resale, you would think they would be eager to sell. Eventually they will have to pay the piper. Look at DR Horton liquidating in the Temecula/Riverside/San Bernardino area. Is San Diego next? Will other developers follow suit?
February 20, 2008 at 1:51 AM #156377jpinpbParticipantFor some reason I thought builders take out construction loans over a certain period of time that eventually needs to get paid. Over however many developments and units, I would think that would start adding up and bills piling up. Some units end up BOM. With increasing inventory and competing w/resale, you would think they would be eager to sell. Eventually they will have to pay the piper. Look at DR Horton liquidating in the Temecula/Riverside/San Bernardino area. Is San Diego next? Will other developers follow suit?
February 20, 2008 at 1:51 AM #156381jpinpbParticipantFor some reason I thought builders take out construction loans over a certain period of time that eventually needs to get paid. Over however many developments and units, I would think that would start adding up and bills piling up. Some units end up BOM. With increasing inventory and competing w/resale, you would think they would be eager to sell. Eventually they will have to pay the piper. Look at DR Horton liquidating in the Temecula/Riverside/San Bernardino area. Is San Diego next? Will other developers follow suit?
February 20, 2008 at 1:51 AM #156399jpinpbParticipantFor some reason I thought builders take out construction loans over a certain period of time that eventually needs to get paid. Over however many developments and units, I would think that would start adding up and bills piling up. Some units end up BOM. With increasing inventory and competing w/resale, you would think they would be eager to sell. Eventually they will have to pay the piper. Look at DR Horton liquidating in the Temecula/Riverside/San Bernardino area. Is San Diego next? Will other developers follow suit?
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