Author Topic: How much co-op does the New Home Company offer?  (Read 702 times)

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Offline talkirvine

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How much co-op does the New Home Company offer?
« on: February 26, 2019, 04:18:03 PM »
Does anyone know? Could you share this on the board? Thanks.

Offline Cares

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Re: How much co-op does the New Home Company offer?
« Reply #1 on: February 26, 2019, 04:48:32 PM »
They paid $30k on Morro in Eastwood

Offline JLin

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Re: How much co-op does the New Home Company offer?
« Reply #2 on: February 26, 2019, 08:31:46 PM »
They're now paying 50k at Morro and 60k at Lucca

Offline iacrenter

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Re: How much co-op does the New Home Company offer?
« Reply #3 on: February 27, 2019, 12:13:57 PM »
They're now paying 50k at Morro and 60k at Lucca

How times have changed. I hope no one dares to buy a home without registering a real estate agent for maximum rebate.

Offline zubs

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Re: How much co-op does the New Home Company offer?
« Reply #4 on: February 27, 2019, 01:10:40 PM »
$60,000 rebate!?!

@1.6% property tax that's $960/year.  As a buyer, I'd rather buy w/ $60,000 discount on the house.

Offline USCTrojanCPA

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Re: How much co-op does the New Home Company offer?
« Reply #5 on: February 27, 2019, 10:53:49 PM »
Yup, all builders have about doubled their broker co-ops from last year.  Even Shea when from $27,600 to 3% on Padova and CalPac wernt from $16,000 to $24,000 on Silverleaf (both were the last holdouts)
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Offline Cares

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Re: How much co-op does the New Home Company offer?
« Reply #6 on: February 28, 2019, 09:30:14 AM »
Yup, all builders have about doubled their broker co-ops from last year.  Even Shea when from $27,600 to 3% on Padova and CalPac wernt from $16,000 to $24,000 on Silverleaf (both were the last holdouts)

CalPac doubled at Trellis Court too. I think they only have 1 left now.

They also offered me double if I could push a buyer to close in December instead of January.

Offline undecided

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Re: How much co-op does the New Home Company offer?
« Reply #7 on: March 11, 2019, 02:51:18 PM »
Anyone know what the co-op is at Legado in Portola Springs?  I got an email from Zillow showing a price drop of $93k on their base model, so $865k for a new detached condo.  Sounds like a pretty good deal to me.  Assuming a $40k co-op, with agent taking 50% and me taking 50%, I'm under $850k for a new detached product.

Maybe they are offering $ for upgrades too?  Although it's probably too late at this stage and everything is already built.

Offline ThirtySomethingWEquity

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Re: How much co-op does the New Home Company offer?
« Reply #8 on: March 11, 2019, 03:05:05 PM »
Anyone know what the co-op is at Legado in Portola Springs?  I got an email from Zillow showing a price drop of $93k on their base model, so $865k for a new detached condo.  Sounds like a pretty good deal to me.  Assuming a $40k co-op, with agent taking 50% and me taking 50%, I'm under $850k for a new detached product.

Maybe they are offering $ for upgrades too?  Although it's probably too late at this stage and everything is already built.

The smallest Legado is not detached, it's a paired home.

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Offline undecided

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Re: How much co-op does the New Home Company offer?
« Reply #9 on: March 11, 2019, 03:30:39 PM »
Thank you for that, I totally missed that.  It definitely doesn't show as a paired home in the artist rendering attached to the email I received.  Absolutely makes sense now.

 

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