Recent content by 1sttimebuyer_IHB

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    Don't be afraid to ask questions

    <p>To anyone out there who is on the fence ... do yourself a favor and proactively ask questions. The people on this forum have been an invaluable resource. We wish we had had the courage to post sooner than later.</p> <p>Since we've taken so much, we thought we should give whatever advice...
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    Are deposits non-refundable?

    <p>Thank you all for sharing your insight and experiences.</p> <p>This is definitely one of the hardest decisions we have ever had to made and are trying our best to evaluate the circumstances absent of emotion.</p> <p>We appreciate all that you've given us to consider.</p>
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    Are deposits non-refundable?

    <p>I think I remember a post a while back about builders not being able to double sell a home - so the buyer would get deposit back when the house is sold. </p> <p>Others have told me that you get deposit back after builders' costs to remarket the property - could be $0 at the end of the...
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    Will Portola Springs Become a Ghost Town?

    <p>graphrix and raymond, </p> <p>Thank you for your sage advice.</p> <p>nirvine,</p> <p>What can i say? Thank you for your perspective.</p> <p>I would hate to see you quit the blog because your view needs to be heard. This forum wouldn't be beneficial to anyone if we all had the same...
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    Will Portola Springs Become a Ghost Town?

    <p>nirvine,</p> <p>I don't understand why you find it so hard to answer the question directly.</p> <p>"I do not see why you not can negotiate with builder as a buyer." I absolutely intend to negotiate as the buyer, but I figured if I got a straight answer from you, thats atleast 25k that I...
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    Will Portola Springs Become a Ghost Town?

    <p>nirvine,</p> <p>Thanks for the clarification on the escrow issue. I see how a third party (although not completely unincentivized third party) agent could be necessary.</p> <p>You still have not answered my question about your statements about what the builder will and will not offer the...
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    Will Portola Springs Become a Ghost Town?

    <p>"The builders are so motivated to move inventory so I think builder would want to give buyer the discount."</p> <p>"Builder pays brokers commission for the purpose of sharing the work load to get buyer to close escrow. As buyers are wavering, someone needs to constantly keep the buyer in...
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    Will Portola Springs Become a Ghost Town?

    <p>grewupinirvine,</p> <p>thanks for your post as well. i just realized that you had a post before nirvinerealtor.</p> <p>this forum has been really informative and i appreciate everyone who has taken the time to post and share their experience.</p> <p>thanks again everyone!</p>
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    Will Portola Springs Become a Ghost Town?

    <p>nirvinerealtor,</p> <p>does that mean that you can negotiate terms that are better than the 35k mentioned above?</p> <p>for your seasoned buyers - how much more benefit can they get if they start 35k less to begin with?</p> <p>historically have you gotten better terms than they would...
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    Will Portola Springs Become a Ghost Town?

    <p>nirvinerealtor,</p> <p>When we went, plan 1 was 827k w/ no upgrades, plan 2 was 840k w/ no upgrades, and i never even looked at plan 3 because it was out of our price range</p> <p>As a buyer, they offered us 30k towards the home (designer credits, lower price, hoa) plus 5k for closing...
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    Will Portola Springs Become a Ghost Town?

    <p>nirvinerealtor,</p> <p>if they're offering 3% broker coop at los arboles, do they reduce the incentives to your buyers? what type of incentives are available? Last we checked a few months ago, it was 30k that could be used for designer credits and or to reduce purchase price plus 5k for...
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    Objective appraisals?

    <p>graphrix,</p> <p>thanks for the advice. </p> <p>unfortunately, may be too late for us. we've already gone into escrow and appraisal scenario was last ditch effort to get last minute negotiations in. </p> <p>in any event, hope other members are able to take advantage of your advice...
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    Objective appraisals?

    <p>I like your idea about finding a purchase price for the same bought down payment - but am not sure the builder would be willing to lower that much without cause.</p> <p>Our thought process may be off - but we were thinking it would be best to allocate towards paying down the interest rate-...
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    Objective appraisals?

    <p>kb24 - </p> <p>I personally haven't had any luck getting a price break from the published price. The reasoning they generally give is that the price is fixed, but you can use your incentive dollars against the price. I think you can do up to two years of HOA's - would recommend maximizing...
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    Objective appraisals?

    <p>Hi,</p> <p>I'm a long time reader, first time poster.</p> <p>Thank you to everyone for all the advice you've offerred so far and any clarification you can offer regarding the appraisal process.</p> <p>If you use the builder's lender to capture the "incentive dollars" are you required to...
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