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#1
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How to deal with new house builders
Anyone care to share his/her experience dealing with
builders in general, particularly those in the Bay Area, California. Builder in particular is Toll Brothers. What I want to know a 1. Any rebate program (keep hearing realtor that they can give us back 1-2% out of the 3% rebate builder would give them). 2. If house price or any options is negotiable 3. How to check builder's reputation 4. Common problems/rip-off people run into 5. Is it a good idea to get financing from them 6. Is it a good idea to get upgrade from them? Thanks, Raymond |
#2
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#3
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gary wrote: Do a Google search on Toll Brothers. wrote: Anyone care to share his/her experience dealing with builders in general, particularly those in the Bay Area, California. Builder in particular is Toll Brothers. What I want to know a 1. Any rebate program (keep hearing realtor that they can give us back 1-2% out of the 3% rebate builder would give them). 2. If house price or any options is negotiable 3. How to check builder's reputation 4. Common problems/rip-off people run into 5. Is it a good idea to get financing from them 6. Is it a good idea to get upgrade from them? Thanks, Raymond Toll Brothers is considered one of the "luxury" builders. Although Hovnanian and others are catching up on quality and price. When we bought from Toll, we took the purchase agreement to our lawyer. He told us that he has worked with Toll agreement before and they will not change anything essentially. i.e. they are in demand, they know it and you will have to agree to most of it. That said, they are reasonable to a certain extent; a lot depends on how you approach the sales people at the site; ours were friendly and accomodating (wanted to change colors, fixtures after due date and they did it, etc). 1. Why didn't you buy directly from Toll at the building site? 2. Home prices/options are not negotiable; but you could ask for something to be thrown in. 3. Google to find this out 4. You'll probably do better at financing elsewhere 5. Depends. If you want to upgrade carpet, you will be overpaying; but then some people don't want to get the default carpet, then rip it out a few years later and replace it. Same with tile, kitchen cabinets, windows, etc. Like all builders, they don't give you any "credit" for the default item. For e.g. if you want bigger windows instead of the small ones they give you, the upgrade price will "include" the credit for the window you are replacing. All in all they are better than many of them. -Mark Sabatini |
#5
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"Mark" wrote in message ... On 27 Jan 2005 12:22:16 -0800, wrote: gary wrote: Do a Google search on Toll Brothers. wrote: Anyone care to share his/her experience dealing with builders in general, particularly those in the Bay Area, California. Builder in particular is Toll Brothers. What I want to know a 1. Any rebate program (keep hearing realtor that they can give us back 1-2% out of the 3% rebate builder would give them). 2. If house price or any options is negotiable 3. How to check builder's reputation 4. Common problems/rip-off people run into 5. Is it a good idea to get financing from them 6. Is it a good idea to get upgrade from them? Thanks, Raymond Toll Brothers is considered one of the "luxury" builders. I'm glad you put that word in quotes. They are trying to promote that appearance, but they certainly do not promote it with regards to building quality and materials. This was 4-5 years ago when I was looking in my area. Because of this, I ended up building privately and GC's the job on my own (which I don't recommend to anyone and will probably never do again myself!) I would hope things have changed with TB, but I don't know. Toll Brothers being a "luxury builder" means that they sell high priced homes, not that they build quality homes. All things being equal TB builds better houses than Hovnanian does. |
#6
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1. We're now buying direct from builder. However, we also work with
some realtors on older houses. They told us about the rebate thing. So we're trying to find out how this work, and whether we are in a better negotiation position if we didn't use a realtor to buy the new house. 2. What's the motivation for the builder to throw in something? What're the things people commonly ask for? Raymond |
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