Home Buying in Chicago>Question Details

Ep, Home Buyer in Chicago, IL

I bought a unit in a pre-construction condominium building. The cielings in the model were finished. I was

Asked by Ep, Chicago, IL Mon Nov 19, 2007

recently informed that the cieling will be unifinished and in order to obtain finished cielings I must purchase an upgrade. Is this type of practice common? Should I press my agent to negotiate on this point?

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3
Ep,
Ken makes several strong and pertinent points. The only thing(s) I will add relate to where you are in the review process and what manner of written info did you receive specific to the purchase and do you have any brochures with photographs that show finished ceilings? Unless you have a strong realtor on your side of the table it is likely that this part of the process will rely on the artful and aggressive maneuverings of your attorney. The bad news is that developer's contracts are geared to benefit the builder. Perhaps in the myriad small print of the contract this point exists and was overlooked.

Best of luck getting the ceiling done.

Tom
0 votes Thank Flag Link Wed Nov 28, 2007
Ep,

You've already agreed to buy the unit. If the contract is solid and all earnest money is in escrow, not much you can do but pay for the upgrade or leave it unfinished.
Upgrades are common and do vary but it's always imperative to know in writing when going into a contract what's included in a basic unit and what's an upgrade. This will prevent unwelcome and expensive surprises. A good agent with experience in New Construction would know the right questions to ask and make sure you knew that the ceiling was an upgrade at time of writing the contract.

Good luck.

Ken.
Web Reference: http://www.KDRchicago.com
0 votes Thank Flag Link Mon Nov 19, 2007
You should have been informed as to what is standard and what you selected as upgrade for the unit and their should have been some type of checklist so that everything could have been discussed and negotiated. I have heard of finishing the ceilings as being an upgrade. I would press your agent to make the point- What do you have to lose?
Web Reference: http://www.condochicago.com
0 votes Thank Flag Link Mon Nov 19, 2007
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