It's highly, highly unusual for a real estate agent to do this, especially when the home is occupied. But I don't blame you for being upset...I would be livid!
Your agent should have a record of who scheduled the appointment. Start by calling that agent's broker (boss) and consider filing a complaint with the real estate commission in your state. Then, insist that your agent use an electronic keybox, not a combo. If she refuses to do so, cancel the listing.
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I think building a home really depends on the location. For me I wouldn't want to build a home if the land cost a lot of money already. I also wouldn't buy a home if it looked too over priced. I am all about getting a good deal so my opinion may not apply very much here.
Depends. The comps you mentioned - does that represent all of the comps within the last 8-12 months? Are there other relevant comps in other comparable neighborhoods? How long has the house been on the market? Has it been under contract before? The bank has likely already determined how low they are willing to go based on how they view this particular investment, and if it is in a pool of other investments - the real answer may be "I don't know" since it is sometimes impossible to know what the banks are thinking - they are always surprising me. If you don't have a realtor working on this for you I recommend choosing one that can help you. If you have any questions feel free to contact me at email@example.com or 843.284.3289... more
Builders are very hungry right now and if you have the time I would certainly look to price out a set of plans with several different contractors. Lots are a hard sell as well so you could certainly find a deal there too. Did you look in Daniel Island area? Beresford Hall is a great location and you could build a nice house in that range. There are also some good developments in Mount Pleasant with many open lots. Let me know if I can help in any way as I have relationships with many high-end contractors.... more
i understand your desire to build a home but I still believe you will get a better price if you buy an exisiting home. You can buy one from a current owner or a builder. It may not be 100% of what you want but the prices are very good right now in the Lowcounty. Sellers and builders are very willing to negotiate. Some builders may even be willing to make some changes if the homes are not finished.
All the buyers I am working with have indicated they want a home already built because they believe they will get a better price. Yes, the builders and trades need business, but I don't think you will get prices as low as you think. Everytime you make a change you will get an increase in your cost. As you make your hundreds of decisions, you will decide later to make a change. A change order cost money.
I have buyers now, that own lots, are putting them up for sale, and buying existing homes. Why? Because they can get so much more than if they build on their lots.
Why not purchase an existing home at a great price, live in it a while, and then decide what and if you want to make any changes. If so, then hire a contractor to make just those changes.
Yes, there are good deals on exisitng homes that are not published. Sellers are not willing to lower their prices but they will negotiate. Make an offer. See what happens!