Asked by SanFran, Broomfield, CO • Thu Dec 25, 2008
I am first time buyer and want to do a complete research and get as much understanding before I hire an agent. I have questions on 2 issues.
1. I am looking at a new constructions in the Denver area. There are not many competitive condos/townhomes within 5-10 mile radius and so its very hard to do a CMA. How can I tell if the list price, by the builder, is worth it?
2. To me it doesn't seem like the housing industry is in a turmoil! Several new constructions I look at are being swooped by rich people and people with good credit. So the new builders don't seem much likely to negotiate a lot. What tactics could I use to get a builder to give me a good deal? Of course I come with excellent credit and good downpayment.
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