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Builders offering discounts on new homes (Seattle area)

EastSiderEastSider
edited July 2008 in Seattle Real Estate
Here's a list of builders offering incentives on new homes in the Seattle area

- Trilogy at Redmond Ridge offering a $75,000 discount. Check out Trilogy link

- Centex offering 3% discount to teachers, member of the armed forces, medical professionals etc. Check out Centex link

- Benett offering about $20,000 worth of upgrades on select homes

Any others?

Comments

  • EastSiderEastSider
    Burnstead is offering a $30,000 "buyer-bonus" on select homes in Redmond. Check out Burnstead link
  • BB
    A realtor(R) acquaintance(R) of mine recently told me that builders, especially some of the smaller ones who are overly sensitive to one regional/coastal market, are getting pretty motivated about moving inventory lately *in the city*.

    As long as it doesn't result in the reduction of the reported sales price, people are asking for and getting fairly substantial interior upgrades, including appliances, # months of paid mortgage, closing costs (which is par for the course these days), and other incentives.

    I wish there was some sort of measurable metric that could track this. It is very fishy to be hiding so much 'value' in the sales price of a home.

    (I bet the tax assessor loves it though...)
  • EastSiderEastSider
    An agent told me recently that almost all the builders are having some kind of an incentive plan on new construction on the eastside.
  • EastSiderEastSider
    $50,000 price reduction on one new home in Renton Higlands -- "Builder want to be sold". Check out http://expo.live.com/ViewListing.aspx?lid=4755813

    This is getting better.
  • AwaySoonerAwaySooner
    We visited this open house around the block two weeks ago, 2 left for sale. Today we have 3 now back on sale, but they increase the price for $10k per unit! What kind of trick is that? Sale didn't go through, let's increase the price?



    http://www.cottagecompany.com/pdfs/conover_commons2.pdf
  • EastSiderEastSider
    "Buchan homes" has a full-page in today's Seattle Times indicating that there's a $50K (or more) price-reduction on select homes all over Seattle/Eastside.
  • EastSiderEastSider
    Buy a townhome in Redmond, get a (small) SUV FREE!!

    http://www.elementRedmond.com/
    http://www.elementredmond.com/pdf/Element_Promotion.pdf
  • rose-colored-coolaidrose-colored-coolaid
    EastSider wrote:
    Buy a townhome in Redmond, get a (small) SUV FREE!!

    http://www.elementRedmond.com/
    http://www.elementredmond.com/pdf/Element_Promotion.pdf

    And finance it for 30 years. Great deal!
  • EastSiderEastSider
    Buy one depreciating asset and get another depreciating/gas-guzzling asset FREE! You can't get a better deal :lol:
  • rose-colored-coolaidrose-colored-coolaid
    EastSider wrote:
    Buy one depreciating asset and get another depreciating/gas-guzzling asset FREE! You can't get a better deal :lol:

    Unless I have a newer business model that allows to you buy more rapidly depreciating assets on 30 year payments. Buy an overpriced home from me, and I'll throw in a car, a new computer, minority stake in a newspaper, and a WaMu checking account.

    Eh? Any takers?
  • Lake Hills RenterLake Hills Renter
    You should throw in a plasma tv to sweeten the deal.
  • RottedOakRottedOak
    If you default on the mortgage, you can still keep the SUV, TV, and other incentive goodies, since those are not used to secure the loan. Plus you can make off with any appliances, cabinets, plumbing, copper wires, roof tiles, trees, etc., that might be included with the property. So find the one lender that still does subprime no-doc nothing-down option ARM loans with cash back on an inflated appraisal, and start collecting your free stuff! After the bailout, you can have your in-default loan rewritten to below market value with a subsidized interest rate. Then short-sell the stripped down husk of the house, e-bay all your free stuff and bank the proceeds to start on the next bubble.

    - RO
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