No price reduction, no deal
Home buyer wants discount when builder lowers price on same model
By Robert Bruss, Tuesday, October 9, 2007.Editor's note: Robert Bruss passed away on Sept. 26, 2007. This was one of the last real estate columns he wrote. Inman News is publishing Bob's last work as a final salute to the nation's most well-known real estate writer.
DEAR BOB: I am in the process of buying a new house in a development where the base price on the same model as mine has dropped. Am I entitled to have my contract with the builder redone so I can buy at the new lower base price? The house I am buying has not yet been completed. --Makeise F.
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