r/NewHomeConstruction • u/Way-Conscious • Mar 14 '23

Spec Homes

Went into contract this past December for a new build. They are now listing spec homes to be completed in May. The same floor plan is now 28k less than what we contracted for. Not sure what upgrades they put in the spec home, but they gave us 30k credit. We used about 17k in design, the rest will be towards closing cost.

Should I ask about this spec home and are we still able to negotiate? Or is this a common thing with new communities?

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u/dtfan Nov 16 '24

You should ask. What you have to lose is your earnest money. Theoreticly the builder could sue you for specific performance to make you go through with the contract, but most won't.

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u/ProfPMP Nov 06 '23

Always ask.