tag:blogger.com,1999:blog-4797432599663441966.post7762466864661421479..comments2008-06-04T16:50:33.410-04:00Comments on BLOG.FranklyRealty.com: Builder: Guaranteed Lowest Price* WITHOUT THE ASTE...FRANK LL0SA Va Broker- BLOG.FranklyRealty.comhttp://www.blogger.com/profile/12647085935682292923noreply@blogger.comBlogger17125tag:blogger.com,1999:blog-4797432599663441966.post-46875516757729517302008-06-04T16:37:00.000-04:002008-06-04T16:37:00.000-04:002008-06-04T16:37:00.000-04:00This is a good reminder to always read the fine pr...This is a good reminder to always read the fine print! Some things are really too good to be true!Flat Fee MLShttp://www.ezmlslisting.comnoreply@blogger.comtag:blogger.com,1999:blog-4797432599663441966.post-497000027394619412007-07-18T17:40:00.000-04:002007-07-18T17:40:00.000-04:002007-07-18T17:40:00.000-04:00Get an agent. Any agent (any decent one).Same cost...Get an agent. Any agent (any decent one).Same cost to you. They don't give special NON agent deals. What they do do is try more fishy business when you aren't represented.FRANK LL0SA Brokerhttp://www.blogger.com/profile/12647085935682292923noreply@blogger.comtag:blogger.com,1999:blog-4797432599663441966.post-7959296192784876452007-07-18T11:57:00.000-04:002007-07-18T11:57:00.000-04:002007-07-18T11:57:00.000-04:00No, not under contract. Was looking into it becau...No, not under contract. Was looking into it because of the very low prices, but am having second thoughts. Now I am thinking more along the lines of The Palatine or Phoenix.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4797432599663441966.post-89991300870376275482007-07-16T10:07:00.000-04:002007-07-16T10:07:00.000-04:002007-07-16T10:07:00.000-04:00I don't know about the garage. I do know that thei...I don't know about the garage. I do know that their other building Station Square has a for-pay public garage in the building. Are you under contract at Park at Courthouse?FRANK LL0SA Brokerhttp://www.blogger.com/profile/12647085935682292923noreply@blogger.comtag:blogger.com,1999:blog-4797432599663441966.post-26783335169677429772007-07-15T17:30:00.000-04:002007-07-15T17:30:00.000-04:002007-07-15T17:30:00.000-04:00What is this I hear about the Park at Courthouse s...What is this I hear about the Park at Courthouse sharing its garage with the AHC complex right next door? Is there any truth to this?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4797432599663441966.post-27450092240882371692007-07-13T14:25:00.000-04:002007-07-13T14:25:00.000-04:002007-07-13T14:25:00.000-04:00Another good reminder to always read the fine prin...Another good reminder to always read the fine print. Some things are really too good to be true!Flat Fee Realty Louisvillehttp://www.louisvilleproperties.comnoreply@blogger.comtag:blogger.com,1999:blog-4797432599663441966.post-26869138218737072882007-06-25T11:00:00.000-04:002007-06-25T11:00:00.000-04:002007-06-25T11:00:00.000-04:00Frank,Another Clarendon 1021 unit has entered fore...Frank,Another Clarendon 1021 unit has entered foreclosure, #615 per the WaPo legal notices this morning. That's five now and only the first one has shown up as being sold so there's still four distressed props in Clarendon 1021. here are the details:default on original principal amount of $514,000.00, they actually paid 582k at peak. bank's probably writing off the delta.1021 N. Garfield millionnoreply@blogger.comtag:blogger.com,1999:blog-4797432599663441966.post-78563339330146296342007-06-19T05:59:00.000-04:002007-06-19T05:59:00.000-04:002007-06-19T05:59:00.000-04:00Thanks for this relevant ideas.I have always found...Thanks for this relevant ideas.I have always found it easier to buy than to sell until now.Everyday there are new ways to earn huge profits over the Internet with Real Estate.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4797432599663441966.post-55981884282323300262007-06-18T09:59:00.000-04:002007-06-18T09:59:00.000-04:002007-06-18T09:59:00.000-04:00No asterisk?? Gotcha. That's just plain tricky- ...No asterisk?? Gotcha. That's just plain tricky- my apologies for misunderstanding- I saw the asterisk as disclosure. Yup, your buyer needs you....thanks for the clarification!laurie mindnichnoreply@blogger.comtag:blogger.com,1999:blog-4797432599663441966.post-79975211108950386582007-06-18T00:23:00.000-04:002007-06-18T00:23:00.000-04:002007-06-18T00:23:00.000-04:00ummmm....don't you mean "asterisk" (emphasis on th...ummmm....don't you mean "asterisk" (emphasis on the -risk)?MisterBunnhttp://www.blogger.com/profile/00594270248411599096noreply@blogger.comtag:blogger.com,1999:blog-4797432599663441966.post-29761594280232718952007-06-17T23:18:00.000-04:002007-06-17T23:18:00.000-04:002007-06-17T23:18:00.000-04:00Buying condos is a tricky deal. You look at a big ...Buying condos is a tricky deal. You look at a big (100) unit building. Say you get a early new construction deal at the beginning of construction for X. At the final week of selling some investor comes in and offers to take whats left. He is gonna get a better deal than you did -of course. Now if the same Condo guy had offered a guaranty -He is not going to disclose that sale. He will offer a Paul Viauhttp://activerain.com/prviaunoreply@blogger.comtag:blogger.com,1999:blog-4797432599663441966.post-44317303867655026202007-06-17T23:15:00.000-04:002007-06-17T23:15:00.000-04:002007-06-17T23:15:00.000-04:00Laurie,Maybe I didn't make the post more clear. Th...Laurie,Maybe I didn't make the post more clear. There is no REAL asterik! They do NOT disclose this technicality. They just say "Price guarantee in writing."So the buyer THINKS they are getting a real price guarantee, but the builder uses a loophole to continue to drop prices (the intent of the guarantee) via other means. Thus making the advertisement nearly worthless.I agree with you. IF they FRANK LL0SA Brokerhttp://www.blogger.com/profile/12647085935682292923noreply@blogger.comtag:blogger.com,1999:blog-4797432599663441966.post-15508233249487563932007-06-17T23:04:00.001-04:002007-06-17T23:04:00.001-04:002007-06-17T23:04:00.001-04:00Tchaka- the builder IS (as I'm understanding it) s...Tchaka- the builder IS (as I'm understanding it) sticking to the price guarantee. What the post suggests is that all buyers should get, before closing, any additional monthly incentives offered. Won't happen, and was asterisked to alert all that this is the case. Nothing underhanded.Laurianoreply@blogger.comtag:blogger.com,1999:blog-4797432599663441966.post-41104950496559794552007-06-17T23:04:00.000-04:002007-06-17T23:04:00.000-04:002007-06-17T23:04:00.000-04:00No, I wouldn't quite say you missed the point but ...No, I wouldn't quite say you missed the point but I appreciate your humbleness. Incentives do have a value and they certainly do (or should) count in terms of providing a guarantee. The developer is in to make money (rightfully so) and I understand why they would want to keep certain numbers private. I don't have a problem with that as long as said developer is not giving a guarantee. In thatTchakanoreply@blogger.comtag:blogger.com,1999:blog-4797432599663441966.post-2433507018749922022007-06-17T23:02:00.000-04:002007-06-17T23:02:00.000-04:002007-06-17T23:02:00.000-04:00Tchaka- one of us missed the point.I think it's gr...Tchaka- one of us missed the point.I think it's great that the builder is offering a price reduction if the property goes down. What I know is unrealistic is for realtors or consumers, in addition to the decrease, to also be given the "incentive of the month" after the purchase agreement is signed. No one is talking about hiding anything- if an agent wants sales prices, they can go to the laurie mindnichnoreply@blogger.comtag:blogger.com,1999:blog-4797432599663441966.post-25675425265107163082007-06-17T23:01:00.000-04:002007-06-17T23:01:00.000-04:002007-06-17T23:01:00.000-04:00You are correct, Laurie. Keep in mind though that...You are correct, Laurie. Keep in mind though that the alternative to offering a guarantee, is sitting there and hoping people will buy despite the fear of prices going down. I know of a builder with a 19 unit development that has 0 closed and is now reducing prices. What if he'd had a guarantee? Perhaps he would have closed on some already. The issue isn't whether or not you provide a Tchaka Owenhttp://activerain.com/1fasthoonoreply@blogger.comtag:blogger.com,1999:blog-4797432599663441966.post-40723156361122389062007-06-17T23:00:00.000-04:002007-06-17T23:00:00.000-04:002007-06-17T23:00:00.000-04:00As a person with much builder experience, builders...As a person with much builder experience, builders are no different than any seller in some ways. They don't "owe" a client incentives that were not in place at time of purchase- period. That this builder is lowering the price should be enough. Under your thought process, all resales under contract (but not closed yet) would have a cma at closing, and get reductions based on up to the minute laurie mindnichhttp://activerain.com/laurieatoptionsrealtynoreply@blogger.com