I have a client that put a contract on a Town home in Lawrenceville Georgia mid September 2007 with a national builder. The Builders policy is not to start construction until all units were sold in that building. The builder released the building in early February (with 2 units not sold) and set the closing for May 2008. This is where the fun begins! I was driving by the Community last week and noticed that the entrance sign read a lower price than what my client's contract read. When I approached the sales agent she confirmed that the base price had in-fact been lowered and gave me the new price sheet. She also stated that they were going to pass this savings on to my client but not until 2 weeks prior to closing,and only if the prices had not gone back up! She also stated that her building company takes care of their home-buyers and she was sure they would take care of my client. So...why should my client pay more for her town home than others purchasing now and closing at the same time? Usually you get a better deal the earlier you purchase in a community or at a close out.  If this builder truly cares about their home-buyers then why are they excluding my client? When they decided to reduce prices it put my client in a $19,387.00 deficit maybe I'm crazy but you do the math. She would be better off terminating the contract and losing $2000, turn around and re-write on the same unit!

I wanted to update everyone on the out come of my last posting.

As it turns out, the Builder was very gracious and extended to my client the reduction in price. Needless to say my client is very happy :)