Help! How do we negotiate best?
After much time spent researching and comparing proposals of 4 different builders, we think we have settled on the one plot and builder we would like. We are a newly married coupled and have never bought anything this big and have no clue how to negotiate. Our parents are not close by enough to help us and bought their homes >20 years ago for much much cheaper. We are looking at a custom home for about $500+. The builder's first offer seems reasonable to us, but we don't want to be naive. We think maybe we should either ask for more on allowances or an overall price reduction. Any thoughts on which route is better? Or any other negotiating idead would be greatly appreciated.