The Pros and Cons of Buying A Spec Home

spec homeWhile several people prefer buying a house that someone else has lived in, there are others who do not favor the idea and would like to buy something new. There are several advantages to purchasing a newly built home after all. It needs to be efficient, in good condition, clean, although this does not always happen. Whenever we talk about new build homes, you have two options. The first one is the custom home that has been specifically designed for you, with all the details you want. The second option is referred to as the spec home, which has advantages and disadvantages.

What is a spec home?

Knowing what a Myrtle Beach spec home is important. It comes by different names depending on where you are located. Sometimes it is called a move in ready home, featured home, immediate delivery home, and inventory home. A spec home is a house that was designed and constructed by a builder without any buyer in mind. The builder took the chance that he will manage to sell the house once it is near completion or it is completed. It would seem that the builder is taking a chance here, hoping that a homebuyer will pick the house he has built. Therefore, the architecture is going to be based on a standard plan, perhaps using a design that is well known in the neighborhood that he is building it in. Generally, the fittings will be referred to as contractor or builder grade, although some builders can offer to have them upgraded for an extra price.

Advantages Of Buying A Spec Home

There are three primary advantages to buying a spec home – you can move in right away, the house is completely new, and you can see what you are purchasing.

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Do You Need A Custom, Semi Custom, Or Spec Home?

myrtle beach builders-5In terms of constructing new homes, you can choose to build a custom home, semi custom home, or a spec home. Each type has its own set of benefits and drawbacks and your choice will depend on your budget, time, needs, as well as desire to manage the details. Here are some important things you need to know.

Custom Home

A custom home project lets you work directly with a custom home builder to plan, design, and choose each detail about the layout, construction, and finish of your house. When we say every single detail, we mean everything. You will choose everything from the color of the doorknobs to the number of bedrooms. Custom homes are ideal for couples who prefer a detail oriented process and do not want to compromise on what they want. If you choose to build a custom home, you will be responsible for deciding on the:

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