Go the move-in ready route.
If you’re currently shopping for a home but frustrated by the lack of existing homes for sale, here’s another option to consider: a new, move-in ready home. These are offered by residential builders and are usually found in a new subdivision or community.
Here are some reasons why purchasing a move-in ready home could be the best for you, your family, and your budget.
While new construction home buyers are free to choose their own floor plans and color schemes, they know their dream home won’t be finished for several months. Not all buyers can wait, especially if they’ve already sold their existing home.
If you’re thinking that a move-in ready home could be a smart solution, here are more benefits to consider.
1. You’ll receive similar warranties that reputable builders provide. These may be all-inclusive, or offer different types of protection for structural integrity, workmanship, and interiors. Warranties vary by state and builder.
2. You may be able to choose some new features. While most move-in ready homes are 100% complete, some are still two or three weeks away from completion. You may be able to choose your new home’s appliances, color schemes, or flooring.
3. New homes are often more energy efficient. If a new home is ENERGY STAR® certified, you can expect a 20% energy-efficiency improvement on average. This means lower utility bills and real savings over most existing homes.
4. Spec homes often come with “smart” features. From built-in Wi-Fi to remotely controlled thermostats, a move-in ready home can have you online before you begin unpacking.
5. Move-in ready homes are attractively priced. Combined with warranty protection, your costs may be considerably less than for an existing home — especially if it needs major renovations or repairs during the first few years after purchase.
Find a loan officer today to discuss your home financing needs.
KBHS does not offer Realtor® or builder services.
Here are some reasons why purchasing a move-in ready home could be the best for you, your family, and your budget.
The differences of a spec home
Many builders serve two potential customers: Those who plan to build a new home, and those who prefer a move-in ready home. These properties are sometimes called “spec homes” as the builder has speculated that there will be buyers for these homes. Generally, they’re offered at a lower price than a custom home.While new construction home buyers are free to choose their own floor plans and color schemes, they know their dream home won’t be finished for several months. Not all buyers can wait, especially if they’ve already sold their existing home.
If you’re thinking that a move-in ready home could be a smart solution, here are more benefits to consider.
1. You’ll receive similar warranties that reputable builders provide. These may be all-inclusive, or offer different types of protection for structural integrity, workmanship, and interiors. Warranties vary by state and builder.
2. You may be able to choose some new features. While most move-in ready homes are 100% complete, some are still two or three weeks away from completion. You may be able to choose your new home’s appliances, color schemes, or flooring.
3. New homes are often more energy efficient. If a new home is ENERGY STAR® certified, you can expect a 20% energy-efficiency improvement on average. This means lower utility bills and real savings over most existing homes.
4. Spec homes often come with “smart” features. From built-in Wi-Fi to remotely controlled thermostats, a move-in ready home can have you online before you begin unpacking.
5. Move-in ready homes are attractively priced. Combined with warranty protection, your costs may be considerably less than for an existing home — especially if it needs major renovations or repairs during the first few years after purchase.
Find a loan officer today to discuss your home financing needs.
KBHS does not offer Realtor® or builder services.