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homebuilding process

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Buying a Home

What is an Inventory Home?

August 16, 2018

You might imagine the experience of buying your dream home as starting with an empty lot, picking every feature from the layout of the floor plan to the color of the drapes, and then settling in to wait while your home is built completely from scratch. It’s a time-honored process that works wonders for many, but what if you don’t have months to spare waiting for ground-up construction on your new home? Easy! Buy an inventory home. Also known as quick move-in homes or spec…

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Buying a Home

Flooring Decisions: A Big Step for Your New Home

July 31, 2018

An advantage of buying a brand-new home is the freedom to personalize the space. And that means floors are fair game. From carpet to tile to hardwood, the possibilities can seem endless. Your new home is a reflection of your unique personality and style, so be sure to select surfaces that you’ll enjoy looking at—and walking on—for many years to come. So, where do you start? When you buy a brand-new home with Richmond American, the professional designers at the company’s Home Gallery™ will help you…

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Buying a Home

Quiz! Where Are You on the Path to Homeownership?

May 29, 2018
Happy couple planning house

Are you ready to become a homeowner? Take this quick quiz to find out where you are on your homebuying journey. Simply tally your A’s, B’s and C’s, and check out your result below!   I have wanted to buy a home for:   Over a year At least a year A few months     I plan to stay in my current/desired area for:   At least five years Three to five years Less than three years/I’m not really sure     The following…

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Buying a Home

The Advantages of a Spec Home

May 4, 2018

If you’ve been in the market for a brand-new home, you might have heard something about spec homes—or perhaps inventory homes, move-in ready homes or homes under construction. Our personal favorite is quick move-in homes, but they all refer to the same thing: new homes that builders begin construction on before they’re under contract to a buyer. This enables new communities to keep a steady flow of homes for prospective homeowners. It also provides you, the homebuyer, with some special advantages. Read on for how…

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Buying a Home

7 Steps to Making a New Home Purchase

March 7, 2018
Streetscape at Inspirato

Whether you’re a first-time buyer, you’re new to new construction, or you simply haven’t bought a home in years, we’d like to demystify the process for you! Here are the first steps involved in making a new home purchase. Save for a down payment It may be the first step when buying any home, yet many people don’t know how much to save for a down payment. When Richmond American conducted a focus group study, we found that current renters were either under or overestimating…

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