If you’re a first-time homebuyer or your previous home purchases were resale homes, you may not understand the timelines involved with purchasing a brand new home. No worries! We’re here to give you the scoop on what to expect and answer the frequently asked question: What is a quick move-in home? Build or move now? You decide. When buyers choose to build from the ground up, they typically have more opportunities to personalize the home. At Richmond American, buyers can select a floor plan and…
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…
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…
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…
Picture this. A home goes up for sale in a sought-after neighborhood. Maybe it’s located in a well-rated school district or offers an ideal commute to work. You see that the home is in your range and try to beat the competition with a fast offer above asking price (this isn’t the first home you’ve bid on). But an investor has already offered more—and they’re willing to pay all cash. The seller, understandably, takes the higher and more expedient offer, and your house hunt continues.…
