What is a spec house?
We often get questions from homebuyers about industry terminology. Like, what exactly is a ‘spec house?’ Simply put, a spec house is a move-in ready home.
A move-in ready home is newly constructed and is either fully move-in ready or close to being move-in ready. These homes are sometimes referred to as spec homes, inventory homes, quick move-in homes (QMIs), or quick delivery homes.
What are the benefits of a move-in ready home?
Move-in ready homes provide homebuyers with a shorter wait time and typically include designer finishes and features. Below are the top three benefits to choosing an HHHunt Homes move-in ready home!
- Less waiting. With a move-in ready home, you can be in your new home in as little as 90 days. Less time waiting means more time living in your dream home.
- Less Stress. Move-in ready homes have structural and design features already selected for you. Decision-making is left to the experts; making memories is left for you.
- A Fixed Price. Since move-in ready homes’ options and design features are pre-selected, it is usually safe to assume the price advertised is what you will pay. This is very desirable for financing, as it’s a fixed amount.
Do you have questions about financing a new construction home?
HHHunt can help! We want your homebuying journey to be enjoyable and a major part of that is finding a lender you can trust.
We partner with several mortgage providers in Richmond, Williamsburg, Hampton Roads and Raleigh who share our goals and understand our buyers’ needs. Our relationship with each lender is not based on referral fees. Instead, we choose our lenders because they understand our business and listen to the needs of our customers.
Who is HHHunt?
We hope you find this information helpful as you continue your home search. At HHHunt, we believe it’s how you live that matters.® We want to offer home choices uniquely designed for you, whether that’s an apartment home, townhome, condo, or single-family home.
No matter your stage or phase of life, we’ve got you covered with a convenient lifestyle and wonderful amenities in the most sought-after locations in Virginia, North Carolina, South Carolina and Maryland.
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