What should you expect when you buy a model or “spec home” from a builder?
A model home features upgrades to show the builder’s floorplans to advantage. If you can wait until the builder sells all their inventory, you may get the model at the initial offer price and with more upgrades than other homes in the neighborhood.
A “spec” home is move-in ready. The clock is ticking on the builder’s bank loans, materials and labor, so if you’re preapproved by a lender and have no contingencies to delay closing, you can move in quickly.
Many builders have their own contracts, so you should be represented by your Berkshire Hathaway HomeServices Florida Realty network professional. Builders won’t negotiate price because of other homes in the subdivision, but your agent may be able to negotiate free or at-cost upgrades like adding a fence or back yard sod. The agent can help you negotiate better terms, see you through inspections, and make sure the builder performs as expected.
Amy Vulpis is a full-time real estate professional with Berkshire Hathaway HomeServices Florida Realty in Fort Lauderdale, Florida. She is dedicated to providing her clients with the finest customer service available. For more information on the Fort Lauderdale Real Estate market contact Amy Vulpis, Realtor @ 954.591.4280 or visit www.amyvulpis.com.
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