[Express News, San Antonio, TX – SUNDAY, 04 March 2012 edition – referenced article; “Just Closed. Builder-owned home a perfect fit”]
REAL ESTATE HIGHLIGHT: Going through the Sunday paper (a day late), I read an article and thought it was a good topic for first-time home buyers. In the article, we learn about a buyer who purchased and closed on a “builder-owned home.” After reading through it, I wondered if the general public was aware of move-in-ready, “builder-owned homes.”
Have you heard of a “SPEC HOME?” A Spec Home (or Builder-Owned Home) is a new construction home a Builder is trying to sell. It’s either a home built to show as a model (and is now for sale), or it’s a home they built for a potential buyer (and the buyer backed out). Either way, the home has never been lived in and it’s available to the public!
It’s like any other home, however. You want to have a Buyer’s Agent (your own REALTOR®) when previewing and purchasing a Spec Home. The on-site Sales Counselors and/or Listing Agents showing the property are representatives of the Seller/Builder… NOT the buyer.
HELPFUL ARTICLE: “What? The Builder didn’t tell me that!”
FOR A COMPLIMENTARY LIST OF SPEC HOMES IN YOUR PRICE RANGE, SWING BY THIS PAGE…
—> San Antonio New Home Builders <—
Agent Val A., Offering ‘Valet’ Real Estate Service Around the Clock!
If you have general real estate questions, I’m always on-call. Whether you’re a Home Buyer, Home Seller or a Tenant… I’ll gladly tailor my service to suit your needs.
Texas law requires all real estate license holders to provide the Information About Brokerage Services to all prospective clients. TREC’s Consumer Protection Notice.
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