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Article #6324

Re: Buying a spec. home from builder

#6324
From: Paul Barnett
Date: Thu, 26 Jan 1995 17:54
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In <3g7s48$opg@news.onramp.net> Becky Swann <becky@onramp.net> writes:

>Not naive at all, Will. "Spec Home" is jargon for a home built on
>speculation by a builder. Model homes are spec homes, but so are any 
>homes the builders erects without their having been presold, gambling 
>that a buyer will come along before completion.  It is generally
>"safer" to buy a spec, since you are not really buying a pig in a poke 
>(unless you DON"T have it inspected!) but you don't have the options
>to select colors and materials either. A completed spec is a drain to 
>a builder...he needs to turn inventory to finance the next build job.

Some builders, like David Weekley, will make minor changes to a spec
home at the request of the buyer.  Wallpaper is frequently changed,
since the builder sometimes choses 'rememberable' wallpaper that would
quickly lose its appeal for most people.  Interior Paint would be more
difficult, and carpet is probably out of the question without a
significant charge.

I have seen closet walls moved, and even new closets installed in a spec
home prior to sale.  It doesn't hurt to ask.

-- 
Paul Barnett        Convex Computer Corp.
MPP OS Development  Richardson, TX
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From: barnett@convex.com (Paul Barnett)
Newsgroups: misc.consumers.house,dfw.general
Subject: Re: Buying a spec. home from builder
Date: 26 Jan 1995 11:54:16 -0600
Organization: CONVEX News Network, Engineering (cnn.eng), Richardson, Tx USA
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