4 Reasons to Buy a Quick Close Home
June 7, 2018 | Lombardo Living
Quick close homes – also called spec homes, quick move-in homes, quick delivery homes, inventory homes, market homes, or immediate occupancy homes – are homes that begin construction before they’re under contract to a buyer.
It may seem odd that a homebuilder would begin construction on a home without a buyer. Why do we do this? Because life throws curve balls. People relocate, or experience life changes, or their home sells faster than anticipated. We’ve even had homeowners purchase a spec home because they loved the idea of a new construction, but didn’t want to make all the design decisions that went along with it. Buying a quick close home is a good option for anyone who is looking for a new construction home, but doesn’t have the ability or desire to wait through the build process.
Buying a quick close home might not be on the forefront of your mind when you decide to look for a new home, but there are a variety of reasons homebuyers choose a quick close home instead of a new build. Here are 4 reasons why a quick close home might be the right fit for you.
1) You have more time constraints. If you have a rental lease that’s ending, sold your existing home faster than anticipated, or had a life change that requires a move, you may need to move into a new home before the normal build time allows. When you buy a quick close home, you’ll be able to move into a new home faster than you would a new build – sometimes within a matter of weeks, depending on where the home is in the construction process and what the occupancy timeframe is. Oftentimes, builders will have an inventory of quick close homes at various stages of production, which means you might find homes that are available immediately, next month, or in the three months, depending on availability. Want to move into a new construction home before school starts or by the holidays? That’s possible when you purchase a quick close home.
2) You’re moving from out of town. If you’re relocating from far away and are looking for a new construction home, purchasing a quick close home might better suit your needs. Rather than trying to coordinate meetings, appointments, and travel around construction of your new home, you’ll be moving into an already-completed new construction home. Don’t have long to wait before you move? The shorter timeframes quick close homes offer are an advantage, as well.
3) You want a new construction home, but you don’t want to design a new home. Maybe there are other reasons you want a new home, like the open floor plans, energy efficiency, or community amenities, but you’re not super excited about selecting the options that complete the home. When buying a quick close home – depending on which stage of construction it’s in when you buy – a lot of those decisions have been made by our team of designers. Our team selections options and features that are popular with buyers when we design quick close homes, so you can be assured you’re purchasing a home with some of the hottest, lifestyle-friendly options – but you don’t have to be the one to choose them. This might not be ideal if you’re looking for a home customized to your lifestyle, but if you want a new construction home without making all of the design decisions, a quick close home might be right for you.
4) You want to see the home before you buy it. When buying a quick close home, the home is typically far enough along in the construction process where you can walk through hand get a good feeling of what you’re purchasing – no guesswork involved. You’ll be able to see how the decorator-appointed colors, flooring, and light fixtures come together, picture how you’ll set up your furniture, and imagine how your family will live in the home. Added perk of quick close homes: If you’re going the new build route and we don’t have a decorated model of the floor plan you selected, there may be a quick close home you can walk!
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