4 Reasons to Buy an Inventory Home
An inventory home is a ready-to-move in home in a new community. Inventory homes may be already finished or in the process of being built.
Unlike homes that are built after they are purchased and customized by the buyer, inventory homes may be models or “spec” homes, i.e. homes that a builder has constructed based on which floor plans, square footage, and finishes they expect will be most popular.
There are a number of key advantages to buying an inventory home. Here we’ll explore four of them.
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You Can Move in Quickly
When you purchase a new-build home, the process from when you first sign the contract to when you eventually move in takes at least several months, and often up to a few years.
With most inventory homes, you have the opportunity to move in as soon as you close the sale. That can be especially appealing for those who are selling their existing home and are looking for a smooth transition without arranging a temporary rental or other living arrangement.
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You Often Get Premium Features
Many inventory homes are repurposed model homes, and model homes are often designed to showcase the builder’s most attractive offerings. That typically means you’ll get a number of premier features and finishes.
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You Don’t Have to Make as Many Decisions
There are tens of thousands of decisions that go into a new home. We understand that many people enjoy being able to customize their new home to their liking, but for many people that process can feel overwhelming.
In inventory homes, many of those decisions have not only been made, but they’ve been made by leading décor consultants, designers, and other experts.
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You Often Save Money
Many builders offer incentives on inventory homes that are worth tens of thousands of dollars. This may come in the form of builder-backed mortgages at reduced rates, cash-back incentives, or other bonuses.
Regal Crest has several opportunities to purchase an inventory home at one of its gorgeous new communities. Contact us today to find out more.