what does a spec house mean
2 popular meanings of A-SPEC abbreviation. Consequently a spec home isnt an option for those who want a custom build.
A spec home is a move-in-ready new home often built as a display house for a new community.
. Specification usually used in plural also. A spec home is a new move-in-ready home built by home builders across the country. Spec definition specification def.
A-SPEC is listed in the Worlds largest and most authoritative dictionary database of abbreviations and acronyms A-SPEC - What does A-SPEC stand for. When creditors want you to know that you owe them and they mean business they may choose to take legal. The builder selects the finishes typically current trends so the spec home appeals to a broad segment of buyers.
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A spec home can also be called a move-in ready home says Dannel Shepard a broker associate with ReMax Time who serves the greater Cincinnati area. What does SPEC mean. The other suggests that it stands for on specification in other words being built to a base spec decided by the yard while obviously also meaning that a build has started without a client behind it.
In other words its a. Prior to January 2003 certain counties allowed the provisions for contractors to spec build in their county of residence. Spec buildings are those built by a licensed contractor on hisher own land for the purpose of resale when there is not a custom contract.
A spec home is one that you build under the speculation that you will find a potential buyer who is willing to purchase the house. Homebuilders offer spec homes because not every homebuyer has five to six months to wait for their new dream home to be built. What does a spec house mean Sunday March 13 2022 Edit.
There are two camps of thought the first is that it stands for on speculation referring to the practice of commencing a build speculatively. A spec home is a house that was constructed by a developer speculatively. Collins English Dictionary - Complete Unabridged 2012 Digital Edition William Collins Sons Co.
What is a spec house. The phrase spec homes is actually short for speculative homes meaning the builder speculates that buyers will want to purchase the home when it goes on the market. A spec home is a brand new property that is completed or nearly completed before it is sold.
A spec home on the other hand is built from a plan that the builder determines. An umbrella term that refers to the Aromantic Spectrum and the Asexual Spectrum. In other words its a home that is built without a buyer.
What does A-SPEC mean as an abbreviation. Showing only Military and Government definitions show all 11 definitions Note. The homes layout and flooring and its appliances and features are chosen by the home builder not the buyer.
This means that these brand new custom built homes are completed or almost completed before they have actually been sold. 1 day agoThe term spec home stands for speculative house but they can go by other names. In general it is a legal notice thats put on file as the consequence of an unpaid debt.
Vernon Greene - October 19 2020 1356. Information and translations of SPEC in the most comprehensive dictionary definitions resource on. 6 meanings of SPEC abbreviation related to Construction.
Builders build homes in speculation of selling but they dont have a specific buyer in mind. The spec house is a speculative venture for the builder meaning it was built with the intention of selling it for a profit as-is or with minimal changes. The builder may have a certain type of home buyer in mind such as professional couples with children or empty nesters but the spec home can also be built with features that appeal to a wide audience.
However legislation was put in place to allow these. These are houses that are built before a home buyer makes a purchase. A single quantity such as a dimension or a measure of performance describing a product especially as part of a.
There are both pros and cons to spec home building. What is SPEC meaning in Construction. One does not need to be on both spectrums to be a part of the A-spec Community.
In the hope of finding a buyer and making a profit later. A spec home is a house that is designed by a builder rather than a buyer in hopes that someone will come along and buy it. A spec home is a new move-in-ready home built by home builders across the country.
A residence built without a particular buyer in mind or under contractbut designed to appeal to the maximum market possibleSpec houses are typically built in an inexpensive mannerbut with decorative finishes commensurate with the tastes of the target marketFor examplean upper-bracket spec home might have a marble entrywaybut wire shelves in the. There are many pros and cons to this approach. We have 4 other definitions for A-SPEC in our Acronym Attic.
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