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2% Rebate on Indianapolis Spec Homes






Silverthorne Homes Spec Home at Aberdeen Bend of Carmel


What are Indianapolis Spec Homes?

An Indianapolis “spec home” is one built by an Indianapolis new home builder on “speculation” the builder can sell it before or soon after he completes it.

That is the true meaning of a spec home, but sometimes the term “spec homes” is used to describe homes that weren’t built to be spec homes.



Pulte Spec Home in Zionsville-Cobblestone Lakes


Contract cancellations or “back-outs” are a main source of Indianapolis spec homes currently on the market. Contract cancellations can result for many reasons such as loss of job, job transfers, death in the immediate family, medical problems, etc.

Also, a change in the credit record of the home buyer, as an example, they think a big new SUV would look good sitting in the front drive of their new home. The home buyer buys a big SUV before they close on the house, which the vehicle loan shows up on their credit record and they no longer qualify for the home loan. Yes, this does happen.






Centex Spec Home at Hayden Run in Carmel


Indianapolis spec homes can be called a lot of different names in the Indianapolis new home market. Centex Homes Indianapolis calls their homes “Showcase Homes”, Beazer Homes Indianapolis calls theirs “Move-In Ready Homes”, KB Homes Indianapolis is “Quick Move-In Homes”. Most Indianapolis home builders call them “inventory homes”.

Why would you want to consider an Indianapolis spec home?

The main reason is you want a new home quick; you don’t have time to wait on building a new home. Building a new home in Indianapolis area will take from four to six months.

Another reason could be you just don’t want to go through the hassle of building a new home. There are a lot of decisions to make in building a new home; buying a spec or inventory home most of those decisions are already make for you.

Spec homes are usually the builder’s popular floor plans and upgrades.

Indianapolis new home builders may be more negotiable on their spec or inventory homes than contract homes. They want to turn them fast so they can build more.






New Spec Home in Fishers


I have found most major Indianapolis new home builders, whether they are production builders or Indianapolis custom home builders, will have inventory homes available for quick possession. It is a good idea to view these spec homes even if you plan on building, it will give you a good idea of the quality and workmanship of the builder.






New Spec Home in Avon


How do you find Indianapolis spec homes?

Most Indianapolis new home builders will list their spec homes with local real estate agents. I can do a search for you on our MLS and also check with the builder of your choice for their spec homes.

By using my 2% Indy New Home Buyer Rebates Program to buy an Indianapolis spec home will save you thousands of dollars. It is simply the smart way to buy your new home.

Now is the time to consider Indianapolis spec homes because of the recent downturn in the real estate market. There is a good selection of spec or inventory homes available in the Central Indiana area.

Please submit the “New Home Buyer Introduction Form” below and we can get started in finding you a new Indianapolis home.





New Home Buyer Introduction Form
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