Spec House Definition

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The term "spec house" means it is a speculative venture for the builder, built with the intention of selling it as-is or with minimal changes to a home buyer. Should I Consider a Spec House? First it’s important to understand, in the building industry, there are different types of homebuilders. Some are known as custom home builders, others are tract home builders and some are "spec" home builders.

Spec definition, specification(def 2). See more. collins english Dictionary – Complete & Unabridged 2012 Digital Edition William Collins Sons & Co. Ltd. 1979, 1986.

The main goal of any spec sheet is to set out the details of how, exactly, a certain product or structure is designed to operate. Most of the time, the information included is very technical and quite extensive. It is not uncommon for spec sheets to use very complicated language, to span multiple pages, and to feature charts, diagrams, and data.

The OpenRTB spec allows for exchange specific customization and extensions of the specification.. Location of the user's home base defined by a Geo object.

New Home Construction One of the qualifications of a construction-to-permanent loan is that your new home must be an owner-occupied primary residence or a second home. The property type must be a one-unit, single-family detached home. We also require that you use a licensed builder to construct your home.Fha New Construction Loan Where do you get an FHA / Single-Close construction loan? borrowers who don’t want to purchase an existing construction property (one that has been previously owned) or a new construction home (one that is brand new and has not been owned or occupied previously) will definitely be interested in learning where to get an FHA construction loan to buy a single family home.

“Analyze your standard specifications in what you put into the. he feels many builders think of value-engineering. “Their definition of value-engineering is to make a big ugly house,” he says.

In the simplest of terms, a spec home is a home that a builder constructs with the belief that someone will eventually come along and want to purchase the home. In other words, the builder constructs the home based on speculation of what a buyer would look for.

Another large focus of the gateway is on API definition recognition and creation. Inclusion of the Swagger spec means that there is a single. which can be similar to assembling a house of cards in.

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. In other words, it’s a home that is built without a buyer. 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.