*
I recently built a spec home & have had quite a few people interested in buying it at the stage it’s at (sheetrock is finished & primed). My question is, how do you sell an unfinished home? Unless the buyers have the cash to buy it outright or atleast to finish it the banks won’t loan. I did sell this one unfinished because the buyer had the cash to finish it but I’m going to build another one. Since so many people were interested in buying unfinished I’d like to offer the next one that way. Does anyone have any experience in this type of selling? Forget me financing any portion! I’m a builder not a bank.
Discussion Forum
Discussion Forum
Up Next
Video Shorts
Featured Story
Skim-coating with joint compound covers texture, renews old drywall and plaster, and leaves smooth surfaces ready to paint.
Featured Video
Highlights
"I have learned so much thanks to the searchable articles on the FHB website. I can confidently say that I expect to be a life-long subscriber." - M.K.
Fine Homebuilding Magazine
Fine Home Building
Follow
-
Fine Homebuilding
Dig into cutting-edge approaches and decades of proven solutions with total access to our experts and tradespeople.
Start Free Trial Now -
GBA Prime
Get instant access to the latest developments in green building, research, and reports from the field.
Start Free Trial Now
Replies
*
I recently built a spec home & have had quite a few people interested in buying it at the stage it's at (sheetrock is finished & primed). My question is, how do you sell an unfinished home? Unless the buyers have the cash to buy it outright or atleast to finish it the banks won't loan. I did sell this one unfinished because the buyer had the cash to finish it but I'm going to build another one. Since so many people were interested in buying unfinished I'd like to offer the next one that way. Does anyone have any experience in this type of selling? Forget me financing any portion! I'm a builder not a bank.