Speculative Builder Tax

speculative builder tax

Speculative builders are subject to real estate excise tax on the selling price of the land along with all attachments including buildings, roads, and other structures. The sale of real estate is not subject to the B&O tax or retail sales tax.   A speculative builder is the consumer of all material incorporated into the real [...]

Homes Built for Speculation: Spec Home Rules

spec home rules

When you build a spec home you are creating an asset that will be sold to another person. Spec homes are built in anticipation of a sale; therefore, a construction contract does not exist. You do not use the rules for home construction contracts, which are contracts to build a home with four or fewer [...]

Australian Spec Home of the Year 2009

Australia Spec Home

The Australian Housing Industry association has awarded the finalists and Winner of the 2009 Spec Home of the Year Award. Now this is the kind of contest that we at spechomes.com can get into, and (featured to the right) the type of spec home that any home builder would be proud to display. Congratulations to Craig Sheiles Homes. [...]

Home Builder Advertising

“Feature your Inventory Homes on SpecHomes.com and drive an overwhelming response from active home buyers on the internet!” A Featured SpecHomes.com listing will appear in some of the most prominent sections of the site as well as appearing highlighted in our inventory home search results. Your featured listing will get premium visibility and increase the audience for your [...]

Home Builders drywall problems Made in China

CPSC has received about 608 reports from residents in 21 states and the District of Columbia who believe their health symptoms or the corrosion of certain metal components in their homes are related to the presence of drywall produced in China. State and local authorities have also received similar reports. Consumers largely report that their [...]

Home builders appraising the new home appraisal rules

Less than three months after new rules for home appraisers kicked in, the real estate industry is in uproar.  Realtors, new home builders, mortgage brokers and the appraisal industry itself all agree the rules are causing problems. Some are backing a bill in Congress to kill them. The new guidelines bar mortgage brokers from ordering [...]

Grand Heritage – Bowen Family Homes

GRAND HERITAGE – This resort style community offers a luxurious clubhouse, with a 300,000 gallon swimming center, state of the art fitness center, gaming rooms, computer labs, ballrooms, meeting rooms plus more!Convienent to Highway 30, George Bush Turnpike, Highway 78 and 380. Just minutes north of the brand new Firewheel outdoor mall and shopping center.This [...]

2800 Sq. Ft. Builder Inventory Home

2800 Square Foot Home Ready for Move-In   $202,635.00 4 Bed 2.5 Bath 2,800 Bldg. Sq. Ft. 2009 Zavala Forney, TX 75126MLS 10815231 Lot Size 50 Sq. Ft. Schools Forney Year Built 2007 View Property Website Description 2-story, The Tuscany. Approximately 2800 SF 4-2.5-2 & study. 1 Living and Expansive Gameroom, Oversized Covered Patio, Texas [...]

Under Construction – New Home by Centex in Cy-Fair

Cy-Fair, Texas – New Home Under Construction   $220,529.00 4 Bed 2.5 Bath 2,625 Bldg. Sq. Ft. 19914 Folly Fields Drive Cypress, TX 77429Lot Size 7,500 Sq. Ft. Schools Cy-Fair Year Built 2007 Description Brand new Centex Estate Home in it’s newest community in Northwest Houston in the Cy-Fair school District located in Cypress, Texas.  [...]