If you're looking for a new home in Edmonton and are short on time, consider looking into quick possession homes. These homes are ready to move into quickly and offer a great way to get into your dream home without the wait. Here's what you need to know about quick possession homes Edmonton.
What is a Quick Possession Home?
A quick possession home is one that already has been built and is ready for immediate occupancy. This means that some of the typical waiting period associated with purchasing a newly built home will be eliminated. The builder will typically have the development completed and even have landscaping done as well, so all that's left for you to do is move in!
Benefits of Quick Possession Homes
The primary benefit of buying a quick possession home is that you can move in much sooner than if you were to build from scratch. The wait time can be significantly reduced, which means that you won't have to worry about renting another place or staying with family while your dream home is being built. In addition, these types of homes usually come with many upgrades included, such as upgraded appliances and finishes, so they can provide more value than building from scratch at no extra cost. Finally, since these homes are often heavily discounted by builders who want them off their books quickly, they can represent an incredible value for buyers who don’t mind sacrificing customizing their own space.
Things To Consider With Quick Possession Homes
When looking at quick possession homes it's important to keep in mind that there may still be some construction happening nearby as the development continues around your house. Additionally, depending on how long the house has been sitting vacant prior to purchase there may be minor repairs needed or small maintenance items overlooked during construction (e.g., caulking around tubs). Finally, depending on where you buy there may be additional costs associated with taxes or insurance payments due immediately upon closing due to the fact that you are taking immediate occupancy versus waiting until later when construction would normally complete (e.g., HST).
All in all, quick possession homes can provide an excellent opportunity for those looking for a new place to call home quickly without sacrificing quality or value. Make sure to do your research before making any decisions so that you know what kind of repairs or maintenance may need doing on the property and also whether additional taxes or fees may apply due to taking immediate occupancy instead of waiting until construction completes normally before moving in. With these considerations taken care of - happy hunting! Have fun finding your perfect quick possession home!