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What are Spec Homes?

What are Spec Homes? Any house or condominium that has already begun construction but doesn't have a buyer for it is a speculative or spec home (also referred to as an inventory home). They can range from holes in the ground to completely finished

7 Reasons to Own Your Own Home

Tax breaks . The U.S. Tax Code lets you deduct the interest you pay on your mortgage, property taxes you pay, and some of the costs involved in buying your home. Gains . Between 1998 and 2002, national home prices increased at an average of 5.4 percent