THE builders and unions offered to do a feasibility study for any community with available land.
In 2003, a builder offered $2.88 million for 120 acres of the land in order to build 72 houses.
The builder is offering the remaining 264 undeveloped lots in the 650-unit development.
The first house was completed as a model, and the builder offered to finish the others and sell them to buyers for $4 million.
This allows builders to offer lower prices, which in turn can make homes affordable to a larger percentage of the population.
Large builders offer benefits to spur business while others simply wait out the slow periods.
Typically, builders offer many options and upgrades for potential buyers of their model homes.
The builder offers a special price for the houses because the speculator agrees in advance to buy three.
Although cost is the major reason that most builders do not offer such houses, tradition also plays a role, he noted.
Some professional builders also offered both kits and finished boats.