what does "turn key" home mean?

(0) | asked by: nyleamah kinsey | share | 74 months ago | Report

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"Turn Key" means the property is ready to move in. As said before that is all relative. Your ready to move in could be different than someone else's. Always inspect before you buy.
(2)   |   by RICHARD GIBSON   |   74 months ago   |   Report
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answer by Alvin King    |   Contact Me
In the Real Estate world we utilize phrases like this, which means that you have a property that is in very good condition, and you could move in without any repairs. This is what most buyers expect in a property anyway.
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answer by TONI ANDERSON    |   Visit My Website   |   Contact Me
As several have relayed here, "Turn Key" is a Realtor phrase which is supposed to mean the home is clean and ready to move in with little or no repairs needed. Many Banks, have taken back homes and rehabbed them and put them on the market. I work with many buyers and these homes are the most desireable. Often times a "turn Key" home will have multiple offers and it will drive up the price. If you are looking for a home like this, be prepared to negotiate, and often at a higher price than what it is listed at. A Couple of items to help your offer through such as a pre-approval letter, a higher ernest money deposit, a shorter inspection period will make your offer more attractive to the seller. Feel free to contact me if you have any questions. Good Luck!
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answer by Connie Lindsay    |   Contact Me
Turn key typically means, move in ready.
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That term means the home is ready to move into and shouldn't need anything done to it. It is similar to saying mint condition or outstanding... things like that.
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answer by JORY BLAKE    |   Visit My Website   |   Contact Me
Hi There Nyleamah! The term "Turn-key" implies the house is in perfect move-in condition and requires no work whatsoever. I'm always to answer your questions or provide information. Thank you, Jory Blake theJORYgroup Keller Williams Realty of Riverside
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answer by Robert Gursslin    |   Visit My Website   |   Contact Me
Turn key means that buyer can move right in after closing without any or little repairs
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answer by TIFFANY WALLACE    |   Visit My Website   |   Contact Me
The term "Turn Key" like a lot of things in Real Estate is a little on the subjective side. I use it to convey "clean and ready to move in". As I said, this means different things to different people.
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answer by TIFFANY WALLACE    |   Visit My Website   |   Contact Me
The term "Turn Key" like a lot of things in Real Estate is a little on the subjective side. I use it to convey "clean and ready to move in". As I said, this means different things to different people.
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