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The current REO market requires an expansion of services for business growth

Housing Wire

Tiffany Fletcher: Real Estate Owned (REO), acquired by lenders , banks, or financial institutions typically due to mortgage loan defaults, involves the strategic marketing and sale of existing properties to mitigate losses on outstanding loans. Balancing supply and demand is a delicate dance between new construction and existing properties.

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Should You Get a New Construction Home Inspection? Our Best Buyer Advice

HomeLight

Clearly, you’d do your due diligence on its condition before you commit to purchasing it at a given price. However, that decision might not seem as obvious when you’re buying a brand new house : should you get a new construction home inspection?

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Appraising New Construction: Guidance for Follow-Up Inspections

McKissock

While most appraisals only require a single field visit—and in some cases none—when it comes to appraising new construction, you may need to visit the property several times. It mostly depends on the lender requirements, but you are also going to be sure you practice due diligence. Inspection during construction.

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‘We Bought a House That Hadn’t Been Built Yet’: New Construction May Be the Key To Succeed in Today’s Hot Market

Realtor.com

Nicole and Pat, however, were able to buy their house for just over half that sum by choosing new construction. The Krouses’ new-construction home in South Austin, TX Nicole Krouse. We were visiting some friends who had just moved into a new build in a part of South Austin that’s underdeveloped right now.

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How to Find Cash Home Buyers in McKinney for a Hassle-Free Home Sale

HomeLight

Increasing home sales and an abundance of new construction contribute to a competitive real estate market in McKinney. Do your due diligence Its critical to vet any cash-for-homes companies before pursuing a cash offer. Receive your offer in 24 hours and close in as few as 10 days. No showings, no repairs, no open houses.

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3 Florida Housing Markets Having the Highest Vacancy Rates

Norada Real Estate

This constant influx of new residents inevitably impacts the housing market. The main reason is a wave of new construction. A large number of housing unit approvals means that there's a constant supply of new homes hitting the market. People who want to customize are attracted towards new construction in Cape Coral.

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Home Warranties Explained: Pros, Cons, and Everything You Need to Know

The Living Room

Also, if you’re buying a new construction home with a builder’s warranty, an additional home warranty might be unnecessary. Doing Your Due Diligence It’s essential to do your due diligence when considering a home warranty. If you have more questions or need specific advice, feel free to reach out.