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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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‘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 Long Does It Take to Build a House?

Realtor.com

Census Bureau’s most recent 2020 data from the Survey of Construction estimates approximately 6.8 months as the average length of time from start to completion of new privately owned residential buildings. months, while construction in the south is at about 5.9 For instance, houses in the northeast are averaging 10.7

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What Must Be Disclosed When Selling a House in Georgia?

HomeLight

DISCLAIMER: As a friendly reminder, this blog post is meant to be used for educational purposes only, not legal advice. If you need assistance navigating the legalities of what to include on the Georgia seller’s disclosure form, HomeLight always encourages you to reach out to your own advisor. What is a seller’s disclosure? Find Agent.

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Navigating Ohio Home Inspections: A Guide for Homebuyers

Redfin

Michael Hazlett of Clarity Property Inspections recommends getting a home inspection even if the home is brand new. You absolutely should have any newly purchased house inspected, even if it’s brand new,” says Michael.“We We find significant issues even in new construction.”

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Essential Real Estate Advice in 6 Steps

Louisville Homes

Even with new construction , it always pays for a buyer to have their own Realtor. Buying a house is a huge investment, so you should never go into it without doing your due diligence. You can go through them daily, and they will alert you whenever there is a new listing that fits in with what you are looking for.

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What Buyers and Sellers Need to Know About Getting a Home Inspection in North Carolina

Redfin

New South Property Inspections recommends that “In addition to the general home inspection, buyers should also consider having a sewer scope of their underground sewer drain lines, especially if the buyer is purchasing an older house with cast iron drain lines or a lot with many trees. Why should you get a home inspection in North Carolina?