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Biden to call for first-time homebuyer tax credit, construction of 2 million homes

Housing Wire

In the address, the president will call for a $10,000 tax credit for both first-time homebuyers and people who sell their starter homes; the construction and renovation of more than 2 million additional homes; and cost reductions for renters. It is also wary of some of the proposals.

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Getting a Home Loan With Low or No Down Payment

Realty Biz

This type of mortgage can be used, not only, to buy homes in rural areas, but also for renovations, new constructions, and relocating a house. Along with zero down, it offers lower interest rates and closing costs. These programs are operated by nonprofits, certain banks, and housing finance agencies.

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Everything You Need To Know About Selling A House With A Bad Roof

Realty Biz

Most buyers don’t usually have a large amount of money, so they often use their banks’ financing to help them buy homes. The home will serve as the security for the bank’s investment. The bank needs to be able to resell the home in case of default. They may close within 14 days.

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10 Essential Money-Saving Tips to Help You Buy a House for Less

HomeLight

According to an analysis from Construction Coverage, wages have failed to keep up with home price growth since the early 2000s. The stress of it all can tempt you into taking shortcuts — like going with the first mortgage lender you find or sticking with your bank because it’s easy. Take Phoenix, for example, where prices grew 37.5%

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A Guide to Selling a Fire-Damaged Home

Realty Biz

Realtors say that selling your home as-is could be less expensive than repairing or renovating it. Real estate investors specialize in buying houses that require extensive renovations or repairs. By doing so, they can renovate houses like yours for less money. You might decide for yourself which option is better.

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A Guide to Selling a Fire Damaged Home

Realty Biz

Realtors say that selling your home as-is could be less expensive than repairing or renovating it. Real estate investors specialize in buying houses that require extensive renovations or repairs. By doing so, they can renovate houses like yours for less money. You might decide for yourself which option is better.

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Opinion: Can tech and iBuyers fix the real estate market?

Housing Wire

Proprietary analytics and external data sources, backed by a microservice architecture that connects them all via APIs, can feed optimized recommendations and assessments for any part of the sale — valuation, tax, credit score, loan rating, insurance rating, title and closing costs.

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