Lighter Side of Real Estate

APRIL 17, 2024

Brand new homes often aren’t in the budget, or even available in certain areas, which makes finding a totally renovated or updated home in any price range appealing to many buyers. But any major renovations or repairs usually require permits and inspections. While some flippers cut corners for profit, not all do.

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Renovation Due diligence Inspection Branding 95

Housing Wire

APRIL 25, 2024

Whether you want to help your buyers visualize what an empty listing might look like furnished, help them find local contractors, or get them excited about renovating a fixer-upper, Houzz can help. Unlike traditional emails or texts, video emails from BombBomb let you build personal connections with leads quickly and easily.

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Agents Commercial Branding Design 340

HomeLight

JUNE 19, 2023

So whether you’re looking at a lease purchase or a lease option, it’s best to do your due diligence before getting too far. That means you’ll want to hold off on any upgrades or renovations that can’t be taken with you in the event that the deal somehow falls through. Remember, the end goal is a real estate purchase.

Purchase and sale agreement 100

Purchase and sale agreement Debt-to-income ratio Due diligence Inspection 100

HomeLight

OCTOBER 14, 2021

We’re off to see the wizard — the wonderful wizards of home improvement and renovations. Whether the buyers directly ask about the insulation or not, if they find out that a home has insulation from the 1980s, they may also begin to suspect that the home has bigger underlying renovation issues. Source: (Laura Cleffmann/ Unsplash).

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Due diligence Renovation Inspection As-is 81

HomeLight

AUGUST 31, 2021

However, we always recommend that you do your due diligence on any buyer before you provide any sensitive information, sign a contract, or send any money. But like you would any other cash buyer, do some digging before working with any investor operating under this brand known for their shaggy-haired caveman and yellow billboards.

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Proof of funds Investor Due diligence Closing 144

HomeLight

FEBRUARY 28, 2022

While you might think a renovation is as simple as doing (or hiring out) the needed work, some projects require a permit before they can happen. Were the bathrooms recently remodeled, roof redone, or was there a brand-new fence put up right before you bought the house? Some of this work may have required a permit.

Inspection 103

Inspection Due diligence Sales Construction 103

Marco Santarelli

SEPTEMBER 6, 2020

Know that passive income ideas like this require doing your due diligence, vetting the business’ numbers, and verifying that your rights as an investor are protected. Know that this requires doing your due diligence and drafting the right legal documents to protect your investment.

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Lending Loans Investor Branding 135