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UWM rolls out construction-to-permanent loans

Housing Wire

Michigan-based lender United Wholesale Mortgage (UWM) has introduced a construction-to-permanent loan that covers the cost of building a home and then converts to a permanent mortgage once construction is complete. Department of Housing and Urban Development (HUD), according to lawyers. UWM, which originated $33.5

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Opinion: Don’t let red tape strangle city development

Housing Wire

I grew up in Houston, and I’ve seen the benefits and the pitfalls of real estate development in perhaps the most lightly regulated city in the United States — a place where developers don’t fret about complex building regulations, because such regulations simply don’t exist. The results are uneven, but can be inspiring.

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Become a New Home Construction Expert

The Residential Specialist

New home construction can be a profitable niche for real estate professionals who are willing to dedicate the time and effort By Myrna Traylor Most residential real estate professionals enter the real estate field with an eye on the largest market—resales of existing homes. New construction is always seen as much more expensive.

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Appraisal Inspection Vs. Home Inspection: Your Role as an Appraiser

McKissock

Appraisers often balk at assignments that require a more detailed inspection of the subject property (e.g., ” Do you believe you are acting as a home inspector when you complete a property inspection as part of an FHA assignment? Appraisers perform similar inspections, to one degree or another, in most appraisal assignments.

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Veev raises $400M to scale tech-enabled homebuilding

Housing Wire

The company says it will use the funding to scale its operations, accelerate its research and development and expand construction into new markets. The company accomplishes this through a turnkey panelized approach, providing pre-inspected, fully cladded walls directly to building sites for installation. Census Bureau.

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Building a House? Here’s Your New Home Inspection Checklist

HomeLight

Buying a house is always an emotional cocktail of excitement and stress, but doubly so when it’s a new-construction home. Download Your New Home Inspection Checklist! Get your checklist outlining the primary steps in the most critical new construction inspections. Home inspections vs. walkthroughs.

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New Year, New Home? 9 Myths About Buying a New-Construction House That Actually Aren’t True

Realtor.com

While purchasing new construction is indeed different from purchasing previously owned property, many misconceptions abound about new builds. With that in mind, we’re here to set the record straight on some easily busted new-construction myths that just won’t quit. New construction homes are more expensive.