Realty Biz

APRIL 12, 2023

Buying a new construction home involves a different process than buying an existing home, and some people wonder if they need a real estate agent at all to buy one. While you technically do not need a realtor to represent you when you buy a new construction home, there are a few reasons it would be in your best interest to do so.

New Construction 52

New Construction Construction Inspection Finance 52

Louisville Homes

DECEMBER 21, 2021

On a regular basis, acquiring good quality construction materials, visiting the construction site, and negotiating with the labor force, laborers, and painters is a physically challenging activity. In this piece, we’ll look at new construction pros and cons. For a variety of reasons, newly built homes are in high demand.

New Construction 98

New Construction Construction Inspection Land 98

Realty Biz

MARCH 29, 2021

When purchasing a brand new construction home, they are often covered by a warranty for about the first one or two years of ownership. All VA and FHA loans require that a brand new construction home carry a warranty before the loan will be approved. What is Covered in a New Construction Warranty?

New Construction 109

New Construction Construction FHA loan Branding 109

HomeLight

OCTOBER 30, 2020

Selling a house “as is” without inspection is the definition of driving a hard bargain. As for whether you can sell a house as is without inspection — the answer is yes, it’s possible and does happen. Why ‘as is’ doesn’t always mean no inspection. However, a buyer could still include an inspection contingency in the contract.

Inspection 105

Inspection As-is Inspection contingency Investor 105

Hank Miller Team

NOVEMBER 22, 2022

There are significant differences between an appraisal and a home inspection, it’s best for every home buyer to become familiar with the purpose of each. What is a Home Inspection? Unlike appraisals, home inspections are not a requirement for any transaction. All parts of the home are inspected; inside and out, roof to basement.

Inspection 52

Inspection Lending Equity Agents 52

Realty Biz

OCTOBER 21, 2023

Development financing for larger new construction projects and alternative financing approaches should also be considered. A spec home is a newly constructed residential property built by a developer or builder without a buyer already in place. What is a Spec House? The definition of a spec house is straightforward.

Loans 108

Loans Finance Construction Commercial 108

Realty Biz

AUGUST 29, 2023

We will provide the best tips to ensure a smooth construction process. Understanding the Construction Process When embarking on the journey of building a new house, it is crucial to have a solid understanding of the construction process. Buying new construction can be exciting but quickly become a nightmare.

Construction 94

Construction Inspection Design Land 94

Housing Wire

AUGUST 3, 2023

Powerful AI tools are already transforming residential real estate and forward-thinking agents are paying attention. Geoff Hinton, a professor at the University of Toronto, and two students, constructed a viable neural network. So how can real estate agents be so cavalier about their job? It re-emerged in the AI scene in October 2012.

Agents 370

Agents Technology Development Industrial 370

Redfin

JULY 14, 2023

This Redfin article aims to provide you with a comprehensive understanding of barndominiums, from their construction to living in one, while highlighting the benefits they offer, whether you land in Oregon or Texas. A barndominium is a term used to describe a hybrid structure that combines a barn-like exterior with a residential interior.

Construction 59

Construction Inspection Design Residential 59

RIS Media

JUNE 6, 2021

Getting a loan for land is a smart move, especially when you will not be constructing your home right away. This applies if you intend to buy raw land; meaning there are no improvements or construction on it. The land most likely will be used for construction development, which is a safer investment for lenders.

Land 120

Land Loans Debt-to-income ratio Construction 120

McKissock

JANUARY 6, 2023

An assessor may contract with an independent fee appraiser to help identify property characteristics, measure properties, confirm the building’s condition and quality of construction, or review assessment disputes from taxpayers. Home Inspector – In most jurisdictions, a license is required for this job, in addition to specialized training.

Lending 74

Lending Land Commercial Inspection 74

The Residential Specialist

FEBRUARY 26, 2021

New home construction has become an enticing option for buyers—and right now the market is surging. Even before the coronavirus pandemic put unanticipated stress on the housing market by reducing inventory and increasing prices, new home construction was an enticing option for many prospective homebuyers. By Andrew Conner.

New Construction 97

New Construction Construction Inspection Agents 97

Realtor.com

JANUARY 5, 2022

A decade in the making, the structure’s construction process required some 600 workers. ” The neighbors have made sure of that, raising a ruckus to stop the construction of oversize homes in the area. That means it will need to be inspected for safety and code compliance before it can be inhabited by its new owner.

Land 124

Land Construction Residential Development 124

HomeLight

JULY 25, 2022

And, even a home built with quality construction can fall into disrepair over decades or within an instant after a catastrophic weather event or other event tests or compromises its integrity. In the December 2021 survey, 19% of buyers waived the inspection contract contingency, down from its height of 27% in July 2021.

Inspection 105

Inspection Pre-approval Loans Finance 105

HomeLight

AUGUST 30, 2022

It consists of two major sets of information to determine an accurate value: A walkthrough inspection of your property and an examination of the comparable homes in your area (called comps ). The inspection itself can take 15 minutes to several hours, depending on the size and complexity of the home. Walkthrough inspection.

Inspection 112

Inspection Agents Loans Construction 112

HomeLight

OCTOBER 17, 2022

Georgia home sellers are obligated to inform buyers of any known material defects in the home’s condition that would not be found by a buyer upon reasonable inspection. Once an offer on a home is accepted, the buyer is usually given a specified number of days to inspect the property. Poses an unreasonable risk to people.

Purchase and sale agreement 102

Purchase and sale agreement Due diligence Earnest money deposit Inspection 102

McKissock

JANUARY 31, 2023

” “There is a lot of research and number crunching to do, so asking for a value at time of inspection is a no go.” ” “When to use new construction or remodeled construction as a comparable.” Educate yourselves on construction details and styles of homes. Exaggerating isn’t cool.

Agents 97

Agents Inspection Renovation Construction 97

Realty Biz

JUNE 26, 2021

Local and state officials are continuing to investigate the disaster, which saw at least 55 of the 136 units in the Champlain Towers South residential building suddenly collapse at around 1.30 Nearby residents in Surfside will be feeling especially nervous, as the town is home to many residential towers of similar age.

Inspection 63

Inspection Principal Construction Residential 63

Broke Agent Media

MARCH 30, 2023

Existing-home sales, pending contracts and new-home construction pending contracts have turned the corner and climbed for the past three months. While access to commercial mortgage loans could become increasingly difficult, residential mortgage loans are expected to be more readily available. population (5.0 million).

Sales 98

Sales Loans Closing MLS 98

Point2Homes

MAY 28, 2021

If so, they’ll mention it on their website alongside other residential perks, such as the property gym or dog park. Leadership in Energy and Environmental Design (LEED) certifications mean an apartment building has passed an inspection that requires numerous eco-friendly standards. Find Recycling Programs. Locate LEED Certifications.

Construction 98

Construction Inspection Residential Technology 98

Realty Biz

SEPTEMBER 28, 2022

That is a main reason why most lenders require an inspection of the property before they lend the money. Most states mandate that homeowners fill out a residential disclosure form which includes specific disclosures about the roof. They will then request an inspection. Lenders view all of the appraisals. Selling Quickly.

Purchase and sale agreement 76

Purchase and sale agreement Inspection Investor Closing costs 76

Realty Biz

JULY 5, 2023

A septic tank is an integral component of a residential wastewater treatment system, responsible for efficiently processing and disposing of household waste. Do Regular Inspections Regular septic inspections allow you to identify potential issues before they become significant problems.

Inspection 81

Inspection As-is Design Construction 81

Redfin

MARCH 3, 2021

A building permit is a legal document issued from the local government that allows you to proceed with construction on a project. Although requirements vary from city to city, the general rule of thumb is that structural, electrical, plumbing, or mechanical work will require a residential permit. What is a building permit?

Inspection 68

Inspection Construction New Construction Residential 68

HomeLight

MARCH 30, 2021

What does due diligence mean in residential real estate? Some people just focus on a home inspection and that’s not enough. If you live in a caveat emptor state, your due diligence may need to include more specialized inspections (see below). Get an inspection. Consider specialty inspections. Review the CC&Rs.

Due diligence 104

Due diligence Inspection Title Pre-approval 104

McKissock

JANUARY 14, 2022

The negative impacts on the marketability of residential properties caused by odors from pet dander, feces, and urine can be significant factors in the price a buyer is willing to pay. four-year-old masonry house of well above average quality construction. For example: I had an assignment to appraise a 3,500 sq.

Subject to inspection 77

Subject to inspection Inspection Residential MLS 77

Realtor.com

MAY 12, 2021

“It’s so important to plan ahead, stick to your budget, and map out a timeline that works for your schedule to avoid having to cut corners,” says Breegan Jane , interior designer and partner at Trane Residential. You’ll also want to cover all the air ducts to prevent construction dust from being sucked into them.

Renovation 116

Renovation Inspection Construction Residential 116

RIS Media

JULY 9, 2021

But the increase in attention—around the world—might be the only good thing to come out of such a grim event, according to construction restoration engineers. A building constructed in 2021 should not generate as much concern in 2061 as we have today about a building built in 1981,” he says. Interior Cracks.

Construction 102

Construction Inspection Development Commercial 102

Redfin

OCTOBER 23, 2023

As the real estate market in Oregon’s largest city continues to flourish, prospective homeowners need to understand the critical importance of home inspections in their buying journey. Why is a home inspection important in Portland, Oregon? It’s known for its diverse neighborhoods, historic homes, and modern constructions.

Inspection 59

Inspection Pre-qualification Purchase and sale agreement Construction 59

HomeLight

AUGUST 20, 2021

Typically within a week after you’ve had the house inspected, you’ll most likely have to endure a home appraisal , a professional assessment of your home’s value. Poor quality construction. the impact of quality of construction on an appraisal also depends on current market conditions. Damaged roof.

FHA loan 104

FHA loan Inspection Pre-approval Loans 104

Realty Biz

DECEMBER 31, 2020

Even if significant new construction begins in the next couple of months (unlikely), it won’t create an increase in inventory until at least late 2021. Not common, but what some buyers are beginning to do is waive appraisal and inspection contingencies to make their offers more attractive to home sellers. According to the U.S.

Inspection contingency 112

Inspection contingency Inspection Closing Loans 112

Louisville Homes

SEPTEMBER 9, 2022

Even with new construction , it always pays for a buyer to have their own Realtor. Have the Property Inspected Before You Buy It. This one is truly essential real estate advice, never (if you can help it) purchase a house without an inspection. Team Up with a Realtor.

Due diligence 52

Due diligence Pre-approval Inspection New Construction 52

Realty Biz

APRIL 8, 2022

Over time, the investigation found design failures, shoddy construction, damage, and neglect that created the perfect conditions for a deadly chain reaction. Also, our weekly Ask Brian column welcomes questions from readers of all experience levels with residential real estate. Please leave your comments.

Finance 73

Finance Loans Construction Property Management 73

Realty Biz

AUGUST 15, 2023

A septic system is an on-site wastewater treatment system commonly used in residential properties not connected to a municipal sewer line. Regular maintenance, including periodic inspection, pumping of the septic tank, and proper waste disposal practices, helps prevent issues such as backups, odors, and system failure.

Inspection 67

Inspection Finance Design As-is 67

Point2Homes

OCTOBER 19, 2021

Look for properties in up-and-coming neighborhoods or in residential areas that are in high demand. Ideally, the property should be a modern construction, with three bedrooms and two bathrooms, in the middle to upper price range for the area it’s located in. The first thing you need to scout is a good location. Find Financing.

House Flipping 94

House Flipping Renovation Pre-approval Finance 94

Realty Biz

MARCH 6, 2023

Real estate developers are looking for properties like yours because they want to use their construction experience and resources to invest in properties at below-value prices. They are professional home sellers who work in your neighborhood, so they don't have to depend on third parties' inspection reports or appraisals.

Investor 81

Investor Inspection Renovation As-is 81

Realty Biz

JANUARY 2, 2023

Real estate developers are looking for properties like yours because they want to use their construction experience and resources to invest in properties at below-value prices. They are professional home sellers who work in your neighborhood, so they don't have to depend on third parties' inspection reports or appraisals.

Investor 80

Investor Inspection Renovation As-is 80

Realty Biz

SEPTEMBER 23, 2023

The agent also helps with the paperwork, including making offers, reviewing contracts, and coordinating inspections and appraisals. Whether it's residential, commercial, or investment properties, working with an agent with expertise in your desired area can be highly beneficial.

Purchase and sale agreement 73

Purchase and sale agreement Pre-approval Agents Pre-qualification 73