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How Are Pre-Construction Sales This Fall?

Toronto Realty Blog

What does it mean when the real estate market is slow, prices have declined, pre-construction sales and prices are even more sluggish, and yet some pre-construction condominium developers in the midtown area are currently charging up to $2,000 per square foot? Maybe you can come up with a better analogy for me?

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Once at the fringes of housing finance, home equity investment companies look to grow their stake

Housing Wire

In return, Hometap gets an agreed-upon percentage of the sale price or appraised value within a 10-year period. Rated securitizations of home equity agreements and home equity investments is also adding optimism about further expansion as they signal that institutional investors are warming up to the asset class, sources told HousingWire.

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What to Look For in New-Construction Homes: These 5 Crucial Aspects Should Be on Your Radar

Realtor.com

fstop123/Getty Images Few things are as exciting as purchasing a newly constructed home. There are a lot of factors that could make a brand-new home a less than ideal purchase. So, before closing on a new-construction home, here are some things you need to consider. The builder’s reputation.

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What Causes Pre-Construction Condo Cancellations?

Toronto Realty Blog

Remember, developers can start pre-sales before they have a final design or approval, and of course, they can always change the design. So why not start taking deposits on an empty site when you don’t even have an agreement with the city on what to build? We talked a lot about sales on Monday as a reason for delays.

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Beware Those Devious Rental Contracts!

Toronto Realty Blog

And about an hour before sitting down to write this, a pre-construction buyer from 2019 asked me to look at his Agreement of Purchase & Sale and tell him whether or not he can withhold the funds due on final closing because of what he perceives as “material defects.” A free furnace?

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131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

This tool, also known as a like-kind exchange, allows investors to defer paying capital gains taxes on a sale. ” If a property is active contingent, a buyer has submitted an offer to purchase a property, but the sale won’t be finalized until certain conditions, or contingencies, are met. Active contingent. Call option.

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What Legal Documents Will You Need for Buying a House? Here’s Your List

HomeLight

Your agreement with a buyer’s agent may be one of the first legal documents you’ll encounter when buying a home. Dobbs works in Illinois, where buyer representation agreements are not common. This is why it’s so important to have a thorough home inspection conducted during the due diligence period of your purchase agreement.