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Opinion: More financing options for ADUs are needed

Housing Wire

In the ongoing struggle for attainable housing, one positive development has been the increased availability of funding options for homeowners seeking to incorporate Accessory Dwelling Units (ADUs) into their properties. These will help on the margin, but we still need smart lenders to help create even more robust financing options for ADUs.

Finance 485
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7 Smart Ways To Lower the Cost of Buying a New-Construction Home

Realtor.com

Compare that with a preexisting home’s median price of $396,300 , and it’s clear that buying brand-new might set you back tens of thousands of dollars extra. But homebuyers should also know that they can lower the costs of new construction right when they make the purchase through some smart negotiation tactics.

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

Realtor.com

Getty Images Many first-time homebuyers might shy away from the prospect of buying a brand-new home, assuming: It will cost too much. While purchasing new construction is indeed different from purchasing previously owned property, many misconceptions abound about new builds. New construction homes are more expensive.

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How to write a lead-winning, memorable real estate agent bio (+ examples)

Housing Wire

Accreditations and designations Highlight your professional credentials and any special designations you’ve earned. With extensive experience in new construction home sales, Janet is certified in luxury home sales and specializes in relocation and new construction builder sales.

Agents 410
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What Are Builder Incentives? The Secret to Getting a Deal on a New-Construction Home

Realtor.com

Builder incentives are promotions offered by developers that, much like a coupon, cut the cost of purchasing property in that community. Examples might range from “For a limited time, get $5,000 in designer upgrades!” Homebuilders may offer incentives at any stage of the project’s development.

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Things Builders Should Know About Spec Home Loans

Realty Biz

First-time Spec house builders need to understand the nuances of financing to ensure successful projects. From navigating traditional mortgage loans to exploring non-conventional options, various financing solutions are available. Buyers want to feel confident in the builder and their financial qualifications when building a new house.

Loans 108
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FHFA Announces More than $1.1 Billion for Affordable Housing Programs

RIS Media

Department of Housing and Urban Development, allocates funding annually to states and state-designated entities for the production or preservation of affordable housing through the acquisition, new construction, reconstruction and/or rehabilitation of non-luxury housing. The Capital Magnet Fund, overseen by the U.S.