Housing Wire

FEBRUARY 8, 2022

Bill Bymel, managing director at Spurs Capital , an investment manager specializing in distressed mortgages, said that about 15% of the overall portfolio during the pandemic contained non-communicative borrowers, up 50% compared to the same pool of borrowers pre-COVID. Still, monthly foreclosures were half the pre-pandemic levels. “We

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Loans Pre-approval Mortgages Principal 362

HomeLight

MARCH 30, 2021

Some people just focus on a home inspection and that’s not enough. Future developments: Research any commercial land purchases or leases in the area and see how they fit in with your desires. Pre-approval letters are usually good for 60 to 90 days, so don’t enter this stage until you’re serious about your home search.

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Due diligence Inspection Title Pre-approval 103

Redfin

NOVEMBER 28, 2023

7 crucial pre-build tips for your Georgia home 1. Begin by determining the total amount you can afford to spend, then break it down into detailed categories, accounting for land purchase, design and permits, construction costs, and interior finishes. Post-approval, periodic inspections guarantee alignment with approved plans.

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Construction Pre-approval Design Inspection 34

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. Design and appeal can offset actual age.” Ford shares an example: “In California, pre-1978 and pre-1992 housing were of lower quality.

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FHA loan Inspection Pre-approval Loans 104

Redfin

JUNE 21, 2023

Scott Jones, the economic development director for the city of Manor, Texas , proudly showcases his community as a shining example of a location’s potential. Never buy a property without having an inspection A home inspection is pivotal in identifying potential flaws within a property.

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Due diligence Earnest money deposit Investor Inspection 57

HomeLight

SEPTEMBER 15, 2022

Experienced investors and developers are often present at these trade-offs, making it easier to deal with problem properties,” he says. Your home will be visible to pre-qualified, serious buyers. The sale is not contingent on an appraisal or inspection. Step 4: Determine the qualification process for bidders.

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Pre-qualification Pre-approval Investor Agents 87

Housing Wire

NOVEMBER 30, 2023

If you’re exploring a real estate career in Akron, Cincinnati, Cleveland, Columbus, Toledo, or any other city in the Buckeye State, then your first step is to choose from the many real estate classes in Ohio to complete the 120 hours of approved pre-licensing education that the state requires.

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HomeLight

JANUARY 29, 2021

Pros: You can sometimes avoid home inspection delays. Inspection issues account for 16% of closing delays , according to the National Association of Realtors. If you sell your home as-is to a cash buyer, they may not require you to complete repairs the home inspection deems necessary. You’ll be designing it yourself.

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Inspection MLS Staging Agents 63

Windemere Buying

MARCH 29, 2023

New construction homes are kick-started from two primary sources: the homeowners themselves and developers. This tailored approach comes at a price; building a custom home generally costs more than purchasing a new build from a developer. Tract homes make up new neighborhoods on land bought by the builder.

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New Construction Construction Pre-approval Land 86

HomeLight

NOVEMBER 10, 2021

After you submit your documentation, you’ll know what kind of budget you have to work with, or your approval “ceiling.”. Local agents also know the housing stock in the area — including which builders built which local developments, the common issues in their homes over time, or the most desirable new areas.

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Inspection Title Agents Pre-approval 88

HomeLight

MARCH 13, 2023

As concrete foundations settle on sandy soil, houses may develop settlement cracks and other foundation issues. More certainty: With a pre-offer walk-through, a cash home buyer can generally provide a firm cash offer that comes with few contingencies, or no contingencies at all. The option period is negotiated between buyer and seller.

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Sales Investor Due diligence Renovation 81

Redfin

JULY 10, 2023

Freedom to design space Owning a home also offers the freedom to personalize and modify the property to suit individual preferences without seeking permission from a landlord. Cash offers and pre-approved financing: Buyers who can make cash offers or have pre-approved financing may have an advantage over others.

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Pre-approval Finance Equity As-is 42

HomeLight

FEBRUARY 28, 2021

According to the Vision Next: 25 by 2025 , El Paso is on a mission to develop a vibrant regional economy and safe, beautiful neighborhoods with exceptional recreation, while promoting cultural and educational opportunities. These numbers will help immensely as you start the process of getting pre-approved for a mortgage.

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Inspection Pre-approval As-is Agents 75

HomeLight

AUGUST 31, 2021

We talked to agents, builders, and other top industry experts to develop this guide that’ll help you make the most out of working with an agent on your new-home purchase and to find out what they can do for you. This design choice is an expensive upgrade, but doesn’t cost much for builders to install. Crown molding. Shop for your loan.

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Agents New Construction Purchase and sale agreement Construction 127

HomeLight

FEBRUARY 23, 2021

Our comprehensive guide will help you choose a neighborhood, understand local inventory, and learn why it’s critical to get a home inspection when you buy a house in Boca Raton. Mizner Industries, a local developer in the late 1800s through early 1900s, created this architectural trend. Source: (Tessa Wilson / Unsplash).

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Inspection Pre-approval Agents As-is 60

HomeLight

AUGUST 31, 2021

The Section 203(k) program, by contrast, is specifically designed to provide funds to both buy and renovate, upgrade, and repair a home. Only lenders that have been approved by the FHA can offer 203(k) loans. All repairs must be planned, specified, and approved in advance. What’s a 203(k) loan?

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Loans FHA loan Pre-approval Finance 83

HomeLight

MAY 28, 2021

Increasing your down payment , upping the earnest money , and obtaining pre-approval from a local lender can also improve your offer. Myrtle Beach is also a FEMA-designated flood hazard area. Homes here tend to be mid- to high-rise condominium developments and single-family homes. Embracing outdoor living.

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Inspection Seller concession Pre-approval Agents 64

The Close

DECEMBER 29, 2022

A contingency might be the buyer selling their current house, requiring certain repairs to be made, or obtaining a clean termite inspection. Don’t you love it when the co-borrower is the client’s dad who comes along on the inspection and is suddenly an expert on chimney engineering? Home inspection. Sure, deals can fall apart.

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Purchase and sale agreement Title Proof of funds Pre-approval 97

Dwell Real Estate

JULY 1, 2020

Kapow Well designed room flow, with incredible storage space lots of windows bathing the interior with natural light. the bathrooms have also been updated --beautiful vessel sinks with waterfall faucets, granite tops , frameless shower doors and designer bathroom mirrors. A full appls package is included. Super pet friendly community.

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Construction Renovation New Construction As-is 98

Dwell Real Estate

JUNE 7, 2021

This maintenance-free villa is tastefully appointed, light and bright with designer finishes throughout. All inspections completed and move in ready! The grand kitchen boasts a 10ft island, shaker cabinets, granite countertops, stainless appliances, a wine refrigerator in the island, walk in pantry, and designer backsplash.

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Design Branding As-is Closing 40

Marco Santarelli

AUGUST 2, 2020

Let us continue to explore the housing market trends — from pre-COVID-19 days until July. About 1 percent of Redfin customers waived either a financing or inspection contingency last month. Under potential listings, there are about 12 Foreclosed and 2816 Pre-Foreclosure homes. Additionally, there are 673 homes for rent.

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Marketing Sales Pre-approval Investor 142

Toronto Realty Blog

FEBRUARY 14, 2022

I understand that if a developer owns a block of sixteen houses in an area zoned “Neighbourhood” and wants to re-zone as “Apartment” to build an 80-storey tower, that there are processes in place. I also wonder about the amount of red-tape that will come with applications, approvals, inspections, et al.

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Land Residential Construction Commercial 77