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What Is a HUD Home? Are the Savings Worth the Risks?

HomeLight

Department of Housing and Urban Development , a government agency first created by President Lyndon B. Here, you’ll find a complete listing of HUD homes nationwide, along with photos, asking prices, appraisals, basic inspection results, bidding deadlines, and more. The inspection process. Source: (Jeremy Yap / Unsplash).

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Flipping Houses in New York: 5 Cities to Consider

HomeLight

“The investors I work with are mostly experienced and have their own crews,” Procopio says. “If The successful flippers are the ones who have developed good relationships with contractors to keep them honest.” Since flippers don’t have a crystal ball to see the future, the industry has developed the 70% rule. Wise agrees.

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

The Close

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? Due diligence period. Home inspection.