Realtor.com

JANUARY 2, 2023

“It’s true, on the average, that new homes of similar sizes historically outprice pre-owned by about 16%,” says Stephen Haines , president of Artisan Built Communities. “Depending on the age of the pre-owned homes, one should understand the remaining life expectancy of these components,” says Haines.

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Toronto Realty Blog

SEPTEMBER 19, 2022

I have been perhaps the harshest critic of the pre-construction condominium industry in Ontario over the past two decades. Some of you, reading this, have made money in pre-construction. I think I grew so disenfranchised with writing about the perils of pre-con that I finally stopped. I have no doubt about that.

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Kyle Handy

MARCH 15, 2023

The courses include pre-licensing, post-licensing, continuing education, and exam prep courses. Additionally, the school partners with McKissock Learning, which offers more than 100 hours of professional development courses for real estate agents. The CE Shop Coming in third on my list is The CE Shop. Guam, and Puerto Rico.

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Lab Coat Agents

FEBRUARY 7, 2023

Other programs include the Veterans Affairs (VA) loan program, the United States Department of Agriculture (USDA) Rural Development program, and the Good Neighbor Next Door (GNND) program. Skipping the Home Inspection – A professional home inspection can reveal potential problems with a home that you may not be able to see yourself.

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Realty Biz

AUGUST 29, 2023

Expect the builder to require you to be pre-approved for a mortgage before signing the contract. Delays can occur if decision-making processes are prolonged, so stay engaged and provide timely approvals when needed. Regular site inspections: Arrange regular examinations to monitor the construction progress.

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HomeLight

JUNE 28, 2021

Department of Housing and Urban Development , a government agency first created by President Lyndon B. HUD’s Office of Housing also includes the Federal Housing Administration (FHA), an agency that insures mortgage loans issued by FHA-approved lenders to protect against losses if a borrower defaults on a loan. Johnson in 1965.

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Redfin

AUGUST 21, 2020

First, you’ll need a lender’s pre-approval for a mortgage to know the price range you can afford on a house. A real estate agent has developed good strategies to learn more about what might be going on with a seller, so try and find out why they are selling and how quickly they’re looking to move.

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Real Trends

DECEMBER 27, 2022

Inspection issues. An inspection can often reveal major issues that either side would not have been aware of. Whatever side you are on, being aware of inspection issues and how to work with them will be paramount in increasing your close rate. Before a mortgage is approved, lenders will have a property appraisal.

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The Close

SEPTEMBER 10, 2020

The motivation of this first strategy is to gain clarity on the seller’s wants and needs, and also to develop rapport with the listing agent. Make Sure You Have a Proper Approval Letter From a Reputable Lender. Include an As-is Home Inspection Contingency. You guessed it: the home inspection. CALL the Listing Agent.

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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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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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Real Trends

JULY 14, 2022

million , more in line with the pre-pandemic numbers of 2018 and 2019. On the buyer’s side, many markets have slowed enough that they don’t need to waive home inspections or other contingencies any longer. Brokerage communication. This is a winning tactic for everyone involved.

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Windemere Selling

SEPTEMBER 18, 2019

#2 Get pre-approved Before getting serious about your hunt for a new house, you’ll want to choose a lender and get pre-approved for a mortgage (not just pre-qualified—which is a cursory review of your finances—but pre-approved for a loan of a specific amount).

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HomeLight

AUGUST 31, 2021

The exact steps vary from state to state, but let’s take a general look : Pre-foreclosure: As the name implies, a pre-foreclosure isn’t in foreclosure yet, but it’s on the way there. Usually, a home goes into pre-foreclosure after several consecutive months of missed mortgage payments, and the lender issues a notice of default.

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HomeLight

MARCH 13, 2023

Speed: One of the biggest benefits is a fast sale, as cash buyers are able to close the transaction quickly without the delays often associated with traditional home sales, such as waiting for financing approval or appraisal. Although there are no required disclosures because the property is being sold as-is, there is an inspection period.

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RIS Media

MAY 4, 2022

I made that my focus, and now I lead the development of our brand social campaigns. I then work with our creative team, helping brainstorm and ultimately approve those concepts. BH: Right now, TikTok is the leading platform for trend development and innovation. BH: Pre-planning sessions and calendars are your best friends.

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HomeLight

AUGUST 25, 2020

The overarching question, as you make your way down your pre-sale checklist , is likely something along the lines of: “How long is this going to take?”. Below are just some of the typical pre-listing preparations that Shapiro calls out as essential: Reduce clutter. Get a pre-listing inspection. Get the price right.

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Realty Biz

JANUARY 13, 2024

Are there any upcoming developments or plans affecting the property's value? Include any contingencies or conditions that are important to you, such as inspections, financing, or appraisal contingencies. What are the potential long-term benefits and drawbacks of the properties I'm interested in?

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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. Ensure that all bidders go through the pre-qualification process.

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RIS Media

MARCH 25, 2022

What is clear is that a lack of inventory stemming from stalled new development is setting the industry up for continued disruption. Developers got caught in 2008, so they are not eager to jump back in,” said Gross. “In Offering a home warranty can help encourage buyers to waive their inspection. Get pre-approved.

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Redfin

JUNE 14, 2023

The city’s diverse neighborhoods offer a range of affordable suburbs , from historic districts like Fisher Park to modern developments in the suburbs. Get pre-approved from a lender Getting pre-approved from a lender is equally important with several significant benefits.

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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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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. Ford shares an example: “In California, pre-1978 and pre-1992 housing were of lower quality. Pre-1978 did not require any corner sheer panels.

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The Close

FEBRUARY 20, 2024

This means you’ve got a pre-approval in hand and that you understand the importance of being flexible. There may be disadvantages, like limited inspection objections and cash offer competition. Think: school districts, local amenities, or economic development. That’s one of the pros of being a real estate agent !

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Redfin

NOVEMBER 28, 2023

7 crucial pre-build tips for your Georgia home 1. Post-approval, periodic inspections guarantee alignment with approved plans. Seek out local expertise Georgia is a state with diverse landscapes, from the urban developments of Atlanta to the coastal beauty of Savannah.

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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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Toronto Realty Blog

NOVEMBER 13, 2023

” Peter the Landlord prepares for closing at the end of October, and Bob the Buyer obtains his mortgage approval, provides notice to leave his rental property, begins to purchase furniture for the new condo, books a moving truck, and tackles a half-dozen other tasks that are required in order to close on the purchase, and move into the condo.

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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.

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HomeLight

APRIL 27, 2022

There’s the process of looking for the right home, visiting to inspect it, getting approved for your loan, closing, and signing the endless amount of paperwork. This book walks you through the process in three parts: Part 1: Pre-purchase decisions to consider. Part 2: What you need to do before buying your home.

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RIS Media

OCTOBER 7, 2020

Zillow’s Chief Industry Development Officer, Errol Samuelson, says this renewed intimacy that people have with their homes has led to a lot of realizations by homeowners that their sanctuaries are not as comfortable as they could be. It’s no longer the place where a family simply rests between shifts or after a weekend trip.

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Toronto Realty Blog

AUGUST 29, 2022

From the article: British Columbia has announced a mandatory three-day period to allow homebuyers time to arrange an inspection and take other important steps like securing financing in the province’s high-pressure real estate market. Announces 3-Day Cooling Period For Home Sales To Reduce Risk To Buyers” July 21st, 2022.

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HomeLight

SEPTEMBER 15, 2021

Pre-listing inspection report. Home inspection report. A new contract can be signed without the old contract, and the new buyer will conduct new inspections and obtain a new title insurance policy.”. Give buyers time to conduct a lead inspection. Pre-listing inspection report. Proposed marketing plan.

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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.

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HomeLight

MARCH 17, 2021

And buyers also need to have funds available for earnest money, inspection costs, and other upfront fees. Pre-qualification is just an estimate of what size loan you might qualify for. With a pre-approval, you typically submit your financial paperwork with your initial mortgage application, and the lender will verify the information.

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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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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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HomeLight

MARCH 6, 2023

Closing costs in California average about 1% of the home’s sale price , and there are other pre-paid costs to consider as well. CalHFA works through approved lenders, and buyers apply for the program through their loan officer. During this time, review your credit score and determine if it’s considered excellent, good, fair, or poor.

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