Remove Due diligence Remove Inspection Remove New Construction Remove Residential
article thumbnail

The current REO market requires an expansion of services for business growth

Housing Wire

Tiffany Fletcher: Real Estate Owned (REO), acquired by lenders , banks, or financial institutions typically due to mortgage loan defaults, involves the strategic marketing and sale of existing properties to mitigate losses on outstanding loans. Balancing supply and demand is a delicate dance between new construction and existing properties.

article thumbnail

What Must Be Disclosed When Selling a House in Georgia?

HomeLight

Georgia home sellers are obligated to inform buyers of any known material defects in the home’s condition that would not be found by a buyer upon reasonable inspection. Meaning, buyers are charged with performing due diligence during real estate transactions to ensure they’re buying a product they’re satisfied with.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Essential Real Estate Advice in 6 Steps

Louisville Homes

Even with new construction , it always pays for a buyer to have their own Realtor. Buying a house is a huge investment, so you should never go into it without doing your due diligence. Have the Property Inspected Before You Buy It. Team Up with a Realtor. Research and Analysis.

article thumbnail

Want More Space? A Comprehensive Guide to Room Addition Costs

HomeLight

Janis Company with over 20 years experience building residential additions. Expert advice: A first floor home addition is an ideal spot for a new main suite. You can see that over and over again in new construction neighborhoods. We want to do our due diligence upfront and that’s where we are a design-build firm.