Housing Wire

APRIL 27, 2023

The lawsuit claims further that the company “ignored permitting laws to avoid fees and increased taxes as well as to get renovated homes on the rental market as soon as possible.” If successful in the litigation, Blackbird stands to get a cut of any recoveries for the local governments. “To

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Assurance Financial

SEPTEMBER 28, 2021

Buying new construction is slightly different from buying an existing home in another way. The rules for loans and financing for new home construction aren’t exactly the same as they are for buying homes that already stand. FAQs About Home Construction Loans. Curious about the process of getting a construction loan?

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Realvals

JUNE 18, 2023

It’s not uncommon for property owners, insurance companies, or tax authorities to have contrasting opinions on the value of a property. Renovating a Home If you are planning to renovate your home, getting an appraisal beforehand is a smart move. While not completely necessary, it can help you in a one valuable way.

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Raleigh Realty

APRIL 24, 2022

If you aren’t finding what you need, you may want to consider new construction. There are government-funded housing loans under the Federal Housing Administration that are available to a wider population. However, every large investment, including your new home, should be insured.

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Assurance Financial

APRIL 29, 2021

C to P (Construction to Permanent Loan). If you are building your home, you typically need to first take out a construction loan, not a traditional mortgage, to fund the cost of building the house. A construction loan is typically a short-term loan that only pays for the cost of building a house. DTI (Debt-to-Income).

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Appraisal Today

NOVEMBER 3, 2023

The report said due to this lack of documentation, the FHFA might be unable to detect trends or significant issues concerning mortgage desktop appraisals, and such blind spots could potentially jeopardize the financial safety and stability of the government-sponsored enterprises (GSEs). I think they achieved their goals.

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The Robert Weiler Company

OCTOBER 21, 2022

If you’re reading this article, you will likely need a commercial real estate appraisal for property being sold, mortgaged, taxed, insured, or developed. Cost approach : Essentially, this technique equates the property value to the cost of constructing a replica. Obviously, this appraisal method comes with its share of debate.

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Appraisal Today

FEBRUARY 16, 2024

Preservation restrictions, often governed by the National Register or local historical commissions, can add value by ensuring the property’s integrity. In my city of 78,000 population, there are over 10,000 buildings constructed prior to 1930, including many classic Victorians. Restrictions are from the city, the county, and the state.

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Appraisal Today

JULY 22, 2022

Making admission of fault or liability could also serve to jeopardize your insurance coverage. Throughout the years, we’ve seen more homeowners construct dedicated “intimacy rooms”—like sex rooms or BDSM basements—inside their homes, but this is the first time this trend has been packaged in the form of a renovation reality show.

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Property Metrics

DECEMBER 10, 2021

Construction Exchange : In a Construction Exchange, an investor sells the relinquished property, identifies a replacement property, and places it into the hands of a third-party known as a Qualified Intermediary (QI). While in the QI’s hands, the owner can use the sales proceeds for renovations on the replacement property.

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Houston Properties

JANUARY 13, 2021

COVID-19 and subsequent government actions have dumped gasoline on wealth inequality in ways that we don’t fully understand yet. On the other hand, the four restaurant workers would still need to spend monthly payments for rent, food, transportation, and insurance. This is creating a “tale of two cities” both locally and nationally.

Housing Market 68

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Will Springer Realtor

MAY 12, 2021

Now, home builders would need to construct as many as 1.2 This was the fastest pace for combined single-family and multi-family construction since June 2006. >> NAHB reported an estimated 15% of all new-construction home sales in the U.S. An insurance company offered a good example of just how bad it has gotten.

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