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Could renovated foreclosure resales help solve the nation’s increasingly complex affordable housing puzzle?

Housing Wire

In 2021, McCormick resold two renovated properties that she originally purchased at foreclosure sale on Auction.com in her hometown of Dayton, Ohio. Both properties sold to owner-occupant buyers for under $150,000 apiece. “I Local Community Developers. Affordably Priced Homes.

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What It Takes to Be An Expert Appraisal Witness in An Eminent Domain Case

Cleveland Appraisal Blog

But once these qualities are developed, many appraisers find eminent domain work to be interesting, challenging but worthwhile, and financially rewarding. Becoming an expert appraisal witness in an eminent domain case starts with developing a comprehensive understanding of how value is determined in this special proceeding.

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Affordable housing inventory is limited due to foreclosure prevention efforts

Housing Wire

That key source of affordable housing inventory: distressed properties sold to third-party buyers or repossessed by lenders at foreclosure auction. Once the transfer of ownership occurs at foreclosure auction, a distressed property can be renovated and returned to the retail market as affordable housing for homeowners or renters. “[I

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Should You Get a Real Estate License to Flip Homes in Texas?

Listing Spark

Without the right knowledge and expertise, you might find yourself with a property that has extensive foundation problems or a post-renovation value that doesn’t reach your break-even point. in 2017, it plummeted to an average of 26.9% Instead, house purchases are conducted on the standard contract forms developed by TREC.

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Houston Lofts For Sale

Houston Properties

Energized and bustling, Downtown Houston has a diverse mix of business, residential development, and entertainment complexes. The heart of Houston has it all From a new baseball stadium to renovated theaters. They brought a lot of buyers through, and we were fortunate enough to have multiple offers to choose from.

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Royden Oaks Houston Neighborhood Maps

Houston Properties

Similar to Houston’s most affluent neighborhoods, developers renovated many of Royden Oaks homes and replaced them with newer and larger properties. On the buyer side, she will absolutely tell you what’s wrong with a property and give you all of the reasons not to buy it. – 2017: Texas’ Most Influential Realtors.

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River Oaks Houston Homebuyers Guide

Houston Properties

One of Houston’s older neighborhoods, River Oaks was developed by brothers Mike and Will Hogg, along with their business partner Hugh Potter. Like most Houston neighborhoods, new development is reshaping River Oaks. Older properties have been renovated and updated. – 2017: #1 Individual Agent, Keller Williams, Texas.