Housing Wire

NOVEMBER 28, 2023

Residential zoning laws are designed to promote orderly development, control traffic flow, and ensure that noise and activity levels are appropriate to each specific neighborhood. Decades ago, zoning laws were used to legally segregate local communities based on race. Older homeowners may not need as large a home as they once did.

Law 468

Law Government Legal Construction 468

The Robert Weiler Company

JANUARY 2, 2021

In real estate, buyers and sellers must be knowledgeable to make informed decisions. Learn how you, the real estate investor, can avoid the bank and make an agreement directly with the seller. A land contract, also known as a land installment contract, is an executory financing agreement between a seller and a buyer.

Contracts 143

Contracts Tenants Legal Sellers 143

Raleigh Realty

AUGUST 17, 2021

It's important to note that real estate contracts and laws change depending on what state you are in. Introduced in 2011, due diligence money is a fee that is paid directly to the seller in a real estate transaction and is due immediately though sometimes it is paid a few hours after the execution of the contract.

Real Estate 148

Real Estate Real Estate Agent Contracts Inspection 148

Simonson Real Estate

JULY 22, 2021

Whether you’re the purchaser looking for financing, the seller hoping to attain maximum profit, the appraisal review department at a bank, or an attorney –the value is what provides you with the confidence to make the right decision for your situation.

Valuation 78

Valuation Retail Real Estate Construction 78

Lamacchia Realty

NOVEMBER 2, 2021

With its strength and heat resistance, asbestos is used in a variety of building construction materials (prior to 1980), meaning there isn’t one area of the home that it is typically in. If the asbestos in your home is damaged, deteriorated, or crumbling, the law requires it to be removed by a licensed contractor. Seller Resources.

Inspection 66

Inspection Buyers Law Sellers 66

Assurance Financial

APRIL 18, 2022

Maybe your in-laws are moving in, and you want to create a separate suite for them. When you close on the renovation mortgage, the lender will pay the seller the home’s sale price. Construction Loan. Although the application process is similar, a construction loan is slightly different from a mortgage.

Renovations 74

Renovations Construction Home Improvement Mortgage 74

The Robert Weiler Company

SEPTEMBER 9, 2022

With a land contract, the seller provides the land buyer with the loan, instead of an institution. The loan is structured for the buyer to pay a down payment and repay the seller in installments. This type of financing is more flexible than a traditional loan as the seller is typically more relaxed with the terms of the agreement.

Real Estate 78

Real Estate Buyers Contracts Development 78

Appraisal Today

APRIL 5, 2024

They alleged that the appraiser had taken into account their race in his valuation of their home in violation of the federal Fair Housing Act and other laws prohibiting discrimination. Regional Variability: The disparities in home sales and construction activity across different regions underscore the importance of localized market knowledge.

Appraisal 77

Appraisal Contracts Business Construction 77

Housing Wire

DECEMBER 29, 2022

Part of the issue is that mortgage rates moved up so fast that many sellers quit this year as well. Key thing to remember: A traditional seller is also usually a buyer. When mortgage rates spiked up as much as they did this year, it wasn’t financially appealing to some sellers to purchase their homes at rates of 6.25%-7.37%.

Housing Market 546

Housing Market Marketing Inventory Sellers 546

Zillow

SEPTEMBER 24, 2016

But every so often, the seller paints the house in hopes of covering something up. In most parts of the country, sellers (and agents) are required to document any known defects - whether current or past - to potential buyers. But some sellers don’t play by the rules and will try to get one past a buyer.

Real Estate 36

Real Estate Inspection Sellers Buyers 36

Genworth MI Blog

JUNE 27, 2019

Will I be seen as overstepping the law? Because of this reality, many laws and regulations have been enacted over the past 10 years to discourage improper communication with the appraiser. Similar rules, laws, and regulations have been issued by state legislatures, secondary market entities, and banking regulators.

Appraisal Tips 78

Appraisal Tips Appraisal Law Market Value 78

Genworth MI Blog

JUNE 27, 2019

Will I be seen as overstepping the law? Because of this reality, many laws and regulations have been enacted over the past 10 years to discourage improper communication with the appraiser. Similar rules, laws, and regulations have been issued by state legislatures, secondary market entities, and banking regulators.

Appraisal Tips 78

Appraisal Tips Appraisal Law Market Value 78

Housing Wire

JULY 27, 2023

million units last month , supply is mostly coming from multifamily rental construction. With affordability challenges to persist, demand for new housing construction will follow. Powell also said more supply was coming. Though housing starts boomed in May and fell slightly to a seasonally adjusted 1.43

Construction 370

Construction Tenants Mortgage Finance 370

Housing Wire

JANUARY 12, 2023

Investors offloading negative cash-flowing properties to avoid margin calls and unhappy investors. Increased inventory from robust construction of new, single-family homes with “motivated” sellers. Increased inventory from short-term-rental gone wrong , aka the Airbnb bust. And finally, decreased demand due to aging demographics.

Inventory 541

Inventory Investors Construction Housing Market 541

DataMaster

JUNE 16, 2021

The number of constructed homes dropped below the million mark in 2008 for the first time since 1992. Clearly, construction is not keeping up. the rate of construction has decreased over the last couple of decades! million construction workers (tradesmen, electricians, carpenters, etc.) Manufactured Homes.

Construction 174

Construction Law Landlords Development 174

Will Springer Realtor

MARCH 7, 2023

Residential property is assessed each year at its full market value, which is defined as the amount a buyer, willing but not obligated to buy, would pay to a seller willing but not obligated to sell. A large part of each property tax dollar goes to pay off construction bonds for school buildings and other public projects.

Property Taxes 36

Property Taxes Market Value Real Estate Government 36

Housing Wire

JUNE 21, 2023

Currently there are 695,000 single-family units under construction, which is actually 136,000 units below the peak in May 2022. And there are currently 994,000 multifamily units under construction, the highest level since 1973. Single-family construction deliveries, meanwhile, will likely be more muted. And in California, Gov.

Business 370

Business Construction Law Inventory 370

Birmingham Appraisal

SEPTEMBER 15, 2022

Other nontraditional uses for an appraisal include valuation for insurance companies, helping sellers arrive at a market value to list their home, estate planning, and tax appeals. Other users might be sellers, mortgage underwriting, banks, and contractors. Home inspections are normally regulated by the state.

Appraisal 92

Appraisal Inspection Appraisal Process Real Estate Agent 92

The Robert Weiler Company

OCTOBER 21, 2022

Market value is the most likely selling price a knowledgeable buyer would pay to a knowledgeable seller. Cost approach : Essentially, this technique equates the property value to the cost of constructing a replica. You may need a commercial valuation for many reasons. Obviously, this appraisal method comes with its share of debate.

Real Estate 60

Real Estate Appraisal Property Appraisal Valuation 60

Housing Wire

NOVEMBER 30, 2023

Post-license CE $209 20-Hour Post-Licensing Course: Covers Current Laws, Steps to Business Success & Fiduciary Duties. Real Estate Law Online: All features of in-person class, offered online using an online course delivery & management system. Athens Campus location. Meeting times will be arranged by the instructor.

Real Estate 417

Real Estate Real Estate Agent Law Inspection 417

DataMaster

JUNE 16, 2021

The number of constructed homes dropped below the million mark in 2008 for the first time since 1992. Clearly, construction is not keeping up. the rate of construction has decreased over the last couple of decades! million construction workers (tradesmen, electricians, carpenters, etc.) either quit or lost their jobs.

Construction 78

Construction Law Landlords Development 78

DataMaster

JUNE 16, 2021

The number of constructed homes dropped below the million mark in 2008 for the first time since 1992. Clearly, construction is not keeping up. the rate of construction has decreased over the last couple of decades! million construction workers (tradesmen, electricians, carpenters, etc.) Manufactured Homes.

Construction 78

Construction Law Landlords Development 78

Housing Wire

MARCH 28, 2022

With different laws across regions, various types of properties (i.e. Having everything in-house enables iBuyers to lower closing costs for buyers and sellers, offer real-time, 24/7 customer support and provide unique financing solutions for buyers. A “fully-digital transaction flow” means that the title, payments, escrow, etc.

Real Estate 383

Real Estate Marketing Insurance Buyers 383

Raleigh Realty

AUGUST 3, 2021

And if you are buying with cash, you'll want proof of income to show the seller's agent. Some things that are most important to consider in evaluating your land in the beginning stages include: Local zoning laws: these can affect the size and height of the buildings you are allowed to build or even if you're allowed to build at all.

Real Estate Agent 148

Real Estate Agent Development Construction Real Estate 148

Appraisal Buzz

AUGUST 29, 2022

This supply and demand issue made property prices skyrocket, with few able to afford what sellers were asking. A significant indirect influence comes with the infrastructure bill signed into law in November 2021. Construction has failed to keep up with the demand of households, especially with the increase during the COVID-19 pandemic.

Transportation 370

Transportation Law Investing Investors 370

GoForrmz

DECEMBER 5, 2022

The Electronic Signatures in Global and National Commerce Act, (E-Sign Act), was signed into law on June 30, 2000 , but it took until 2007 for the Federal Reserve Board to finalize and adopt the detailed rules and standards of legally binding, electronic signatures. Why Haven’t E-Sign Laws Been Updated? What Is The E-SIGN Act?

Business 78

Business Legal Law Contracts 78

Assurance Financial

NOVEMBER 9, 2021

The key to getting the best possible value for your money is understanding what’s happening in your local real estate market — whether you’re a buyer or a seller. What’s the Difference Between a Buyer’s and Seller’s Market? Buyer’s vs. seller’s markets are a matter of supply and demand.

Marketing 36

Marketing Sellers Buyers Real Estate 36

Appraisal Today

APRIL 14, 2023

The degree and cost to cure becomes an issue to buyers and sellers, and a challenge for appraisers. These types of clauses are now incredibly common amongst the construction trades, real estate professionals, wedding services, financial services, and more.

Appraisal 52

Appraisal Bracketing Valuation Contracts 52

Raleigh Realty

FEBRUARY 19, 2022

The skills required to help home buyers and sellers successfully buy and sell real estate have nothing to do with networking all day. Don’t be those agents Use the law of averages to your benefit and understand that if you generate enough leads, the income will follow. I knew if I was that way, other people were as well.

Real Estate 158

Real Estate Realtors Real Estate Agent Agents 158

The Robert Weiler Company

MAY 14, 2021

The appraiser will have professional-grade access to historical market statistics, construction data, the cost to build, and comparable sales records. The probate process includes multiple parties and the court of law. The will may not hold in court if the laws of the new state substantially differ from the former.

Real Estate 133

Real Estate Appraisal Legal Valuation 133

Realvals

JUNE 18, 2023

Estate Taxes In some cases, local laws may require appraisals for estate tax purposes. As an executor of an estate, your responsibility is to manage and distribute assets according to the deceased’s will or state law. Additionally, having an appraisal helps ensure compliance with tax laws.

Appraisal 145

Appraisal Property Taxes Real Estate Market Value 145

Appraisal Today

FEBRUARY 9, 2024

An Inside Look at E&O By Peter Christensen Excerpts: There is no law requiring that real estate appraisers must have professional liability insurance – or E&O insurance as it is often called – except in one state. His law practice is dedicated to valuation issues. I gave up visiting him in the winter. Nationwide, 31.8%

Appraisal 80

Appraisal Contracts Insurance Construction 80

Appraisal Today

SEPTEMBER 15, 2023

At the same time, concrete finishes merge various construction techniques and artisan approaches that give the feeling of carved stones, whose volumes and shapes vary, but always integrated harmoniously in these habitable sculptures. My comment: Another way to increase affordable homes and allow easier new ADU construction.

Appraisal 82

Appraisal Real Estate Agent Contracts Real Estate 82

Will Springer Realtor

DECEMBER 19, 2023

Buyers and sellers tiptoed through caution. Prospective buyers and sellers watched this one out from the sidelines, leading to King County sales activity hitting lows not seen since 2010 at the heart of the housing crises. “Pent-up sellers cannot wait any longer. Um, bye-bye! worth of activity from an estimated $10.4B

Real Estate 68

Real Estate Buyers Sellers Inventory 68

Will Springer Realtor

APRIL 10, 2024

Recent news that the National Association of Realtors® (NAR) wishes to settle a series of lawsuits from home sellers has sent ripples through the real estate industry. Allegations of collusion to inflate compensation paid to both buyer and seller agents in transactions prompted this landmark settlement, estimated at a staggering $418M.

Real Estate 36

Real Estate Buyers Sellers Insurance 36

Will Springer Realtor

JULY 13, 2023

Our urban area accounts for about half of the city’s economic activity, and the Seattle Chamber noted that rising office vacancies coupled with less construction could lead to $2B in decreased revenue. We certainly see that in all forms of residential real estate – from new construction to finding items for the home.

Construction 36

Construction Supply Chain Real Estate Development 36

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.” Invitation Homes (IH) spent about $25,000 on renovations per home for its California SFR portfolio, pleadings in the lawsuit state.

Renovations 381

Renovations Investing Real Estate Marketing 381