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The share of owner-occupants buying foreclosures has doubled — here’s why

Housing Wire

The increasing share of owner-occupant buyers is also evidence that extremely tight housing inventory is prompting more retail buyers to take on the additional challenges that come with buying a distressed property at auction. Department of Housing and Urban Development (HUD) in August 2022.

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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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Why Buy Land for Sale in Ohio in 2022? (7 Reasons)

The Robert Weiler Company

Dubbed as “the Silicon Valley of The Midwest,” startups are flocking to Columbus to develop their businesses. The most notable startup companies that raised funds to develop their burgeoning businesses in Columbus are: Olive, Path Robotics, CoverMyMeds, Root Insurance, and Forge Biologics. My Ohio Home (OhioHome.org).

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Appraiser Professional Goals

Appraisal Today

He bought the plane for $100,000 in 1999 and spends $370/month on property taxes and electricity. The BPS places new homes built in one of four development categories. In addition to “teardown” and “infill,” the categories include “new residential development” and ”not in a residential development.” Another 18.5

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Anatomy of a Commercial Real Estate Appraisal: A Top 17 Q&A Guide

The Robert Weiler Company

Properties may include apartment buildings and condominiums, office buildings, shopping centers, industrial sites, and land for sale. If you’re reading this article, you will likely need a commercial real estate appraisal for property being sold, mortgaged, taxed, insured, or developed.

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Will Springer Realtor - Untitled Article

Will Springer Realtor

Census data suggest that more than 2M additional homes will reach their “prime remodel” years through 2027 – a time when homes tend to undergo their first major kitchen and bath renovations. such renovations to these homes (between 20 and 39 years old), with about 200,000 of those projects running north of $25K each. of shoreline.

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WILL WAR IN UKRAINE IMPACT OUR HOUSING MARKET?

Will Springer Realtor

Most owners will contract work out for major renovation projects while doing DIY work on replacing flooring, painting or improving outdoor space, the survey from LendingHome showed. Developers can build only so many new homes at a time! Most notable, Senate Bill 5713 would provide a property tax exemption until Jan.