Housing Wire

FEBRUARY 22, 2024

Balancing supply and demand is a delicate dance between new construction and existing properties. Notably, property risk calls for thorough inspection, preservation, and maintenance to limit liability. Demand for existing homes — including REO assets — outpaces the available supply. territories.

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Housing Wire

JUNE 21, 2022

Selling a home typically involves nearly 10% in transaction fees between real estate agents , title companies, inspections, and other expenses. Selling a home typically involves nearly 10% in transaction fees between real estate agents , title companies, inspections, and other expenses. To be precise, the average U.S.

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McKissock

JANUARY 11, 2022

While most appraisals only require a single field visit—and in some cases none—when it comes to appraising new construction, you may need to visit the property several times. You will also need to conduct a final inspection. Inspection during construction. Related Reading: 6 Tips for Appraising New Construction Homes.

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Housing Wire

MAY 3, 2024

We have so much new construction happening. We’ve been a sellers’ market here for at least the past eight years, but probably closer to 10 or 11.“ Statewide as of April 26, the 90-day average number of single-family active listings was 19,399, according to data from Altos Research.

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Housing Wire

OCTOBER 10, 2023

These days, buyers want move-in ready homes – they don’t want to face huge construction projects before they can get settled. The good news is that if a roof is newer or has been well-maintained, then a few repairs can ensure no red flags are brought up during the buyer’s inspection.

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Housing Wire

JUNE 21, 2021

“I don’t like it when people waive an appraisal just to get into a home, but what I like to do to win for my buyers is to agree to the home inspection, but we’ll just make it pass or fail,” Poveda said. “It’s a daily hustle for me,” he said. It’s like a horse race. Presented by: Radian.

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Realtor.com

SEPTEMBER 18, 2020

When we finally did go under contract on this third home, we learned of another issue: Home inspectors in the area were booked for two weeks and up, but our contract stated that we had only seven days to get an inspection done. We got lucky, but it left me wondering: Is it ever OK to waive a home inspection?

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Housing Wire

AUGUST 3, 2023

Aerial drone inspection of Lennar’s Westview housing development Miami, Florida. This has driven meaningful share gains for new construction,” she added, “with the percentage of new-home listings more than doubling from long-term norms to over 30% of the market.” Taken by Felix Mizioznikov. And as a country, it’s 2.6

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HomeLight

JULY 22, 2024

When you’re buying an existing house, there’s hardly any question that you’d want a home inspection. However, that decision might not seem as obvious when you’re buying a brand new house : should you get a new construction home inspection?

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HomeLight

MARCH 22, 2024

However, dealing with a well inspection and what it might reveal can raise questions about sustainability and potential health risks. In this post, we’ll walk you through the well inspection process, including what’s tested, when inspections are needed, and how much they might cost.

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McKissock

JULY 20, 2021

Appraisers often balk at assignments that require a more detailed inspection of the subject property (e.g., ” Do you believe you are acting as a home inspector when you complete a property inspection as part of an FHA assignment? Appraisers perform similar inspections, to one degree or another, in most appraisal assignments.

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HomeLight

JUNE 21, 2021

Buying a house is always an emotional cocktail of excitement and stress, but doubly so when it’s a new-construction home. Download Your New Home Inspection Checklist! Get your checklist outlining the primary steps in the most critical new construction inspections. Home inspections vs. walkthroughs. Untitled *.

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Housing Wire

JUNE 26, 2024

That’s one reason newer construction performs better against hurricane winds, a critical feature in a state that saw extensive damage from category 5 storms like Hurricane Ian in 2022 and Hurricane Irma in 2017. If a homeowner had FEMA coverage [after Ian], they would get about $9,000 to $10,000 for repairs.

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Realty Biz

JANUARY 7, 2021

The fact is that another round of negotiations is frequently needed after the house is professionally inspected. Nor should the inspector be involved in a second round of negotiations after the inspection. Nor should the inspector be involved in a second round of negotiations after the inspection.

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Housing Wire

AUGUST 14, 2023

All of the homes that we have sold recently have sold in the first weekend with multiple offers at $50,000 to $100,000 over list price with no home inspection,” Casey Samson, the leader of The Casey Samson Team, said. Local housing markets is a HousingWire magazine feature spotlighting housing trends and data across the country.

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HomeLight

AUGUST 16, 2021

You’ll see the term as-is when shopping for a house, but what exactly does as-is mean? Does it mean you’re about to walk into a home where the roof is falling in, or one that is occupied by a rogue family of raccoons? It can — but as-is doesn’t necessarily mean a home is unlivable or unsafe. Source: (Robin Jonathan Deutsch / Unsplash).

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The Residential Specialist

FEBRUARY 27, 2024

New home construction can be a profitable niche for real estate professionals who are willing to dedicate the time and effort By Myrna Traylor Most residential real estate professionals enter the real estate field with an eye on the largest market—resales of existing homes. New construction is always seen as much more expensive.

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HomeLight

FEBRUARY 2, 2022

Though the risk of finding structural problems increases in aging homes, in new and old homes alike sloppy construction can be another culprit. If this is your first go-around with a structural home inspection, you probably have some questions, like, how much do they cost? A home inspection. A structural inspection. “A

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HomeLight

AUGUST 17, 2022

Buying a new construction home can be intimidating. If decisions aren’t your thing, you might be able to buy a new construction home that is already built and ready for you to move in. Find a buyer’s agent who works with new construction. They can help you manage the timeline, choosing upgrades, inspections, and closing.

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HomeLight

DECEMBER 29, 2023

Looking to sell a house “as is” in New Jersey? Whether you’ve got a fixer-upper or recently inherited a relative’s home, sometimes the goal is to skip repairs, get a fair offer, and move on. However, selling a house “as is” usually means accepting a lower offer, and it doesn’t always prevent buyers from trying to negotiate savings.

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Realtor.com

OCTOBER 15, 2020

fstop123/Getty Images Few things are as exciting as purchasing a newly constructed home. So, before closing on a new-construction home, here are some things you need to consider. They don’t make ’em like they used to” is a common phrase that refers to the solid construction of many older homes. The builder’s reputation.

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Housing Wire

MARCH 2, 2022

Without effective and properly enforced regulations — including peer-reviewed engineering and licensed inspections — we risk catastrophes like the Champlain Towers collapse. Unsurprisingly, many low-income residents are now relocating to more affordable, lower-regulation states such as Texas, Arizona, and Nevada. A question of survival.

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Housing Wire

DECEMBER 6, 2024

Its up to us as agents to stay engaged and stay in contact with our clients. Building on existing relationships is the quickest and easiest way to keep your pipeline filled with active buyers and sellers, so you dont have to worry about dry spells. Lets dive in! Summary What is a real estate newsletter? Why send a regular real estate newsletter?

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HomeLight

NOVEMBER 16, 2021

If you are about to get a home inspection, you’re on the home stretch of buying your new home. When it comes to your home inspection, you probably have a lot of questions. After consulting with experts, we compiled a list of things to expect from your inspection, including what home inspectors are and aren’t allowed to do.

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Housing Wire

OCTOBER 10, 2023

A Comparative Market Analysis (CMA) is a detailed report that helps real estate agents evaluate and determine the market value of a property. It is an essential tool that allows agents to clearly communicate a pricing benchmark for a property. This may affect their life savings since buying a home is one of the largest purchases one can make! —

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HomeLight

MAY 23, 2022

A lot of times, sellers are trying to remove some future liability by listing their house ‘as is,’ but buyers do, of course, still have the opportunity to inspect it and ask for any repairs or a price reduction,” Rynders says. “So Looking to sell a house “as is” in Wisconsin? Sell 'As Is' With a Cash Offer. Request Cash Offer.

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Toronto Realty Blog

MARCH 28, 2022

I did a full home inspection on this house when I bought it. Why didn’t the home inspection catch this? Umm, well, because a home inspection isn’t really meant to predict the future. At that time, we had been in our house for exactly 18 months. Our new house. “Our basement is flooded,” she said.

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Realtor.com

NOVEMBER 9, 2022

Getty Images While buying a newly built home may not be the first thought to come to mind for homebuyers, purchasing new construction is a common option that comes with distinct benefits in today’s market. New construction can refer to single-family homes, condos , or apartments, and are available across the U.S.

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Realtor.com

JANUARY 2, 2023

While purchasing new construction is indeed different from purchasing previously owned property, many misconceptions abound about new builds. With that in mind, we’re here to set the record straight on some easily busted new-construction myths that just won’t quit. New construction homes are more expensive.

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HomeLight

DECEMBER 13, 2021

Should you get an asbestos home inspection to find out more? There have also been standards established for inspecting and removing asbestos in schools. You’re worried about you and your family getting sick from potential exposure. Whether to test for asbestos is a thorny issue. Source: (KomootP / Shutterstock). Get Estimate.

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Louisville Homes

DECEMBER 21, 2021

On a regular basis, acquiring good quality construction materials, visiting the construction site, and negotiating with the labor force, laborers, and painters is a physically challenging activity. In this piece, we’ll look at new construction pros and cons. For a variety of reasons, newly built homes are in high demand.

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HomeLight

OCTOBER 25, 2021

Getting your septic system inspected may feel a little like going to the doctor: it’s necessary for the system’s health, but you dread what the report might reveal. And if you can’t even remember the last time your septic system was inspected, the time to schedule one is now — particularly if you plan to list your home for sale.

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HomeLight

SEPTEMBER 30, 2022

A new construction home — yours from the ground up, with no prior owners — sparkles with possibility. Here, we’ve enlisted the expert advice of top agents, industry insiders, and recent homebuyers to address key questions to ask when buying a new construction home. Should I hire an agent for new construction? Michele Friedler.

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HomeLight

MAY 27, 2021

And while you understand that a home inspection and appraisal are integral to selling your house, it’s easy to forget how these processes work. Costa is also the author of “ What Every Realtor Should Know About Home Inspections: A Guide to Avoiding Traps and Common Mistakes ”. What is a home inspection?

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Housing Wire

APRIL 27, 2023

The largest institutional single-family rental (SFR) operator in the country, Invitation Homes , is in the hot seat over its alleged failure to comply with building-permit requirements for rental properties it owns in California. And yet another big force in the market, FirstKey Homes , is pulling collateral out of a 2021 securitization deal.

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Windemere Buying

MARCH 29, 2023

A new construction home, however, has no previous owner; it comes brand new. Learning about the new construction buying process will help you understand how it differs from other types of housing, such as existing single-family homes, townhouses, condominiums , etc. What is a new construction home?

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HomeLight

AUGUST 30, 2021

By letting buyers know you have aluminum wiring, you give them the opportunity to order a professional electrical inspection to evaluate the condition of the wiring if they so choose. Wires carry electricity throughout our homes to power laptops, televisions, and stoves, while allowing us to illuminate rooms with the flip of a switch.

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