Remove Commercial Remove Inspection Remove New Construction
article thumbnail

The current REO market requires an expansion of services for business growth

Housing Wire

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. HW: What are the risk management challenges for REO assets?

article thumbnail

Should I Waive a Home Inspection? Why Buyers Are Willing To Right Now

Realtor.com

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?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Things Builders Should Know About Spec Home Loans

Realty Biz

Development financing for larger new construction projects and alternative financing approaches should also be considered. They possess in-depth knowledge of the lending industry, understand market trends, and can connect spec house builders with lenders who specialize in commercial loans.

Loans 108
article thumbnail

Setting Up A Real Estate Business In New York

Realty Biz

Are you looking to launch a New York real estate business? Whether you’re looking to become a broker or agent for commercial and residential real estate, there are important steps to consider. A career in New York real estate can be satisfying, lucrative and exciting. Occupancy Permits. Negotiations are variable and fluid.

article thumbnail

Homebuilders are at max capacity. And the housing shortage keeps widening

Housing Wire

Aerial drone inspection of Lennar’s Westview housing development Miami, Florida. Everywhere you look there seems to be bad news for the existing-home market — interest rates remain north of 7% and the median home price nears record levels at more than $410,000 as of June. Taken by Felix Mizioznikov.

Land 370
article thumbnail

What is a Certificate of Occupancy in Real Estate and When Do You Need One?

HomeLight

To provide you with the most complete information, we talked to the experts: Eugene Lackey , Supervisor of Building Construction Inspections for the City of Cincinnati. Sandro Perez , Building Inspection Superintendent in Pleasant Prairie, Wisconsin. Commercial and residential properties require different certificates.

article thumbnail

The 35 Steps to Building a House: Your Start-to-Finish Guide

HomeLight

Commercial: Areas designated for businesses like restaurants, retail shops, and so on. If you’re on a budget, you could get the permits yourself, but then you’ll be considered the contractor , and you would be liable if there’s a problem during construction or inspections. Step 11: Have an inspection done on the foundation.