Toronto Realty Blog

MARCH 1, 2023

These are in no particular order, other than what I think of when I really question why a condominium project might be canceled in Toronto… – 1) Zoning and approval. Remember, developers can start pre-sales before they have a final design or approval, and of course, they can always change the design.

Construction 97

Construction Bankruptcy Pre-approval Purchase and sale agreement 97

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?

New Construction 87

New Construction Construction Pre-approval Land 87

Marco Santarelli

MARCH 20, 2025

As per reports, the East Coast markets have not yet recovered to pre-pandemic levels, which keeps the market pace snappy. Limited Space: Coastal cities often have limited space for new construction, leading to a shortage of housing and increased competition. Although the price is relatively high, homes are selling quickly.

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Pre-approval New Construction Marketing Inspection 52

Marco Santarelli

FEBRUARY 28, 2025

I believe, and I have seen, that we need more innovative solutions, such as increasing density in transit-oriented areas and streamlining the permitting process for new construction, to address the affordability crisis effectively. Discover high-quality, ready-to-rent properties designed to deliver consistent returns.

Marketing 92

Marketing Pre-approval Land Staging 92

HomeLight

FEBRUARY 12, 2021

As a seller, you’re usually not taking on additional risk by accepting an offer from a buyer pre-approved for an FHA loan than you would with a buyer pre-approved for a conventional loan. An official FHA loan appraiser must conduct the appraisal, following HUD’s designated guidelines. of all mortgage originations.

FHA loan 111

FHA loan Loans Pre-approval Pre-qualification 111

Realtor.com

JULY 9, 2021

The couple lived in a third-floor apartment with their two children in a pre-war building they loved on Manhattan’s Upper West Side. We kept it in the pre-war style of the building, so we maintained its spirit, but everything is modern and new.”. That’s what Praneet Gill, chief strategy officer at a tech startup, and her husband did.

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Pre-approval Renovation Finance Construction 94

Realty Biz

JUNE 14, 2023

Fortune International Group and Château Group have successfully reached a utility agreement, enabling the commencement of construction for the St. As the demand for luxury condos in Miami is rising, national and foreign investors are very much interested in purchasing pre-construction condos, and the twin towers of St.

Construction 52

Construction Pre-approval Development Design 52

Marco Santarelli

MARCH 22, 2025

Sellers in Overbuilt Markets: Areas with an oversupply of new construction or apartments may experience price declines and longer listing times. If you're considering buying a home in this market, here's my advice: Get Pre-Approved: Know exactly how much you can afford before you start looking. What's a Buyer to Do?

Marketing 59

Marketing Pre-approval Lending Staging 59

The Close

NOVEMBER 12, 2024

Zoning & Potential Zoning Issues Every piece of land has a zoning designation specifying how to use the property. Make sure to research potential restrictions and requirements, which frequently include: Building moratoriums: This legal restriction stops the construction of all building projects on a piece of land.

Land 98

Land Investor Finance Development 98

Marco Santarelli

JANUARY 7, 2025

On the flip side, Memphis experienced the largest drop, plummeting 30 spots as new home construction has outweighed the low job growth in the area. You may want to get pre-approved for a loan and consider working with an experienced agent who understands the local market dynamics.

Marketing 52

Marketing Pre-approval Investor Construction 52

Marco Santarelli

FEBRUARY 17, 2025

Construction hasn't been able to keep up with job creation, tightening the market considerably. New Construction Lag: The construction industry is struggling to keep pace with the demand, as Zillows chief economist Skylar Olsen pointed out. Limited Housing Supply: This is the classic economic squeeze.

Marketing 52

Marketing Construction New Construction Pre-approval 52

Realty Biz

AUGUST 3, 2023

In recent years, virtual renovation has emerged as a groundbreaking tool that allows homeowners, designers, and contractors to visualize and plan home renovation projects in a virtual space. It combines the benefits of cutting-edge technology with practical application in home remodeling and construction.

Renovation 79

Renovation Pre-approval Investor Construction 79

HomeLight

AUGUST 31, 2021

Don’t let the pristine facade or shiny appliances of a model home deceive you: buying new construction will be as complex as any old real estate transaction, if not more so. And if you thought buying new construction without an agent would save you a few bucks in commission, think again. Updated August 31, 2021.

Agents 128

Agents New Construction Purchase and sale agreement Construction 128

Realty Biz

AUGUST 29, 2023

We will provide the best tips to ensure a smooth construction process. From selecting the right builder to planning for the future, designing your custom home, managing your budget, overcoming challenges, and being involved in the building process, we've got you covered. Building a new house can be both exciting and overwhelming.

Construction 92

Construction Inspection Design Land 92

Marco Santarelli

FEBRUARY 13, 2025

Even with the increase, the hottest markets had only about half the number of homes for sale in January compared to pre-pandemic levels. Consider New Construction: As Hannah Jones mentioned, new construction can offer attractive prices and incentives. This indicates that inventory remains a significant challenge in these areas.

Marketing 52

Marketing Pre-approval New Construction Construction 52

Toronto Realty Blog

FEBRUARY 16, 2022

Require mandatory delegation of site plan approvals and minor variances to staff or pre-approved qualified third-party technical consultants through a simplified review and approval process, without the ability to withdraw Council’s delegation. Let’s pick up where we left off: 15. ” 16.

Pre-approval 97

Pre-approval Land lease Development Land 97

Realtor.com

JANUARY 27, 2022

Jackson: When you’re dealing with this design lady right over here, who changes her mind 500 times, that becomes something of a hurdle. Sherrod: When we’re working with our clients, yes, we’ve both got design opinions. Egypt, your designs are always beautiful. Go all the way through underwriting and get a conditional approval.

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Pre-approval Renovation Design Agents 88

HomeLight

JULY 25, 2022

And, even a home built with quality construction can fall into disrepair over decades or within an instant after a catastrophic weather event or other event tests or compromises its integrity. In addition, the Appraisal Institute offers advanced credentialing such as MAI, SRPA, SRA, AI-GRS, and AI-RRS designations in residential real estate.

Inspection 111

Inspection Pre-approval Loans Finance 111

Toronto Realty Blog

JUNE 21, 2021

With an increasing population, we might expect that the number of new dwellings constructed is not in line with the number of new entrants to the market. Each estate is designed to be self-contained with amenities within walking distance from each other. HDB blocks are also being built with standardized construction systems.

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Pre-approval Construction MLS As-is 106

HomeLight

MAY 28, 2021

Courtney Kattengell , a New Orleans real estate agent and Designated Historic Homes Specialist, appreciates the value of these very special homes. “It Many (but not all) have a deep, gabled front porch designed for relaxed socializing in the shade. A simple design for simpler times! What is a shotgun house? They’re practical.

Renovation 105

Renovation Due diligence Pre-approval Construction 105

The Close

OCTOBER 13, 2020

As a part of his commission for the design and construction of the most famous Parisian landmark, Gustov Eiffel built and maintained ownership of a secret 1,000-square-foot apartment near the top of the Eiffel Tower. Mortgage Pre-approvals! There’s a Secret Apartment at the Top of the Eiffel Tower. But, the house existed.

Land 140

Land Construction Pre-approval Closing 140

HomeLight

AUGUST 31, 2021

The Section 203(k) program, by contrast, is specifically designed to provide funds to both buy and renovate, upgrade, and repair a home. Only lenders that have been approved by the FHA can offer 203(k) loans. All repairs must be planned, specified, and approved in advance. What’s a 203(k) loan?

Loans 104

Loans FHA loan Pre-approval Finance 104

A Student of the Real Estate Game

SEPTEMBER 16, 2021

Design decisions are made ~24 months before the building opens. Avoid trends and focus on timeless and flexible design. The target renter profile should drive the amenity set design, unit mix and layouts, branding etc. If you design for everyone, you’re designing for no one. Good design is a mix of art and math.

Development 52

Development Construction Pre-approval Design 52

HomeLight

AUGUST 20, 2021

The appraisal is a crucial step in the closing process; your home must appraise for equal to or more than the sale price for the buyer’s lender to approve their mortgage. Design and appeal can offset actual age.” Poor quality construction. Pre-1978 did not require any corner sheer panels.

FHA loan 105

FHA loan Inspection Pre-approval Loans 105

HomeLight

MARCH 30, 2021

Pre-approval letters are usually good for 60 to 90 days, so don’t enter this stage until you’re serious about your home search. It’s in your best interest to shop around for good mortgage rates and terms prior to getting pre-approved. An appraisal is designed to determine the value of the home. Get an appraisal.

Due diligence 105

Due diligence Inspection Title Pre-approval 105

Marco Santarelli

SEPTEMBER 11, 2023

These include: You can customize the design of your home to your specific needs and preferences. Construction Costs The cost of construction is the second most significant cost of building a house. The price of construction can vary depending on the size and complexity of the house, as well as the materials used.

Land 52

Land Pre-approval Construction Banks 52

GeekEstate

DECEMBER 22, 2020

Ian Janicki is a second-generation architect with software and design skills honed at top tech companies. AngelList sees thousands of deals and only writes checks into a few, so it’s a big stamp of approval for what Ian is building. Even pre-COVID, the DIY Home Improvement industry was worth an eye-popping $46 billion.

Renovation 93

Renovation Construction Staging Design 93

HomeLight

MAY 27, 2021

However, some sellers hire a home inspector before listing their home to conduct what’s known as a pre-listing home inspection. The appraiser’s valuation verifies that the approved loan doesn’t exceed the value of the property. A homeowner may hire an appraiser before a buyer is involved to complete a pre-listing appraisal.

Inspection 105

Inspection Purchase and sale agreement Pre-approval Loans 105

HomeLight

SEPTEMBER 15, 2022

Mike McClung, a home construction expert and CEO of Integrity Cash Home Buyers in Norfolk, Virginia, notes that many of the homes that go to auction are foreclosed properties. Your home will be visible to pre-qualified, serious buyers. Ensure that all bidders go through the pre-qualification process.

Pre-qualification 110

Pre-qualification Pre-approval Investor Sales 110

Toronto Realty Blog

FEBRUARY 12, 2021

Most parking is built underground and, in the downtown, water tends to complicate the construction, said Lyall. “I Forty-six per cent — 473 of 1,033 — of development applications that received at least one approval in the fourth quarter of 2019 had parking below the minimum standard. purchase price), not relative cost (ie.

Development 88

Development Pre-approval Residential Construction 88

Easy Agent Pro

NOVEMBER 9, 2021

They’ll need to be pre-approved, of course. So, just as you did for buyers, construct an awesome blog post about how the market is affecting home sellers, especially their bottom line. Or, choose a month, look up the various smaller holidays designated to the month and post away. Take a look at the local economy as well.

Agents 116

Agents VA loan Pre-approval Loans 116

Marco Santarelli

DECEMBER 12, 2024

Stronger Inventory: The forecast suggests that Colorado Springs may be nearing its pre-pandemic inventory levels, which implies that buyers may have more options compared to the recent past. New construction also plays a role in adding more inventory, creating a healthy market dynamic. 4 El Paso, Texas 19.3% 5 Richmond, Va.

VA loan 52

VA loan Marketing Pre-approval FHA loan 52

HomeLight

FEBRUARY 28, 2021

These numbers will help immensely as you start the process of getting pre-approved for a mortgage. According to HUD, new homes are being built in El Paso , but the majority of that construction is concentrated in the eastern and central portions of the city. You should make sure to shop around for the best rates.

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Inspection Pre-approval As-is Agents 102

HomeLight

MAY 28, 2021

Increasing your down payment , upping the earnest money , and obtaining pre-approval from a local lender can also improve your offer. Myrtle Beach is also a FEMA-designated flood hazard area. Homes were built in 2005, with new neighborhoods currently under construction.

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Inspection Seller concession Pre-approval Agents 93

Kyle Handy

MARCH 13, 2023

They have pre-license, post-license, continuing education, and broker post-license courses. AYPO Real Estate Self-paced courses and instruction for pre-license and post-license real estate professionals. AYPO Real Estate provides both pre-license and continuing education services. PRO: A wide variety of courses available.

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Pre-approval Agents MLS Sales 73

Realtor.com

JULY 7, 2022

Because taking care of the “little” details can make a big difference when it comes to boosting your pre-move peace of mind. As a first-time homebuyer, you get a place to call your own, the freedom to design it as you wish, a nice investment that can pay off over time— and the responsibility of taking care of your new house.

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Pre-approval Design As-is Construction 80

Marco Santarelli

DECEMBER 16, 2024

As Fannie Mae also notes, supply is still below pre-pandemic levels. If you are open to new construction, that's something you can explore. Fannie Mae points out some big regional differences: The Sun Belt: This is where construction has been active, and builders are focusing on first-time homebuyers. But, knowledge is power.

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Sales New Construction Construction Pre-approval 52