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3 June 2021 | 0 replies
FROM MONEY It's About to Get Easier for Over a Million Homeowners to Refinance Their MortgagesTwo new mortgage refinance programs launching this summer should make it a little easier for lower-income borrowers to save on their home loan payments.Starting on June 5, Fannie Mae will offer a product called Refi Now.
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9 June 2021 | 0 replies
pid=1782Houston Real Estate Highlights in May:-Single-family home sales increased for the twelfth consecutive month, up a dramatic 48.2 percent year-over-year with 9,702 units sold;-The Days on Market (DOM) figure for single-family homes dropped from 58 to 34;-Total property sales rose 55.5 percent with 12,100 units sold – the second highest volume in history;-Total dollar volume increased 100.5 percent to $4.4 billion;-The single-family average price reached a new record high, rising 29.7 percent to $387,105; -The single-family median price rose 21.7 percent to $304,000 – also a record high; -Single-family homes months of inventory registered an historic low 1.4-months supply, down from 3.3 months year-over-year and below the national inventory of 2.4 months;-On a year-to-date basis, single-family homes sales are running 29.5 percent ahead of 2020’s record pace;-Townhome/condominium sales jumped 103.4 percent with the average price up 15.7 percent to $238,839 and the median price up 21.7 percent to a record high of $213,000;-Single-family home rentals fell 26.8 percent with the average rent up 10.6 percent to a record high $2,025; -Townhome/condominium leases declined 3.5 percent with the average rent up 8.5 percent to $1,716.
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3 July 2021 | 5 replies
Repairing something that's broken, depending on what it is, can be something they might be more likely to tell you you don't need a permit for.For example, instead of saying "I'm going to take down several walls and put new ones up" you could say, "I'm going to repair several sections of crumbling plaster by replacing the plaster with drywall, and putting in some insulation in the process" - if that's a fair description of course.It's a minor difference in framing, and might not matter, but where there's ambiguity I usually like to try to tilt things in my favor where possible 😀For tracking down the building department you could Google it or look on ripropinfo.com which is my usual launching-off point for researching properties - it has a column for the city/town website which can be helpful because sometimes towns change their sites from .us to .gov to .com or whatever (more often than you'd expect actually).
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3 July 2021 | 7 replies
Utility statements are on a rolling basis in my condominium For ex.
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5 July 2021 | 11 replies
We just launched back in March and do some work with a few rehabbers and flippers.
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11 February 2022 | 18 replies
Anyway, full gut, just finally launched 3 units in early June and scratched out $18K for the month, July is booked for $28k with probably another $3-4k available to book, and then we’re putting another $10k into the property the first week of August to build a new walkway to the access, porches, outdoor shower, etc.
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7 July 2021 | 6 replies
Puerto Rico Condominium Act 129-2020 passed in Aug 2020 prohibited HOA / Condo associations from banning STR unless the master lease/bylaws expressly prohibit STR.
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3 August 2021 | 4 replies
Then till 2015 it was common practice developers used to get pre-launch bookings from buyers and launch other projects in that money instead of completing projects where buyers had paid bookings.
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13 July 2021 | 5 replies
FYI - we recently launched an updated agent finding experience to help you find investor-friendly agents.
16 July 2021 | 3 replies
They weren't reinventing the wheel or waiting to prove themselves in order to launch.