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Smart Construction Gains Ground In San Mateo, California, tech-focused real estate developer Veev wants to turn the U.S. housing crisis into an opportunity. The state needs about three million more housing units. Veev has multiple backers, including homebuilding giant Lennar’s…
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Cities Zero In on Empty Homes
Vacant “Zombies”? Someone’s Investments? More than 16 million homes in the United States are empty. Right in the middle of a painful housing shortage. What is going on? One issue involves mortgage default. A few people are starting to walk…
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Defining “Material Defects” in the Seller’s Disclosure
Buying a home? Wondering how much the seller has to tell you about its condition? It’s an important question to ask, so let’s explore it. Under the laws of most states, it’s a seller’s duty to inform a buyer about…
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How Younger Buyers Are Changing Home Preferences
The New Market Influencers Millennials, according to Goldman Sachs, are seeking something previous generations might not have prioritized. The bulk of today’s new homeowners don’t just seek curb appeal. They have developed an eye for what supports their long-term health and the…
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The NFT House on Florida’s Gulf Coast
A First for U.S. Real Estate This year, the California real estate tech company Propy directed the first U.S. real estate NFT auction. The asset was a four-bedroom, 2-and-a-half bath house in Gulfport, on the western coast of central Florida.…
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Eleventh-Hour Tax Tips for Homeowners
Did You Claim Everything? It’s that time again. Here, we note 6 checklist items, to help ensure your ducks are in a row for Monday, April 18, 2022 (or Tuesday, April 19 if you live in Maine or Massachusetts).
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As Boomers Retire, the Transfer on Death Deed Comes of Age
Each day, about 10,000 baby boomers reach retirement age. Their recent frustrations, as they’ve grappled with Covid-19, have only accelerated the national jump to retirement. And now, this large cohort of retirees is thinking about getting its financial affairs squared…
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Four Thoughts on Starting a Small Rental Business
Is There Profit in Your Property? Renting is a critical market today. Why is renting on the rise? For one thing, many people have not been able to buy into today’s sky-high real estate market. Shortages of workers and supplies…
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As Mortgage Interest Rates Nudge 4%, There’s a New Rush to Buy
Fear of Missing Out? Higher mortgage rates can be daunting for many buyers. And here they come. The silver lining? As interest rates begin to rise, this frenzied real estate market could start to level off. But first, it looks…
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How to Work With a Lender and Win
Ready to Buy a Home? Choose a good mortgage consultant, and you’ll have support throughout your loan application journey. You’ll probably get a lot of phone calls along the way, but it’s all to help you and your real estate…
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The Cost of Owning a Home
More Than a Mortgage Imagine you’ve made it through closing. You’ve purchased a reasonably priced home. You paid around $5,000 for closing cost fees, taxes and insurance; another $2,000 for moving in and fixing up. You have a an ample…
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Six Common Reasons House Sales Fall Through
Forewarned Is Forearmed Buying a house is a major milestone for most people. After the weeks, months, or even years of preparation, a buyer wants to cross the finish line with confidence. Buyers and sellers alike need to know what…
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Airbnb Could Decide to Accept Cryptocurrency in 2022
Meanwhile, the Homesharing Platform Is Helping Homeowners in Ukraine This might just be the year Airbnb meets bitcoin. A team of Airbnb employees is currently looking at how the platform could accept cryptocurrency payments. Airbnb co-founder and CEO Brian Chesky…
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What’s Best to Buy—Existing Home? New Construction?
Weighing the Environmental and Financial Factors You might be wondering if a newly built home is right for you, or if it’s better to get a lived-in home. Once upon a time, that question was a simple matter of personal…
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Taking a Co-Borrower Off a Mortgage: Three Ways
So, you’re changing from a co-owner to the sole owner of your house. And now it’s time for your spouse or co–borrower to come off your joint mortgage. Probably from your house deed, too. If the title is already in…
