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New Home Construction - The American Dream or The American Nightmare?
Buying a new home is suppose to be the American Dream. Unfortunately, for many buyers of newly constructed homes it becomes the American Nightmare. Hiring a qualified third party home inspector can increase you chance of a hassle free home. One only has to visit sites like Homeowners Against Deficient Dwellings (HADD)- http://www.hadd.com or Homeowners for Better Buildings (HOBB) - http://www.hobb.org to see how widespread shoddy construction is in the industry. No area of the country is free from shoddy construction. In my job as a Professional Home Inspector I talk to hundreds of people each year about new home construction. It still amazes me that many believe the city inspector will find every item wrong with a home. Nothing could be further from the truth! A city inspector inspects for code violations. The building codes are the MINIMUM standards that a home should be built to. City code inspectors only inspect for safety and health issues as they relate to building. City inspectors do not inspect for the quality of workmanship! City building inspectors also have no liability. If your home falls down and hurts you the day after you move in, you can not go back and sue the building inspector because he missed code violations. In Houston, the area I inspect in, the city building inspectors spend about 10 to 30 minutes in a home inspecting it. At the end of their "Inspection", they will then place a green or orange 3x5 sticker at the front of the home. The Green sticker says you passed, the orange or red sticker says the home failed. There is no way that a city building inspector can note all the discrepancies on a home on a 3x5 sticker! The new trend is for builders to advertise that their homes have been inspected by a "Third Party Inspection Company." This is like listening to a used car salesman say he had his mechanic check your used car out before you bought it. If the company the builder hires becomes a nuisance by continuing to find problems, then a new company will be found who can inspect the homes the way the builder likes. Wise and prudent home buyers will research their builder before deciding on one to go with. They will also start doing their research on finding their own third party home inspector to inspect the home as it is being built. What are some things you should look for in a home inspector? To start with, not all home inspectors are created equal. Look for a home inspector that is a member of the American Society of Home Inspectors (ASHI) - http://www.ashi.org. ASHI is the nations oldest and largest home inspection organization. They have strict membership requirements in place and not any ole inspector will be accepted. Next, make sure the inspector you choose is Code Certified. Many areas of the country have now adopted the International Residential Code (IRC) as the model building code. Check with your local municipality to determine which model code they enforce and adjust your search likewise. You can find a Code Certified IRC Inspector by going to http://www.iccsafe.org. Ask the inspectors on your narrowed down list for sample inspection reports. You're looking for a home inspector who writes narrative type reports and who will include code numbers or the code itself when he finds them. I'd avoid inspectors who say they use an onsite "checklist" type of report. Call or meet the inspector. You're looking for someone who is knowledgeable and who can communicate well. If you talk to an inspector and have trouble understanding what he's saying, it's likely his report will be hard to understand as well. Ask for references. Have the inspector send you several references and follow through checking them out. Ask questions. Ask your inspector if he/she will come back out and re-inspect after the builder says all the repairs have been made. Some will, some won't. Expect to have to pay for a re-inspection. Ask the inspector if he will communicate with the builder after the inspection if the builder has questions. Good inspectors will take the time to go over the report via phone or in person with the builder to ensure that all needed repairs are made. As a home buying consumer, it's your responsibility to ensure your home is built correctly. Not the builder, not the State, County or City. Hiring a qualified and reputable home inspector will go a long ways in helping you obtain a problem free home. Full reprint and distribution rights are granted as long as the entire article, including the sig/resource box below, is kept intact. Donald Lawson is a Professional Real Estate Inspector who is licensed in Oklahoma (454) and Texas (5824). Donald is also Building and Plumbing Code Certified by the International Code Council. He currently owns and operates V.I.P. Home Inspections, a multi inspector firm in Houston Texas. You can find more articles on New Home Construction as well as a free New Home Buyers Guide at his website http://www.best2inspect.com
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Real Estate Math: How To Tell If An Investment Property Is A Good Buy Forbes The question on every new investor's mind is simple: how do you know if an investment property will be profitable? Lucily, there are two easy formulas you can ... Interior Secretary Ryan Zinke resigns amid scrutiny of conduct and real estate dealings Dallas News Ryan Zinke will resign as interior secretary, President Donald Trump said Saturday.Zinke had faced allegations of misconduct involving a land... Three Predictions For The Future of Real Estate Tech Forbes Proptech and new customer *service* demands are quickly reshaping the real estate buying and selling processes. Nine Surprising Real Estate Opportunities That Will Grow In 2019 Forbes Anyone who hopes to succeed in the real estate industry needs to stay up to date on the latest market trends. Whether you're an investor or a broker, you'll have ... Local Real Estate Agents Give Back YourCentralValley.com The husband and wife team that make up the Soares Team are giving back to the community of Pinedale in a big way. Find out how you can help. La Crosse County real estate transfers for Sunday, Dec. 16, 2018 La Crosse Tribune The following are real estate transfers filed in La Crosse County. By law, some transfers are exempt from transfer fees; these properties are listed without prices. Market correction or midterm speed bump? Here’s what real-estate agents are saying about the housing market MarketWatch A survey of real-estate agents showed signs of life in the housing market after all, as well as some new trends that bear watching. Demolition of Brayton Point plant could positively impact nearby real estate SouthCoastToday.com When contractor Michael Parriff and his social worker fiancé Stacey Tessier, both from Berkley, bought their secluded contemporary home with the ... Ask a real estate pro: Neglected lot next door threatens my property. What can I do? Sun Sentinel If the vacant lot lot next door is damaging your house, your first step is to write to the owner. If that doesn't resolve the issue, here's what you do next. Could this city be the next capital of cool? The Real Deal Magazine Greenville, South Carolina, wants to be the next Portland, Oregon, aka the capital of the cool and artsy. Top D-FW commercial real estate deals for Dec. 14 week: Stream Realty, CBRE, Marcus & Millichap Dallas News SalesAmerican Landmark Apartments has purchased the Emery Bay at Lakepointe, a 360-unit apartment community located at 901 Lakeside Circle in... Miami County Real Estate Transactions Troy Daily News TROY. Harlow Builders Inc. to Michael Osborne, one lot, $44,900. Halifax Land Company to Douglas Grise, Linda Grise, one lot, $100,000. Harlow Builders Inc. Goodbye to bidding wars: Some of the hottest housing markets are falling the hardest CNBC Home sales have slowed to a crawl nationally, and it's not just the winter temperatures. The market's pulse has become weaker, especially in areas that were ... Yo Joe! Real Estate Advice for November UptownMessenger.com I'm Joe Gerrity, local businessman, investor and Real Estate Broker. For my monthly “Yo Joe!” column, I'll be answering your real estate questions as well as ... 37% of Metro Vancouver sees real estate industry as 'extremely corrupt' North Delta Reporter Report comes as the B.C. government continues to probe alleged links of money laundering in casinos to real estate. 'Know Your Strengths': Leadership Lessons From A Real Estate Entrepreneur Forbes Diane M. Ramirez, chairman and CEO of Halstead, is known for her passion and devotion to the residential real estate industry. She is a 35-year veteran who ... Recent Commercial Real Estate Transactions The New York Times Recent commercial real estate transactions in New York City. Predicting The Future Of Real Estate: Transacting In 2025 Forbes Anyone who thinks that real estate transactions are immune to technology and shifting consumer trends may find themselves in a different line of work before ... LA among the world’s most expensive cities for real estate Curbed LA While millions of Los Angeles residents struggle to pay for basic needs like food and housing, a handful of wealthy homebuyers are making the urban area one ... Real Estate Happenings | Real Estate Charleston Post Courier WHAT: Sponsorship opportunities will take place for potential businesses and customers involved with the CAA to make presentations at the association's ... Younger vets face difficulties affordable housing | Real Estate Charleston Post Courier Veterans from the Korean Conflict to the First Gulf War typically found an enticing real estate market when they returned home. But recent research, backed by ... Understanding The Nuances Of The Hotel Real Estate Investment Forbes Understanding the variables associated with operating the business housed in the physical real estate can make or break the return on investment. What HNWIs Want from Commercial Real Estate National Real Estate Investor In 2016, 2017 and 2018 NREI conducted research with its audience on high-net-worth investor (HNWI) interest and activity in commercial real estate. In 2018 ... Real Estate Tricks And Scandals To Look Out For (And To Entertain Your Family This Holiday Season) Forbes Three dozen stick of dynamite was a sneaky way to solve a real estate problem, plus more tales of trickery in this business. Misleading Earnings Put Equinix & the Real Estate Sector in Danger Forbes The Real Estate sector's economic earnings continued to decline and turned negative through the first three quarters of 2018. Juniper Square lines up $25M for its real estate investment platform TechCrunch Juniper Square, a four-year-old startup at the intersection of enterprise software, real estate and financial technology, has brought in an additional $25 million in ... Builder asks $44.5M for spec home on Palm Beach island The Real Deal Magazine A family business with ties to President Trump listed a spec home about two miles from Trump's Mar-A-Lago Club in Palm Beach with a $44.5 million asking ... Real estate news: 552 affordable, workforce housing units coming to Santa Ana OCRegister A large affordable housing complex is coming to Santa Ana. NAI Capital's Irvine office has completed a 99-year ground lease for the project on 6.84 acres. 18 Commercial Real Estate Trends To Dominate In 2019 Bisnow Experts anticipate these 18 trends to dominate in the new year. Agent update | Real Estate Charleston Post Courier Top producers group makes charitable gifts. w/photos. A real estate organization forged in lower Dorchester and Berkeley counties and upper Charleston ... How will the new Apple campus affect Austin real estate? FOX 7 Austin AUSTIN, Texas (FOX 7 Austin) - The new Apple campus in North Austin could have an impact on home prices for the already soaring population the area has ... Residential real estate transfers, Dec. 16 | Real Estate Transfers Omaha World-Herald Legacy Homes Omaha LLC to Hernandez, Joe R. Jr. and Nicole M., 10505 Rosewater Parkway, $281,370. Legacy Homes Omaha LLC to Donner, Nathan A. Listings: New area real estate industry personnel for December 16, 2018 Reading Eagle Company Coldwell Banker Residential Brokerage, Wyomissing; Berkshire Hathaway HomeServices Homesale Realty, Spring Township; and Keller Williams Platinum ... Making a living at real estate investment: Lindemuth properties offer opportunities in Topeka The Topeka Capital-Journal Topekan Steve Clinkinbeard laughs and refers to himself as an "old conservative accountant" who is trying to stay out of trouble.He's apparently decided staying ... How the Grinch stole the show in this Baltimore real estate listing Baltimore Sun The Dudley Frank team's latest staged real estate listing photo gallery uses the Grinch to highlight a Hampden rowhome's best assets. Six Legal Tips For Purchasing Commercial Real Estate Forbes When it comes to commercial real estate, it is of paramount importance that, when you retain legal counsel, they take an in-depth look at all of the nuances that ... Lamar County real estate market looks up in 2018 Paris News Lamar County's real estate market has seen promising signs of growth over recent years, as the collapse of 2007 becomes a distant memory. The market ... Retiring Tom Seal reflects on swings of real estate market The Herald Bulletin ANDERSON – For the past 46 years, Tom Seal has ridden the roller coaster that has been the real estate market in Madison County. Seal, 74, is retiring from the ... Three Ways To Position Yourself As A Real Estate Influencer Forbes As millennials accumulate more wealth, real estate professionals must understand how this distinctive segment will approach buying and selling homes. Dec. 8 Real Estate Transactions The Newark Advocate The first name(s) listed is the seller and the second name(s) listed is the buyer. transit real estate developments Crain's Chicago Business The city's most ambitious real estate players have concocted sprawling campuses on the collars of downtown. The result: a burgeoning mega-Loop on the verge ... Ivanka Trump, Jared Kushner could profit from real estate tax break they pushed Chicago Tribune The Opportunity Zone program promoted by Ivanka Trump and Jared Kushner could also benefit them financially, an Associated Press investigation found. Massachusetts real estate transactions: Hampden, Hampshire and Franklin counties, Dec. 16, 2018 MassLive.com Here are deeds registered in Western Massachusetts' Pioneer Valley and published in the Sunday Republican for the week ending Dec. 16, 2018: Weekly Review: Real Estate CEFs - A Volatile Week For The Sector Seeking Alpha Review of where real estate funds and their benchmarks ended last week. Recap of news related to the group, if any. Comparison of the funds using several ... Strange real estate deal raises specter of Putin buying Trump San Francisco Chronicle In July 2008, Donald Trump undertook one of his most infamous transactions. He sold a mansion in Palm Beach for $95 million to Dmitry Rybolovlev, Russian ... Council hearings cement wide-ranging changes for real estate Crain's New York Business Lawmakers approved a major rezoning and a controversial restriction on hotel construction as well as heard testimony on a suite of tenant-focused housing bills. How To Prepare Commercial Real Estate For Premises Liability Forbes When it comes to premises liability claims, in general, the onus is on a business or property owner to ensure reasonable care of the premises. When proven ... The Most Powerful Real Estate PR Firms of 2018 Observer Here are our selections for the year's most notable PR firms in the real estate sector. Also notable: the top four firms here also appear in this year's PR Power 50. Many Real-Estate Stocks Rebound Barron's After a tough start to 2018, real-estate investment trusts have made a bit of a comeback. The FTSE Nareit Equity REITs index, a broad measure of the industry, ... Exploring Today's Real Estate Market -- And Its Future Forbes You may have noticed the real estate market tightening and slowing in recent months. Homebuyers are becoming increasingly more cautious due to the feeling ... House Hunting in … Italy The New York Times Milan continues to outpace its Italian neighbors in home prices and sales volume, while the smaller areas in its orbit remain quiet and affordable. $28.5 million home flirting with Central Florida real estate history WKMG News 6 & ClickOrlando A private Lake Butler estate is being offered in the Central Florida market with a price tag that will more than double the current home sales record of $11 million, ... Hobbs Brook Management Signs 18 New Leases Boston Real Estate Times WALTHAM, MA – Hobbs Brook Management LLC, a commercial property management and development firm specializing in leasing, construction and ... Americans Spent $100 Million on Tropical Real Estate. They Were Scammed, FTC Says. The Wall Street Journal The U.S. government's shutdown of what it called a $100 million real-estate investment scam in Belize highlights a growing concern: the targeting of Americans ... A Valley home rented by Frank Sinatra, Marilyn Monroe, seeks $13M The Real Deal Magazine UPDATED Dec. 14, at 8:34 a.m.: Frank Sinatra must have sung about “Love and Marriage” in this Chatsworth pad. A property once rented by the Sultan of ... RBC Capital Upgrades Alexandria Real Estate (ARE) to Top Pick StreetInsider.com Get instant alerts when news breaks on your stocks. Claim your 2-week free trial to StreetInsider Premium here. RBC Capital analyst Michael Carroll upgraded ... Real estate is local economic engine but space shortage on horizon Times Union Malta. Many of the numbers associated with real estate in the Capital Region — residential, commercial and industrial — paint a rosy picture, but construction ... NYC’s ‘ultra-prime’ real estate market is booming Curbed NY The downswing of New York's real estate market has been much-documented in the past year: prices are falling, concessions are up, and listings are staying on ... ‘Just for Buyers’: The best local real estate deals for the week of December 10th WECT "Looks can be deceiving" That's the lesson that can save homeowners a whole lot of cash. "Just for Buyers Realty" looks at some local properties worth a second ... Real Estate Fresh Finds: Dec. 12 PoPville Real Estate *Fresh* Finds is a weekly selection of newly-listed properties in the District, brought to you by Real Living At Home. Arrest of Huawei Executive Could Hit Vancouver Real Estate Barron's The arrest of Huawei CFO Meng Wanzhou has many repercussions, but one that investors may not have considered is the effect on the Canadian real estate ... As Markets Tank, These Real Estate Investment Trusts Hit Higher Highs Forbes Real estate investment trusts -- also known as REIT's -- outperformed the markets by a wide margin last week. As a matter of fact, while many big stocks were ... High and low real estate transactions listed for Huron County Norwalk Reflector The following real estate transactions represent the highest and lowest amounts recorded in Huron County for the week ending Dec. 7: High: $5863509 - TMC ... Buying a home with parents' help? Consider this advice from a realtor Business Insider Realtor Dana Bull says about half of her millennial clients get financial help from parents to buy their first home. Here's the advice she gives them. Ritzy Amenities Are Changing the Chicago Real Estate Game Chicagomag.com Thousands of new apartments lease in Chicago each year — so many, in fact, that developers need to dream up new perks to lure young, upwardly mobile ... Gwinnett real estate agent to serve prison time for $22M fraud scheme - Atlanta Journal Constitution Gwinnett real estate agent to serve prison time for $22M fraud scheme Atlanta Journal Constitution A Suwanee-based real estate agent will serve more than seven years in prison after defrauding clients to the tune of $22 million,the U.S. Department of Justice ... 2019 Real Estate Forecast: What Home Buyers, Sellers And Investors Can Expect Forbes The year started with sky-high home prices, historically low mortgage rates and a definitive upper hand for sellers. In recent months, though, things have started ... Homes sold recently in central Ohio The Columbus Dispatch This sampling of homes sold recently in central Ohio comes from information supplied by real-estate agents.• If you're an agent who would like to submit, fill out ... Real Estate Transfers For Dec. 6-12 The Chattanoogan NOTICE: The Hamilton County Register's Office did not publish this data. All information in the Register's Office is public information as set out in T.C.A. 10-7-503 ... NY-based real estate group plans to revitalize SS United States ship Curbed Philly For over 20 years, the SS United States passenger liner has sat in the Delaware River, as an historic—and too often overlooked—Philly landmark. But a new ... Five Ways A Busy Professional Can Use Leverage To Become A Real Estate Investor Forbes There is no rule that states you have to wait until the end of your career to be able to retire. These Trends Will Shape the Real Estate Market in 2019 Realtor.com News Home buyers and sellers are both going to face challenges in 2019, according to an analysis by the realtor.com economic team. Find out what's happening and ... Erie County Real Estate Transactions Buffalo News Following are real estate transactions over $5000 as listed in records of the Erie County clerk's office for the week ending Nov. 2. ALDEN • 11849 Boncliff… The 2018 Real Estate Advice You'd Better Not Miss | realtor.com® Realtor.com News We doled out a lot of expert real estate advice over the past 12 months. But what was most useful to you? Here are our most-read advice pieces of 2018. Brookfield Property Partners: The 'Berkshire Of Real Estate' Seeking Alpha And over the next five years, management is expecting BPY to deliver between 15% and 25% annualized total returns, courtesy of its currently trading nearly ... Law Roundup, Neighbors frighten real-estate agent Daily Inter Lake A real-estate agent ran into trouble while attempting to take photos of a property on U.S. 2 in Marion for a client who was selling it. Apparently, neighbors yelled ... Bank of America's move leaves more Wilmington office space empty The News Journal Bank of America will move out of two massive Bracebridge buildings, leaving vacant nearly half a million square feet of office space in Wilmington. Could the arrest of Huawei's CFO affect Vancouver's real estate market? CityNews Vancouver VANCOUVER (NEWS 1130) – Despite her release on bail, the arrest of Huawei's CFO could have repercussions in Vancouver. Some experts say it likely sent a ... This week's top commercial real estate transactions | Real Estate Dallas News SalesLibitzky Property Cos. and Sunwest Real Estate Group acquired Coppell Tech Center II and Highpoint Oaks I, a 2-building office portfolio at... New York Touted Real Estate, Eminent Domain in Bid for Amazon The Wall Street Journal In their bid for Amazon.com Inc.'s second headquarters, New York City and state officials dangled prime real estate at the tech giant and offered to use eminent ... Boston real estate predictions for 2019: Slower sales, higher rents, and development galore Curbed Boston 'Tis the season for prognosticating about what will happen in the new year. Here are four likely trends in Boston-area real estate in 2019. Real estate blockchain set to go live in early '19 Computerworld New York-based ShelterZoom is going live soon with its blockchain-based real estate offer-and-acceptance application; it's one of several ways companies are ... Real estate transfers: Reported Dec. 9, 2018 Herald-Whig Real estate transfers recorded in the office of Adams County clerk and recorder. Quincy area. Frances E. Burrus, property at 2029 Locust St., to Angela F. Good catch? Famous Hamptons fish shop hits the market for $7M The Real Deal Magazine The famed fish shop at 41 Oak Lane has been put on the market for $6.99 million by its owners Bruce and Charlotte Sasso. How much? Tompkins County real estate transactions Ithaca Journal Real estate transactions for Sept. 16-22. TOMPKINS COUNTY. Caroline. Stephen James Moyer sold 26 Flat Iron Road to Duane Austin for $39,000 on ... The 911 caller couldn’t talk. Then came a voice in the background: ‘Where is the money?’ The Washington Post An arrest has been made in the shooting death of a Maryland real estate salesman in a model home. Real-Estate Broker Eastdil Hires Allianz Executive for N.Y. Sales Wall Street Journal Real-estate broker Eastdil Secured has hired a top U.S. executive from a European financial firm, a move that could bolster the broker as its parent company ... |
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