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Gerald Lucas

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Huge Risk To Buyers Of Newly Constructed Homes, How To Maximize Low Interest Rates, Credit Conditions Change For Builders

June 7, 2022 Gerald Lucas

Huge Risk To Buyers Of Newly Constructed Homes

Real Estate Tip:

When interest rates are low always borrow for the longest term you can negotiate.

Real Estate Insight:

Credit conditions tightened for builders and developers in Q1 2022 as indices from the NAHB and the Federal Reserve indicate tightening credit conditions for the first time since mid-2020.

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Tags Gerald Lucas, real estate tips, real estate strategies, lenders, home mortgage, residential properties, newly constructed homes, mortgage rates, builders, Federal Reserve, mortgage contingency, lender, contract
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Can Non-US Citizens Get A Mortgage To Buy A Home?, Thing You Must Do Before You Make An Offer To Buy A Fix & Flip Property, New Home Buyer Problems Increase

May 31, 2022 Gerald Lucas

Can Non-US Citizens Get A Mortgage To Buy A Home?

Real Estate Tip:

Before you make a written offer to buy a rehab property, learn what real estate repairs cost (labor and materials), be conservative with your estimates and make a detailed list that you can show to potential lenders, investors and joint venture partners.

Real Estate Insight:

New home buyers are confronting multiple obstacles this year, from surging mortgage rates to home construction delays due to supply-chain and labor constraints.

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Tags Gerald Lucas, real estate tips, real estate strategies, lenders, US Citizens, home mortgage, foreign national mortgage programs, Non-US citizens, residential properties
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