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Before you commit to paying for an expensive new property renovation, consider less expensive repair alternatives.
The April Home Buyer Index report found nationwide difficulty to be at 82.4 out of a possible 100, a score that represents extremely tough conditions.
Only hire real estate contractors that have established trade lines (credit accounts that allow them to buy supplies and materials themselves). A contractor without trade lines is a potential liability to you.
Demand for Vacation-Home mortgages plummeted 40% in 2023.
Get a home inspection before you buy a home. If the required renovations and repairs identified in the inspection report are beyond your capacity to deal with, move on to another home.
Fannie Mae has unveiled its latest upgrade to the 2022-2024 Equitable Housing Finance Plan, aimed at dismantling obstacles to housing and home ownership while The National Association of Home Builders has introduced a comprehensive 10-point housing plan aimed at combating shelter inflation and alleviating the housing affordability crisis by dismantling obstacles impeding the construction of buildings.
