Aside from finding and buying a lot for your new home, few decisions are as important as choosing your home builder. Whether you already have a dream home in mind and need builders to make it a reality or want to get ideas from the experts first, get some guidance from the National Association of Home Builders (NAHB). Their checklist is an excellent starting point for future homeowners who are looking for the right builders. Get meaningful recommendations. Start with your local or regional homebuilders’ association. These organizations can provide a list of member builders in good standing….
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Help Your Clients Build a Home With a Smartphone — 10 Top Apps for Real Estate Pros
Do you have clients looking for lots and land to build a new home or that are considering buying new construction? We’ve combed through hundreds of Apps that can provide tools for real estate agents and brokers to help your clients 1) find the perfect homesite and 2) build their houses using a Smartphone. Our recent article – Build a Home with the Help of a Smartphone and these 8 Apps – identified some of the best Apps for homeowners or home buyers to use in their new home planning and construction process. And even though we know that real…
Read moreList Now & Sell Your Property with these 3 New Year’s Resolutions
If you want to sell a property, the first thing you must do is actively and aggressively market it. To find the right buyer, you have to have the right exposure. But it’s amazing how many people don’t properly market their properties or simply fail to list them at all. Whether you are a real estate agent, a homebuilder or an unwilling property owner, you are missing out if you have not recently reviewed your marketing efforts and created a targeted online listing to sell your lot, land or other property to the right type of buyer. It’s not too…
Read moreUse Real Estate Professionals: Tip #8 for Buying Residential Lots and Land
All of the 8 Tips for Buying Residential Lots & Land for a New Home play an important role in evaluating a lot or land for sale, but it’s possible that the single most significant tip is to make sure you are working with experienced, knowledgeable and helpful real estate professionals. The A-Team Successfully identifying and purchasing that “right” property often requires the help of professionals with whom you work very closely – like an agent, home builder and architect. These primary contacts for buying lots or land for a new home are your A-Team. Choosing a good A-Team can…
Read moreLots and Land Development: How do you know when the Market is Ready?
Land development tends to be one of the riskiest roles in the housing industry, so for land developers it is important to know that the market is ready for a new project to avoid taking on excessive risk. What are the tools or metrics that land developers can use to analyze housing markets and help them evaluate whether the market is ready for developing land into lots for new home projects? Risks of Land Development Land developers are at the front-end of new home construction. Land developers typically borrow and advance the funds that are needed for them to pay for…
Read moreHome Builder Loan Market…Not So Terrible?
Whether it’s houses, land or lots for sale, too many in the real estate industry have seen deals fall apart because of the tight lending market over the past few years. Words to describe the lending market in recent years might include: “terrible”, “non-existent” or “impossible”…making a report of “neutral” something to celebrate. The NAHB recently issued its “Survey on Acquisition, Development & Construction Financing” for the second quarter of 2012, which describes homebuilders’ and developers’ current experiences with the availability of loans for land acquisition, land development and home construction. What can we glean from the survey? Our key…
Read moreLotNetwork.com Creates a Better Way To Buy And Sell Residential Lots and Land
Launching Today Nationwide: Internet’s largest Website, Listing Service and Networking Venue Focused Solely on Lots and Land for Homesites or Development More than 250,000 Listings Searchable for Free. CHARLOTTE, N.C., June 12, 2012 /PRNewswire/ — LotNetwork.com, the first nationwide listing service focused solely on residential lots and land, launched today featuring more than 250,000 properties for sale across the country. LotNetwork.com is designed to help provide buyers and sellers of land for homesites and residential development with a targeted, easy-to-use, and economical way to connect with each other, while addressing the unique challenges of marketing these types of properties. As the effects of the…
Read moreChoosing Your Builder: Tip #2 for Buying Lots and Land
Today we’re looking at the second of our 8 Tips For Buying Residential Lots and Land for a New Home. So you think you’ve found an area, neighborhood or even lots for sale that fit your community style. Well, at the same time you should be evaluating potential home builders – or even just the types of builders – that you may want to use. Know Your Options Investigate your home builder options carefully. Some vacant lots or land for sale allow you to use any builder you want, but in other areas your choices for builders may be more limited…
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