You read it right. A home builder based in Patchogue, New York called SQ4D (go to link to builder site for more information) created a 3-D 1,400 square foot home along with the footings, foundation, slab, and walls; everything except the roof and windows. This was done line by line on an enormous custom 3-D printer manned by one guy that layers a special concrete. The company asserts that this concrete is...
1) In 15 of America's most major metropolitan areas owning a house is cheaper than renting according to realtor.com®. The January 2021 analysis compared the median monthly costs of buying a home to renting a 2-4 bedroom unit in each of the top 50 U.S. markets. 2) U.S. homeowners financially impacted by Covid-19 are now eligible for up to 18 months of mortgage forbearance. The Federal Housing Finance...
Many folks thought the housing market would never again be as crazy as it was in the early 2000’s, but guess what? Here we are again! Housing is selling full boar and many listings are getting multiple offers within days.... or even hours. Buyers are making offers “sight unseen” just to have a chance at getting a home under contract. This frenzy is leading many buyers feeling desperate and...
The gravity of the 2008 crash is impossible to forget. But what we may not remember is that there were economic downturns that resulted in appreciated home values. Of the last five recessions in U.S. history, three of them saw increases. Two of those three saw prices appreciate faster than the historical average. Market conditions are not the same as 2008 which is the biggest indicator that we will...
Many buyers of land will use a loan for their purchase. Unfortunately some of those buyers are in for a shock regarding the down payment because this type of loan is viewed differently than real estate purchases with homes or buildings. For some insight, here are key factors to know about down payments for land loans. 1. How much is the down payment on a land loan? Lenders require 20-50 percent of the...
From time to time we get inquiries regarding selling or buying properties with marketable timber. In an area like Montana, this can contribute additional worthwhile value to a property. In order to promote your property as having marketable timber you will need to know some facts such as the type of timber, is it in demand and how much is on your land. Buyers wanting to invest in this venture will be...
Do you have a property listed for sale (whether it be land, commercial, recreational or residential) that is just sitting on your local Multiple Listing Service (MLS) or out on the world wide web? Well, quite often it is the listing price if you are not getting any inquiries at all. So where do you begin when re-evaluating your property listing? Here are three places to start when addressing your...
Recreational land purchases can not only be a fun property to own (i.e. get-away cabin in the woods for hunting!), but it can also be a wise long-term investment. There are two types of recreational land: personal use and public use. So, when thinking of investing in recreational land here are four reasons to consider: It keeps your money safe. It beautifies your community. It provides...
When you’re getting ready to list your home, it’s of the upmost importance to ensure you are showing it in the best light. Taking time to highlight its strengths and fix up some of its possible weaknesses can make a big difference in how fast it sells. Here are our top five recommended repairs to make: Repaint walls. Giving your home a fresh coat of paint is one of the most cost-effective ways to...
Frequently when purchasing a new home, or if you are a new home buyer, buyers do not pay attention to all the extra fees that are included in the purchasing process. The following is a list of common fees to be aware of: Loan Application – applies to many types of loans and is for the costs to process only the loan approval and is nonrefundable. Many folks shop for lenders since this fee can vary from...