New Construction Home Builder Inventory
Speculative builders are subject to real estate excise tax on the selling price of the land along with all attachments including buildings, roads, and other structures. The sale of real estate is not subject to the B&O tax or retail sales tax. A speculative builder is the consumer of all material incorporated into the real [...]
When you build a spec home you are creating an asset that will be sold to another person. Spec homes are built in anticipation of a sale; therefore, a construction contract does not exist. You do not use the rules for home construction contracts, which are contracts to build a home with four or fewer [...]
This hilltop retreat rests on a premier 2.8 acre lot and is equestrian zoned in the guard gated Hunt Club Community. A timeless masterpiece of fine craftsmanship and superb quality. Enter through multiple archways to find a tranquil courtyard with designer fountain. State-of-the-art technology includes a Smart Home system, built-in speakers throughout, touch screen monitors, custom [...]
The weekly average rate borrowers were quoted on Zillow Mortgage Marketplace for 30-year fixed mortgages decreased last week to 5.26 percent, down from 5.40 percent the week prior, according to the Zillow Mortgage Rate Monitor, compiled by leading real estate Web site Zillow.com . Meanwhile, rates for 15-year fixed mortgages fell to 4.65 percent from [...]
Less than three months after new rules for home appraisers kicked in, the real estate industry is in uproar. Realtors, new home builders, mortgage brokers and the appraisal industry itself all agree the rules are causing problems. Some are backing a bill in Congress to kill them. The new guidelines bar mortgage brokers from ordering [...]
Have you read the headlines surrounding the demolition of 16 never lived in, new homes near Victorville, California? Patrick Thatcher, staff writer for the Daily Press first posted this VIDEO on Youtube. Guaranty Bank says knocking the homes down is cheaper than finishing them, making some wonder if it could happen here. The Texas-based bank has decided to have the [...]
The interest rates on these loans are often higher than on secured loans and you generally will not be able to get a tax deduction for the interest paid. However, the costs to obtain an unsecured loan are usually lower. And the relative ease of getting this type of loan makes it popular for small [...]
What a difference nine months make. In the not-long-ago credit-card binge days, one of the “in” things was to own a TV the size of a bus. Today, it’s to have six months of living expenses saved in case you get laid off. Until recently, buying was the social norm; ”having stuff, having name brand [...]
The days of doling out home loans to just anyone are over. With the nation facing a deepening financial crisis, mortgage banks have tightened their credit standards. Here’s how to get that new home loan: At Fresno-based Murphy Bank, Vice President Richard Laxton says the bank is looking for people with a credit score of 700 [...]
Suppose you’re behind on your house payments. You dial the phone number on your most recent mortgage statement, clear the usual hurdles, and finally reach someone who understands your situation and offers to help. You are one of the lucky homeowners who has a cooperative lender. Now what? What can you do to team up [...]