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Boynton Beach oceanfront townhome project obtains $16.5 million loan – says it closed a $3.5 million acquisition loan last month for a palm beach property that is earmarked for redevelopment into a new luxury spec home. In April, it advanced a $17 million construction.
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How to Negotiate on a Spec Home – It’s just gonna go in the loan and it’ll be part of your payment. So 2 real places to negotiate on the price of a spec home is gonna be through getting closing costs covered by the seller or getting.
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The Real Deal Miami – A Brazilian pharmaceutical executive is the buyer of a spec home on Hibiscus. paid $13.6 million for the waterfront home at 151 North Hibiscus Drive in Miami Beach. Depieri financed the deal with a.
Construction Loans for Spec Homes – BiggerPockets – With regard to construction loans, I know BBVA Compass has some great programs, Everbank too. Trustline Mortgage is a broker of mortgage products, they may have construction loans available, but most investors I know have been using private or hard money of late.
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Bad credit? No problem for some Idaho home builders, flippers – Angelos received a loan from Veristone Capital. This is a good time to be in the spec game, de Vera says. Home inventory remains low and demand high. The average number of days-on-market fell by.
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