Just remember, you do not have to close until you are satisfied (unless your requests are irrational). I do strongly recommend ALL items on your puchlist be remedied prior to closing or you will have trouble getting them back to do small items. Builders are crazy busy, their workers are very busy and often don't show up and you probably work 9-5 so it would be hard for them to get in for leftover unfinished projects anyways.So often the buyer pushes the builder and lender so hard to close, the close on an unfinished house which in not a good idea for anyone. Also, keep in mind, builders are usually much savvier on codes and safety than private home inspectors but the more help you have to make you feel comfortable, the better.
All purchase agreement and settlement documents for privately, foreclosed and bank owned homes say "as-is" in numerous places. That is why buyers have an inspection or ask for a home warranty..or learn how to use a screw driver;)
I have been selling new construction for many builders for 10 years. Just as in any profession, there are a few bad builders but for the most part they are very qualified and knowledgeable in their trade. You should have researched the builder prior to the transaction but if you have a non refundable deposit and still want to proceed address the concerns you have with the builder. How far a long is the house? Request a walk-through with the builder and bring a private home inspector to your prior to close walk thru.Most builders get bad reviews because the buyers that purchase their homes are lazy and think the house will be "maintenance free". They don't want to hang shower curtain rods or change light bulbs. They do not understand that even 3 coats of top of the line Sherwin Williams paint will sink into primed drywall after 1-3 years and they will have to repaint. Or that the grade will settle (like in all houses) and they have to build it back up around foundation in 6-12 mos. They also think anytime a cabinet door is crooked the builder should come running with a team of carpenters to straighten it...perhaps they should learn to use a screw driver. Don't let lazy people's complaints frighten you, research the claims so you feel comfortable.City codes are very tight and it is hard for builders to pass off poor quality work.. unless it is cheap finishes which then you can upgrade at a later time.Good luck with your research and keep an open mind :)
In Roseville? Are you trying to develop commercial or a public school site?
Any bank owned home can be financed as long as it is in descent condition. The mechanicals need to be intact. The buyer will usually have to have the utilities and water turned on prior to inspection and appraisal themselves. Some banks will pay for the de-winterization and re-winterization before and after inspection/appraisal, some will add a fee on to your closing costs for this service. Keep in mind, it is difficult to find a bank that will write a mortgage for under 40k.
Are you looking to sell the house and purchase a new one? Refinance?Here are some helpful tips to raise your credit score.1. Payoff any collection accounts, past due accounts, etc.2. Pay down any loans to at least 50% of the original balance and no late payments for 12 mos.3. Keep your credit card balances under 50% of the available credit. only charge what you can afford to payoff each month.4. If you do not have credit cards, get a secured cardAll of those will raise your credit score each month
If you are using a management company to rent out your property, they are usually licensed Realtors or at least have 1 in the office that would know the going rental income for your type of property. To purchase income property you would definitely want to hire an agent.
After viewing a few homes in your target areas, with the help of a Realtor, you will know if a house is over-priced or not. It is very hard to figure dollar per sft without seeing what is currently available and selling.