Financial

Loan Documents

Promissory Note vs Deed of Trust vs Mortgage? When you hear about real estate loans, you can tend to hear...
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Title

Title Exceptions

What Are Plotted Easements? One purpose of a preliminary title report and an eventual title policy is to document the...
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Entitlements

Project Approvals

Why A Specific Plan? In a previous post, we mentioned that a project approval may be for a “specific plan”,...
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Entitlements

Entitlement Process

What Gets Approved? In the entitlement process, a developer is essentially asking the local jurisdiction to approve a project. For...
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Construction

Site Improvements

How Much Are Demo Costs? When estimating the costs to improve a site – grading, utilities, streets – it is...
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Land Acquisition

Purchase & Sale Agreements

Timing To Negotiate PSA? A common process in a land transaction is for the seller and buyer to first agree...
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Title

Property Ownership

What Is Condominium Ownership? Most people tend to think of “condominiums” as a type of attached housing, usually in the...
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Construction

Construction Process

Who Schedules The Contractors? In the construction of a house, typically there can be 40 – 45 contractors or vendors...
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Financial

Builder Pro Formas

What Is Overhead In A Pro Forma? In a typical homebuilder pro forma, the actual costs of a project are...
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Entitlements

Project Approvals

Planning Commission vs City Council? As we have talked about in previous posts, the entitlements or discretionary project approvals are...
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Entitlements

Affordable Housing

What Is RHNA? In a previous post, we talked about affordable housing programs, income levels, and how affordable home pricing...
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Land Development

Site Planning

Why Secondary And Emergency Vehicle Access? At the beginning of the site planning process, a competent land planner will be...
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Financial

Cost Categories

What Are House Area Costs? In a previous post, we discussed the site improvement costs that would include grading, underground...
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Entitlements

Entitlement Approvals

How Do Entitlements Add Value? You may have heard that the entitlements, or government approvals, for a project adds value...
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Land Acquisition

Land Acquisition Roles

Sources of Land Opportunities? As a land acquisition manager, one of the primary roles is to source and find new...
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Construction

Grading Strategies

What If Site Is Low? In managing a grading design, there will be cases where the site is too low...
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Financial

Construction Costs

Directs Per Square Foot? Whether putting together a pro forma for a proposed project or evaluating actual costs, it is...
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Land Acquisition

Letter of Intent

Negotiating Due Diligence Periods? A key element within an offer is the length of time a buyer is requesting to...
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Construction

Utility Connections

Utility Laterals In Existing Streets? In a typical suburban housing tract, a new water or sewer main will be installed...
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Entitlements

Entitlement Process

Who Is The Applicant? When submitting a project to the local jurisdiction for entitlements, an application form will typically need...
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