Land Development
What Exactly Is “Land Development”? As discussed in previous posts, our industry seems to have terminology that can be interpreted...
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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 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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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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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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Site Improvements
How Much Are Demo Costs? When estimating the costs to improve a site – grading, utilities, streets – it is...
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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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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 Process
Who Schedules The Contractors? In the construction of a house, typically there can be 40 – 45 contractors or vendors...
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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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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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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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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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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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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 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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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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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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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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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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