Learn how the latest economic trends are impacting the new home market and the new mortgage market. As mortgage rates sit at 7% and many buyers are sidelined, how can loan officers stay competitive in this tough landscape? Tune in below to hear from Nicollette Chapman and Ali Wolf for the latest data to help you make the best strategic decisions.
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Lorman
Building affordable housing is not particularly affordable. Costs of construction usually far exceed the revenues generated by rents. Without utilizing highly complex financing tools, often from multiple sources, for developing, preserving, and operating affordable apartments, building affordable housing is often impossible. This topic will help you understand how to effectively utilize available financing tools to develop quality housing for low-income residents. The material also explains the myriad of financing tools available for affordable housing and the complex application procedures for these funding sources. This information is essential for anyone involved in the development or operation of affordable housing and will enhance one's understanding of affordable housing financing tools and the benefits and challenges of each.
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Multi-Housing News
As they search online for multifamily housing options, prospective residents will first be exposed to your brand through your business listings and reviews of your properties. With an understanding that first impressions can make or break a business, property managers are increasingly utilizing online reputation management strategies to ensure their listings are easy to find and their reviews truly reflect their brand.
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Lorman
Time is one of the critical components to completing a successful construction project. Critical Path Method (CPM) scheduling has long been a key process in managing time on a project. A byproduct of the CPM scheduling process is float, an often debated topic, particularly who has the right to use or control the float - who owns the float. The focus of this material will be on float ownership. A brief overview of CPM scheduling will be provided, including a more detailed explanation of what float is and how it is calculated. Various possibilities for the ownership of float will be presented and discussed. Actual contract provisions relating to float ownership will be presented and reviewed. The opinions of the courts from several cases involving the question of float will be provided and discussed. In conclusion, you will have a better understanding of what float is and its place in CPM scheduling.
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