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Jeffrey Deuitch
Real Estate Mindset
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Comments by "Jeffrey Deuitch" (@jeffreydeuitch2146) on "Home Builders DESTROYED With CANCELLED Contracts! (PRICE CUTS COMING!!)" video.
Actually, taxes per completed are generally estimated. Also, move in ready or resales of newly built house typically, atleast in our area, carry a premium to new construction contract, presumably because of the 8 months to 1 year delay. Cant speak for other areas. Certainly not seeing any depreciation on the new houses upon title transfer. Have seen many flipped construction contract flips for large gains. I am professionally engaged in services almost 100% in new construction. Again, only can speak for my area. Yes, specs are not the normal but they usually build a few but generally close prior to completion.
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