What Improvement Description do you choose for new constructions?

[spittman]

"Not Updated" or "Updated" and why?

 

[J Grant]

Not updated since it has not been updated - though new and often upgraded .

 

[sputnam]

Not updated. It's not built yet.. or has just been built... and no updates have occurred. The instructions are in the UAD format documents.

 

[Terrel L. Shields]

Once again the form proves inadequate for describing the property accurately. Duh.

 

[Tim The Enchanter]

No need to update something brand new.

Well, software I guess.

 

[Ariba]

Once again the form proves inadequate for describing the property accurately. Duh.

Does C1 not describe new construction accurately?

 

[Mike Kennedy]

C1

The improvements have been very recently constructed and have not previously been occupied. The entire structure and all components are new and the dwelling features no physical depreciation. Note: Newly constructed improvements that feature recycled materials and/or components can be considered new dwellings provided that the dwelling is placed on a 100 percent new foundation and the recycled materials and the recycled components have been rehabilitated/re-manufactured into like-new condition. Improvements that have not been previously occupied are not considered “new” if they have any significant physical depreciation (that is, newly constructed dwellings that have been vacant for an extended period of time without adequate maintenance or upkeep).

 

[glenn walker]

Maybe the winner of the 2021 most stupid questions--Nope I give that award to Fernando and Zoe : ) LMAO

 

[Terrel L. Shields]

Does C1 not describe new construction accurately?

If it is truly done...what if there are appliances because they are on back-order? What if the gas isn't hooked up yet? What if (like a friend of mine recently) installed a new wood floor and the boards attempted to curl up. So they came in with a device to grind the wood down level again and refinished it....but is it going to keep curling up?

What if you poured a stained colored concrete floor and it cracked and is not possible to "fix" without major surgery but the repair is obvious as it is slightly off color? Can you say that the house which has never been occupied is "C2" due to a cosmetic defect like that?

 

[Dublin ohio]

.what if there are appliances because they are on back-order

What if the buyer is supplying the appliances

What if you poured a stained colored concrete floor and it cracked and is not possible to "fix" without major surgery but the repair is obvious as it is slightly off color?

Most new homes in my area come with a builder warranty. If it was before the builder sold the house. Do you not think they would repair it first.

Point being. There is always the "one off" situation. Generally speaking. New construction is C1-not updated.

What if (like a friend of mine recently) installed a new wood floor and the boards attempted to curl up. So they came in with a device to grind the wood down level again and refinished it.

Then I would say you friend got taken.