Housing Wire

DECEMBER 30, 2022

Krichmar, whose $100 million-plus origination volume in 2022 consisted of 77% purchase loans, expects LOs to be working longer hours to find referral partners, trying to close loans faster than the others and diversifying their mortgage product offerings to combat an industry that shrank by more than half this year.

Loans 435

Loans Renovation Construction Mortgages 435

Housing Wire

MARCH 7, 2024

Planet is pioneering the future of mortgage lending with novel products like Cash 4 Homes, 1st Year Flex, Purchase EDGE, one-time close construction loans, and bridge, renovation and manufactured home loans,” Long said.

Lending 458

Lending Renovation Loans Mortgages 458

Housing Wire

MAY 8, 2023

Once the transfer of ownership occurs at foreclosure auction, a distressed property can be renovated and returned to the retail market as affordable housing for homeowners or renters. “[I My renovated homes are] reducing the number of rental properties , which in our town has become a source of demise.” In 2019 the number was 200,000.

Renovation 435

Renovation Equity Mortgages Development 435

Housing Wire

MARCH 4, 2022

jobs report released Friday shows that 678,000 non-farm payroll jobs were added in February, and the return of skilled labor in residential construction is reason alone for optimism. gap in the level of employment compared to February 2020, and at this pace, the gap could be closed in three months.”. in January.

Residential 370

Residential Construction Renovation Industrial 370

Housing Wire

AUGUST 29, 2024

Additionally, urbanization is closely linked to the concept of “aging in place,” where more individuals choose to remain in urban areas as they age, necessitating housing solutions tailored to their specific needs. Our renovation includes features such as step-free entrances, wider doorways, and bathroom modifications.

Renovation 459

Renovation Development New Construction Land 459

Housing Wire

JANUARY 31, 2023

Scott Miller, a former mortgage loan originator at Sprout Mortgage , knew the clock was ticking when the non-qualified mortgage (non-QM) lender abruptly closed doors in July 2022. Reich’s division has a goal of closing $1 billion in loan origination volume this year at Go Mortgage.

Loans 418

Loans Mortgages Loan Officer Pre-approval 418

Housing Wire

DECEMBER 2, 2020

Construction is starting to pick up, so that should help alleviate things in the housing market. Four renovations to consider before selling your house. Depending on your state, you might even get to close on your new mortgage loan virtually too. For-sale inventory is at record lows. But existing homes? Those are another story.

Marketing 488

Marketing Renovation Construction Mortgages 488

Housing Wire

MARCH 22, 2023

The program provides direct loans to Native American veterans and veterans who are married to Native American non-veterans to help with the purchase, construction or renovation of a home on trust land. The new rate will apply to NADL loans closed on or after March 13, which will lock in the 2.5%

VA loan 418

VA loan Mortgages Land Loans 418

Housing Wire

JUNE 1, 2023

“In addition to agency and GSE home loans, Planet also has niche products tailored to today’s tight real estate markets, including self-funded One-Time Close (OTC) construction loans as well as manufactured housing and renovation mortgage loans,” Gross said in a statement.

Mortgages 418

Mortgages Lending Loan Officer Loans 418

Housing Wire

APRIL 20, 2022

Homepoint’s “New Build program” connects homebuilders with business purpose construction financing through in-region mortgage brokers, with loan amounts up to $4 million per unit or $25 million per project.

Loans 397

Loans Lending Construction Banks 397

Housing Wire

APRIL 27, 2023

The lawsuit claims further that the company “ignored permitting laws to avoid fees and increased taxes as well as to get renovated homes on the rental market as soon as possible.” Invitation Homes (IH) spent about $25,000 on renovations per home for its California SFR portfolio, pleadings in the lawsuit state.

Renovation 388

Renovation Residential Commercial As-is 388

Housing Wire

MAY 21, 2024

Data from Auction.com , which accounts for close to half of all foreclosure auctions nationwide, shows foreclosure auction volume in the first quarter of 2024 was at 49% of its Q1 2020 level — or 51% below its Q1 2020 level. That investor was willing to lose money on the deal just to keep his construction crew busy. “I in Q1 2023.

Marketing 476

Marketing Investor Renovation Land 476

Housing Wire

JUNE 30, 2022

Not only does Flagstar offer brokers direct access to seasoned sales, support and underwriting teams, it also provides a product set that includes specialty lending options like Advantage non-agency loan, jumbos, new construction, renovation products and HELOCs, and in the pipeline, loans to foreign nationals, seconds and investor property loans.

Lending 370

Lending Banks Technology New Construction 370

Housing Wire

FEBRUARY 15, 2023

The lender offers a range of products, including conventional, jumbo, FHA, VA, USDA loans and reverse mortgages as well as renovation and construction loans. billion, largely due to rising rates and the refi business drying up, the lender expects a 25% increase in origination volume in 2023 from the M&A deals it closed in 2022.

Lending 370

Lending Loan Officer Loans Mortgages 370

Housing Wire

MARCH 28, 2022

These companies are advancing the market and closing fragmentation gaps by using technology to digitize and simplify multiple aspects of the real estate value chain to create a better customer experience. iBuyers are property companies that do the buying and selling of a home digitally. alone is worth about $40T.

Marketing 397

Marketing Title Technology Closing costs 397

Housing Wire

OCTOBER 10, 2023

Sellers would be able to carefully review comparable properties on the market as well as those that have successfully closed. Focus on properties that closed with reasonable terms and within a reasonable number of days on market. Select active listings comps Choose active listings near to the subject property.

Marketing 435

Marketing Agents Closing Renovation 435

Housing Wire

MARCH 26, 2024

The inventory shortage — in addition to high financing costs tied to elevated interest rates and related inflation for construction expenses — led to a nearly 30% decline in home flips in 2023, according to real estate data firm Attom. billion that closed. In 2023, the landscape for home flipping across the U.S. billion hit the market.

Investor 482

Investor Marketing Construction Loans 482

Housing Wire

SEPTEMBER 22, 2022

During the past 18 months — when refis were low-hanging fruit — the LO closed around $3 million a month. This month, she is lucky to have $2 million in her pipeline thanks to closing deals on a construction loan, a condo and a vacant lot. Next month I’m expecting to close $400,000 and nothing lined up for November,” she said.

Mortgages 397

Mortgages Loan Officer Loans Equity 397

Realtor.com

NOVEMBER 17, 2022

Many homebuyers may find the added expense of new construction well worth it, due to the money they stand to save on renovations and repairs that might crop up in an older home. But homebuyers should also know that they can lower the costs of new construction right when they make the purchase through some smart negotiation tactics.

New Construction 126

New Construction Construction Development Renovation 126

Realtor.com

DECEMBER 6, 2022

Getty Images Renovating a home, no matter the time of year, can be equal parts exciting and overwhelming. However, renovating in the winter may come with its own set of additional issues. Exterior renovations are especially risky during the colder months since the ground at your construction site can be slippery and wet.

Renovation 102

Renovation Principal Construction Closing 102

Housing Wire

OCTOBER 17, 2023

The single-family rental (SFR) sector and its close cousin, the fix-and-flip market , are now essentially treading water in an environment of high interest rates , approaching 8%; high home prices; and a dearth of home-purchase inventory. It remained way below the 44.6% hit in the second quarter of 2021.”

Investor 447

Investor Finance Loans Renovation 447

Realtor.com

NOVEMBER 9, 2022

Getty Images While buying a newly built home may not be the first thought to come to mind for homebuyers, purchasing new construction is a common option that comes with distinct benefits in today’s market. New construction can refer to single-family homes, condos , or apartments, and are available across the U.S.

New Construction 123

New Construction Construction Loans Design 123

Housing Wire

FEBRUARY 8, 2024

They’ll want to know you have what it takes to close the type of deal they are looking for, and that you can help them reach their financial goals. With extensive experience in new construction home sales, Janet is certified in luxury home sales and specializes in relocation and new construction builder sales.

Agents 435

Agents Construction Design Branding 435

Realtor.com

JANUARY 11, 2023

Getty Images Many first-time homebuyers might presume they’re better off going used rather than new—in other words, purchasing a pre-existing property rather than pricey new construction. Unless you want to be waiting a long time to buy your first home, you should consider new-construction homes. Getty Images. Getty Images.

New Construction 110

New Construction Construction VA loan Finance 110

Realty Biz

AUGUST 3, 2023

In recent years, virtual renovation has emerged as a groundbreaking tool that allows homeowners, designers, and contractors to visualize and plan home renovation projects in a virtual space. It combines the benefits of cutting-edge technology with practical application in home remodeling and construction.

Renovation 79

Renovation Pre-approval Investor Construction 79

HomeLight

SEPTEMBER 30, 2022

A new construction home — yours from the ground up, with no prior owners — sparkles with possibility. Here, we’ve enlisted the expert advice of top agents, industry insiders, and recent homebuyers to address key questions to ask when buying a new construction home. Should I hire an agent for new construction? Michele Friedler.

Construction 111

Construction Purchase and sale agreement New Construction Inspection 111

Realtor.com

OCTOBER 9, 2020

realtor.com, Chris Graythen/Getty Images Tampa Bay Buccaneers quarterback Tom Brady is in the process of closing on a mansion in the Tampa area, TMZ reported. Fully renovated in 2015, the ultramodern abode is set right on the water. Materials used in the construction include glass, stone, quartz, and wood. .”

Closing 117

Closing Renovation Construction Sales 117

Toronto Realty Blog

MAY 16, 2022

The policy will be closely monitored and reviewed after one year to allow for adjustments that may be required including changes to the phase-in and/or set aside rate, alterations to the minimum development size threshold and any other changes needed to ensure market stability and production of affordable housing units. . By: Bob Aaron.

Construction 106

Construction Purchase and sale agreement Pre-approval Development 106

Toronto Realty Blog

MAY 31, 2021

How did you handle the closing? When it comes to the closing of a house or condo, every seller is different. How a seller handles a closing depends, in part, on how they are contracted to do so. It was, simply put, the most ridiculous request I had ever received upon closing from another agent.

Closing 112

Closing Purchase and sale agreement Inspection Agents 112

Real Trends

MARCH 7, 2023

Presale home renovation company Revive Real Estate partnered with independent real estate franchise NextHome to provide move-in ready homes to clients of more than 5,500 NextHome agents in 610 offices across 48 states, the companies announced on Tuesday. The company claims that listed renovated homes sell faster than those that are not.

Renovation 85

Renovation Brokerage Sales Construction 85

Housing Wire

JANUARY 6, 2023

Chris Gallo: We’re a local lender that’s been around for over 30 years helping people buy, helping people refinance with construction loans, whatever it may be. Some LOs have or plan on getting licenses in multiple states to close more sales. Is this something you’re considering?

Loan Officer 435

Loan Officer Loans Equity Mortgages 435

RIS Media

AUGUST 27, 2020

While not every home needs a major renovation prior to listing, agents who want to build a pipeline that will withstand market ebbs and flows are leveraging the same strategy: helping sellers maximize profit with pre-sale renovations. Sellers Need to Stay Ahead of New Construction. The post The No.

Agents 111

Agents New Construction Renovation Marketing 111

HomeLight

SEPTEMBER 1, 2022

Unpermitted additions include any form of remodel or renovation on a home where the owners did not obtain the proper permits from the city’s building department, even though a permit was required to begin work. The topic of unpermitted construction plays a pretty heavy role here in Florida, due to our wind-code requirements,” Powell says.

Renovation 111

Renovation Inspection Inspection contingency Construction 111

The Close

APRIL 3, 2025

When you need to finance a house flip, you need a loan that offers a repayment term that fits your project timeline, can close quickly, and, of course, doesnt have unrealistic eligibility requirements. This also allows it to close in as little as seven days.

Loans 40

Loans Hard money loan Investor Finance 40

AAOA

JANUARY 27, 2025

When buying a rental property, there are local price trends, zoning rules and vacancy rates to consider in addition to financing and renovation costs. Make an offer and close Your real estate agent will submit your offer and negotiate with the seller or their agent.

Property Management 80

Property Management Due diligence Finance VA loan 80

Lighter Side of Real Estate

MARCH 25, 2021

Take a look and keep these mistakes in mind if you’re planning a kitchen renovation soon! One benefit, if you’ve got a sink full of dirty dishes and don’t want to see them, you can simply close the closet door and pretend they don’t exist. A post shared by RBC Construction, Inc. So close and yet so far! Hide-away kitchen.

Design 145

Design Renovation Construction Closing 145

HomeLight

MARCH 31, 2022

“Our best customers, this is something they’ve been thinking about for a long time,” says Chad Hackmann, partner at Alair Homes Arlington , which provides custom-built homes and renovations in the Arlington, Virginia, area. It’s important to pay close attention to those ancillary costs. Get Started. Getting your team together.

Construction 144

Construction New Construction Land Finance 144