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Reverse mortgage originator: real estate CE helps close more purchase loans

Housing Wire

Mangus then worked to build the dedicated reverse mortgage department at his new company from scratch and has found a notable degree of success by building Home Equity Conversion Mortgage (HECM) for Purchase (H4P) business through the use of continuing education (CE) classes designed for licensed real estate agents. Curtis Mangus.

Loans 523
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To Renovate or Not To Renovate Before You Sell

Keeping Current Matters

However, with so many buyers competing for available homes right now, renovations may not be as vital as they would be in a more normal market. Spending costly time and money on renovations before you sell might just mean you’ll miss your key window of opportunity. Millennials closely follow Gen Z, taking on an average of 3.3

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Could renovated foreclosure resales help solve the nation’s increasingly complex affordable housing puzzle?

Housing Wire

In 2021, McCormick resold two renovated properties that she originally purchased at foreclosure sale on Auction.com in her hometown of Dayton, Ohio. Most of the renovated foreclosure resales came from local community developers like McCormick who sell a handful of renovated foreclosures a year in communities they care about. “I

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14 real estate trends Gen Z buyers are looking for

Housing Wire

Gen Z likes to stay close to home With the continued trend of remote work and little desire for a long commute, Gen Z buyers are moving to homes in walkable communities with nearby amenities. Gen Z wants a separate space for business One thing Gen Z likes to keep behind closed doors is their work.

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Biden to call for first-time homebuyer tax credit, construction of 2 million homes

Housing Wire

In the address, the president will call for a $10,000 tax credit for both first-time homebuyers and people who sell their starter homes; the construction and renovation of more than 2 million additional homes; and cost reductions for renters. The White House estimates that this “will raise an additional $3.79

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New construction vs. resale homes: How agents can guide buyers in today’s market

Housing Wire

Resale homes are typically ready for immediate occupancy, and a new owner can move in once the paperwork is complete and the mortgage has closed, sometimes as quickly as two to six weeks after the contracts have been signed. Renovating to modernize can add to the long-term cost of a resale home.

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Revive releases Marketing Center product for pre-renovation pitches

Inman

The "Marketing Center" is designed to explain the appeal of pre-renovations to consumers using campaigns that include print and digital messaging as well as case studies from closed sales.