Housing Wire

DECEMBER 9, 2024

And more than one-third of respondents (36%) said they cannot afford to make accessibility renovations on their home to better support their preferences. The two key priorities for most respondents when determining where to age in place are the accessibility of health care services (59%), followed closely by housing costs (54%).

Renovation 370

Renovation Closing As-is Marketing 370

Housing Wire

MARCH 18, 2022

I closed 28 H4P transactions last year, over 1% of the national total. Over the years I ended up teaching classes on renovation loans, mortgage insurance, mortgage mechanics, etc.,” The post Reverse mortgage originator: real estate CE helps close more purchase loans appeared first on HousingWire.

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Loans Closing Mortgages Equity 524

Housing Wire

OCTOBER 24, 2024

Although completed foreclosure auctions have plateaued in 2024 at less than half of pre-pandemic levels, the number of delinquent mortgages is close to pre-pandemic levels, according to an Auction.com analysis of public record data from ATTOM Data Solutions and survey data from the Mortgage Bankers Association (MBA). There is a lot of fear.”

Bankruptcy 448

Bankruptcy Equity Hard money loan Finance 448

Housing Wire

FEBRUARY 8, 2022

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

Renovation 370

Renovation Development Banks Sales 370

Housing Wire

OCTOBER 31, 2024

It “empowers financially secure homeowners to tap into their home equity for meaningful pursuits — be it renovating their living space, funding a child’s education or buying a second home,” she said.

Mortgages 434

Mortgages Equity Loan Officer Loans 434

Housing Wire

JANUARY 27, 2025

For homeowners , stay top-of-mind by providing ongoing valuelike market insights or renovation adviceso they return when its time to sell. Consider platforms that centralize operations from lead generation to closing. To do so, develop strategies and programs that cater to buyers and sellers at every stage.

Technology 397

Technology Renovation Agents Industrial 397

Housing Wire

APRIL 2, 2021

Two weeks ago, the firm launched a home improvement vertical with the $45 million acquisition of Renovate America ‘s Benji business line. The post Finance of America to go public before IPO window closes appeared first on HousingWire.

Finance 402

Finance Closing Investor Mortgages 402

Housing Wire

FEBRUARY 27, 2025

A well-written property description also allows you to highlight aspects of the home that would not otherwise be readily available via MLS, such as a newly renovated kitchen or a brand-new septic system. Its your chance to emotionally connect with the buyers and create the desire for them to come see the home in person.

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Renovation Agents MLS Equity 387

Housing Wire

JANUARY 30, 2025

To close the conversation, Davis explores Deephaven’s focus on home equity and new construction products in 2025. So, people are gonna have to tap into their equity for renovations, debt consolidation and better cash flow. Davis: So, it’s understanding all those trends, right? That’s where the growth is at.

New Construction 338

New Construction Construction Marketing Equity 338

Housing Wire

FEBRUARY 6, 2025

Beyond that, Deephaven allows up to 3% seller concessions at closing. Equity solutions Home renovations and debt consolidation are two avenues toward financial prosperity for borrowers. Deephavens Equity Advantage Closed End Second is a second mortgage designed for one purpose assisting borrowers in borrowing their equity.

Loans 343

Loans Mortgages Equity Construction 343

Fancy Pants Homes

NOVEMBER 7, 2024

A two-story home in Hollywood Hills East, close to ritzy Los Feliz, recently landed on the market following a stellar renovation that upgraded its timeless architectural style for modern-day living. million renovation using Tim Campbell Studios for the architectural design.”

Renovation 98

Renovation Design Land Closing 98

Housing Wire

JUNE 9, 2022

Renovation financing startup RenoFi now offers a fixed-rate home renovation loan, which allows homeowners to borrow as much as 90% of their home’s after-renovation value — a move to target homeowners who don’t qualify for a home equity line of credit (HELOCs).

FHA loan 370

FHA loan Renovation Equity Loans 370

Housing Wire

MARCH 7, 2024

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. It is also wary of some of the proposals.

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Construction Closing costs Renovation Title 535

Housing Wire

NOVEMBER 14, 2023

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.

Renovation 514

Renovation Technology Design Agents 514

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.”

Renovation 435

Renovation Equity Mortgages Development 435

Inman

SEPTEMBER 23, 2024

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.

Renovation 177

Renovation Marketing Design Sales 177

Housing Wire

AUGUST 27, 2021

Almost 60% will repair or replace their air conditioner, almost 46% will prioritize their dishwasher and about 40% will take a close look at their water heater. Renovations Can Be Beneficial. Renovations might make you feel better about putting your home on the market one day. Examine Return On Investment . Sliding Replacement.

Renovation 459

Renovation Equity Loans Closing 459

Housing Wire

JULY 29, 2024

The data includes total originations of open-ended home equity lines of credit (HELOCs) and closed-end home equity loans. Marina Walsh, MBA’s vice president of industry analytics, explained that the low-level increase was due to a slowdown between application and closing. billion per company in 2023, compared with $2.1 billion in 2022.

Equity 448

Equity Lending Loans Renovation 448

Housing Wire

JUNE 10, 2021

Home improvements and renovations are also important to buyers. A concession is when the seller agrees to pay part of a buyer’s closing costs. Sellers also have to pay closing costs. After all, curb appeal is just as attractive to potential buyers as the indoor layout. Bottom Line. The post Selling your home?

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Seller concession Staging Closing costs Inspection 546

Housing Wire

MAY 14, 2021

And while price matters, it’s easier to renovate a home than pick up and move it to another city. For example, how close is the home to your children’s school? After all, the older the home the more you might have to pay in renovations or general upkeep. Make sure you’re considering the home’s location prior to making an offer.

Renovation 508

Renovation As-is Closing Marketing 508

Housing Wire

FEBRUARY 3, 2023

HELOCs have continued to set the stage as flexible, helpful products that provide quick access to financing for a multitude of uses including home renovations, debt consolidations or emergency purchases. Additionally, 65% of the total respondents are currently planning or have plans to renovate their homes within the next two years.

Renovation 397

Renovation Fixed-rate mortgage Equity Finance 397

Housing Wire

DECEMBER 21, 2023

Benefits can include: No down payment Competitive interest rates No private mortgage insurance (PMI) Limited or no closing costs Funding fee waived for service-connected disabled veterans More favorable credit criteria Loan types There are a number of VA loan options to meet the needs of today’s veteran buyers, including purchase and refinance.

VA loan 468

VA loan Loans Mortgages Lending 468

Housing Wire

MARCH 14, 2024

The transaction is expected to close in May. “We Change Lending’s services include small-business loans and lines of credit, investor real estate loans, rehab loans and renovation loans, according to its website. Change’s membership will become effective upon its acquisition of the required $7 million capital stock in the FHLB-SF.

Lending 448

Lending Banks Loans Renovation 448

Housing Wire

MAY 30, 2024

Redfin noted that “sale prices are a lagging indicator because they’re typically negotiated at least a month before a deal closes.“ Even as the monthly cost of owning a home is going down, purchase mortgage applications are still close to a six-month low point. Sale prices reached another record high, rising 4.3%

Mortgages 497

Mortgages Renovation Sales Brokerage 497

Housing Wire

JULY 27, 2022

Charleston, South Carolina-based real estate tech firm PunchListUSA , which calls itself the first platform digitizing national home inspection data , closed on a $39 million Series A funding round this week. . PunchListUSA has now raised more than $49 million in equity capital since its inception in 2018. .

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Inspection Renovation Equity Investor 397

Housing Wire

SEPTEMBER 9, 2024

million in cash paid on the closing date, $1.5 The Texas-based lender is licensed in 26 states and provides 15-year and 30-year fixed mortgages, including government loans, 203 (k) renovation loans and reverse mortgages. Publicly traded real estate software firm reAlpha Tech Corp. This consists of $1.5

Brokerage 458

Brokerage Mortgages Technology Branding 458

Housing Wire

OCTOBER 18, 2021

Zillow will keep trying to sell existing home inventory, plus renovate and try to resell homes it has purchased under contract, according to a company press release. We have not been exempted from these market and capacity issues and we now have an operational backlog for renovations and closings.

Renovation 397

Renovation Construction Brokerage Agents 397

Housing Wire

MARCH 11, 2025

Homeownership requires upfront costs, including a down payment and closing fees, while renting typically requires only a security deposit. Homeownership allows modifications, renovations and customization that renting often does not. With mortgage rates hovering near 7% and median home prices above $400,000, buying is costly.

Equity 186

Equity Finance Renovation Mortgages 186

Housing Wire

OCTOBER 28, 2021

Top markets for affordable renovated housing inventory. Despite the rapidly deteriorating affordability, there is some hope for homebuyers in the form of renovated homes: properties that have been rehabbed into move-in ready condition after being purchased at foreclosure auction or bank-owned (REO) auction. in 2022.

Sales 448

Sales Renovation Banks Marketing 448

Housing Wire

OCTOBER 15, 2024

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.

New Construction 488

New Construction Construction Agents Marketing 488

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.

Development 459

Development Renovation New Construction Land 459

Housing Wire

FEBRUARY 21, 2023

Those most proactive lenders saw the sales rate at foreclosure auction rise well above 50% by the end of the year while the sales rate for all lenders continued to fall, albeit at a slower pace, bottoming out at close to 45% in December. That was 14 percentage points higher than the 58% homeownership rate for retail REO sales.

Marketing 397

Marketing Renovation Sales Investor 397

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 459

Lending Renovation Loans Mortgages 459

Housing Wire

AUGUST 10, 2022

The SEC alleges that Angel Oak raised $90 million through a March 2018 securitization of “loans made to borrowers for the purpose of purchasing, renovating and selling residential properties” — also known as fix-and-flip loans, which were originated by an Angel Oak-affiliated entity. securities regulations.

Investor 397

Investor Renovation Loans Principal 397

Housing Wire

MARCH 22, 2021

The Insurance Commissioner for the state of Washington apparently concluded that Modus offered real estate agents and their clients a “thing of value,” such as free home warranties, other closing-related services, in exchange for switching their escrow and title services to Modus.

Title 459

Title Staging Brokerage Renovation 459

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

NOVEMBER 5, 2021

The sales closed in the third quarter have averaged 101.1% Where Redfin has been struggling with its iBuying operation – as was also the case with Zillow – is with renovations. We’re expanding our renovations capacity quickly, and already pricing higher renovation costs into our offers,” Kelman said. million.

Renovation 395

Renovation Brokerage Agents Mortgages 395