Housing Wire

OCTOBER 5, 2023

These levels and their updates to 95% also apply equally to requirements for the standard, HomeReady and HomeStyle Renovation programs. Currently, the maximum allowable LTV on a purchase and limited cash-out refinance for a two-unit property is 85% for both fixed- and adjustable-rate mortgages, and 75% for a three- or four-unit property.

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Loans Fixed-rate mortgage Principal Renovation 476

AAOA

MARCH 4, 2025

COUNTERTOPS Preassembled laminate kitchen countertops can improve the appearance and durability of your unit’s kitchen while lowering the overall renovation time. Companies like Kitchen Cubes sell both the cabinets and the countertops, making the renovation process quick and painless. This can include sinks, fillers, and molding.

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Renovation Property Management Title As-is 94

Housing Wire

SEPTEMBER 9, 2024

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. Be My Neighbor will continue to operate under its brand led by co-founders Christopher Griffith, Isabel Williams and Nathan Knottingham.

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Brokerage Mortgages Technology Branding 438

Housing Wire

FEBRUARY 16, 2022

Examine previous transactions with a lender, such as funding renovations on investment property, to better understand the lender’s experience with diverse real estate projects. Escrow officers and title agents. If your state requires a lending license, make sure a the lender is licensed.

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Purchase and sale agreement Investor Hard money loan Lending 397

Housing Wire

JUNE 21, 2022

Selling a home typically involves nearly 10% in transaction fees between real estate agents , title companies, inspections, and other expenses. Investors are helping first-time home buyers across the country purchase renovated homes and other families get into high-quality rental homes. But, who are these investors?

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Investor FHA loan Inspection Renovation 435

Housing Wire

MARCH 28, 2022

Proprietary analytics and external data sources, backed by a microservice architecture that connects them all via APIs, can feed optimized recommendations and assessments for any part of the sale — valuation, tax, credit score, loan rating, insurance rating, title and closing costs. To de-risk transactions, tailored add-ons are important.

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Marketing Title Closing costs Technology 397

Housing Wire

APRIL 9, 2021

Using another new tool, called “Raveis Refresh,” WRRE prepares the home for sale by making any necessary upgrades and renovations to maximize the home’s value and ensure that it sells above market average and quickly. Its agents are tasked with marketing and selling the home, using their local expertise, Raveis said.

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Equity Brokerage Mortgages Title 435

Housing Wire

MAY 12, 2021

Block Renovations is a great example of a company using technology to make a multi-step process more efficient for contractors and more satisfying for customers. Early disruptors like Redfin have similarly started covering more bases by combining services for mortgages, titles, and buying homes online.

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Construction Technology Inspection Industrial 482

Housing Wire

OCTOBER 24, 2022

If anyone knows of anywhere that could be a good fit with my 20+years in maintenance/renovation leadership in multi-family, single family, or senior living, please pass my name along. Thanks in advance.”. It was purchased with USDC, a digital stablecoin pegged to the U.S. Owning the NFT means owning the home in Columbia, S.C.

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Investor Title Renovation As-is 413

Housing Wire

DECEMBER 1, 2020

Land Gorilla founder and CEO Sean Faries is relentless in his pursuit of technology innovations that drive efficiency while simultaneously reducing risk in construction and renovation lending.

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Land Lending Branding Construction 238

The Close

NOVEMBER 25, 2024

When looking into your finances, consider the following factors: Closing costs: These are generally 2% to 5% of the property’s sales price and include lender fees, title insurance, property insurance, and property taxes. The longer renovations take, the higher your carrying costs will be. Pro Tip: Overestimate your expenses.

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Purchase and sale agreement Property Management Hard money loan Investor 105

Housing Wire

FEBRUARY 1, 2024

The Brookings Institution summed it up well: “Today, downtown Detroit is nearly unrecognizable from previous decades, with new features such as the QLine streetcar system, a renovated Detroit Tigers ballpark, a riverwalk, and Campus Martius Park. Redlining, ” although illegal since 1968, still happens.

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Lending Equity Development Loans 434

Point2Homes

FEBRUARY 3, 2021

Having spent a lot more time at home than usual throughout 2020, it’s perhaps only natural that interest in home improvements and renovations rocketed. However you plan to renovate your home in 2021, you’ll need a way to pay for it. As a result, it’s a better choice for financing major renovations and repairs on your home.

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Renovation Finance Equity Closing costs 98

HomeLight

JANUARY 29, 2021

But rather than draining their savings, most homeowners opt to finance their home home improvement with credit or a home renovation loan. If you’re considering taking out a home renovation loan to spruce up a powder room or gut the kitchen, we’ve got you covered. An overview of home renovation loan options.

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Renovation Loans Equity Construction 98

Housing Wire

OCTOBER 20, 2023

You can post a photo of their smiling faces with either a “sold” sign, them holding keys to their new property, or signing the title paperwork. Post decorating and renovation tips Since customization is commonplace among homeowners, posting decorating or renovation tips may be helpful to your audience.

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Agents Lending Renovation Staging 431

Housing Wire

OCTOBER 17, 2023

Even the Consumer Financial Protection Bureau (CFPB) has weighed in, with a January 2023 blog post titled “For many struggling mortgage borrowers with home equity, selling their home could be an alternative to foreclosure.” “Our goal is to help you avoid a foreclosure sale while protecting your credit score and preserving your equity.”

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MLS Short sale Equity Banks 434

Realtor.com

SEPTEMBER 25, 2020

On the episode titled “Bad Energy BoHo,” El Moussa helps Amber and Carlos with a house in Playa del Rey, a neighborhood in Los Angeles. The renovation is going well, but they’re thrown a curveball as they hear news of COVID-19 cases popping up in Southern California. But then the coronavirus pandemic hit.

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Renovation Staging Closing costs Title 92

Realtor.com

MARCH 12, 2021

Laine , are looking for as they renovate homes on their hit HGTV show, “ Good Bones.” ” After several months of hard work and after spending $170,000 on renovations, the duo were able to claim victory over this once-decrepit dwelling. bathroom, 2,404-square-foot single-family home.

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Renovation Title Branding As-is 87

Real Trends

FEBRUARY 2, 2023

The report , titled “Modern Marketplace Report: 2022 Year in Review,” tracks the growth of these business strategies and their impact on real estate last year. Demand for listing concierge presale renovation companies also increased, with these companies growing their businesses by an average of 490% in 2022.

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Renovation Investor Title Equity 90

Real Trends

DECEMBER 12, 2024

Fueled by his background in architecture and finance, he began buying, renovating, and renting these properties, earning the trust of the community by investing in the very homes he was selling. East Nashville,” a title he’s as proud of as the hundreds of historic homes he’s helped preserve and reimagine.

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Renovation Agents Title Finance 52

Realtor.com

FEBRUARY 8, 2021

After just two weeks on the market, an offer was accepted for a Costa Mesa, CA, home renovated on HGTV’s “Christina on the Coast” The 2,067-square-foot residence was given a complete makeover on the popular show’s first season. It came on the market in mid-January for $1,195,000 and is now in contingent sale status.

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Renovation Design Title As-is 86

Housing Wire

JULY 8, 2022

The House subcommittee punctuated its survey results by holding a public hearing recently — on Tuesday, June 28 — titled “Where have all the houses gone? Among the positives highlighted by Progress Residential: Renovating 100% of homes at the time of acquisition or vacancy, with some $21 billion invested in U.S.

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Equity Residential Investor As-is 435

Realtor.com

JANUARY 25, 2022

HGTV / Realtor.com Another home renovated on “Property Brothers” has sold at lightning speed—and at a substantial profit. In 2014, it was featured on the popular HGTV show’s sixth season, in an episode titled “Edith and Fred.” Home in Conyers, GA, renovated on “Property Brothers” Realtor.com.

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Renovation Title Design As-is 66

Redfin

JANUARY 10, 2025

These costs can include both mandatory fees, like title insurance and transfer taxes, and negotiable fees, such as seller concessions, where the seller agrees to contribute toward the buyers costs. Other closing costs will vary by state but often include title insurance, transfer taxes, escrow fees, attorney fees, and seller concessions.

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Seller concession Equity Closing costs Renovation 59

Lighter Side of Real Estate

SEPTEMBER 11, 2020

Renovations are fast, easy, and cheap. In reality, renovations can be time-consuming, complicated, and—with some exceptions—fairly expensive. However, not all homes for sale are perfectly staged with pristine mid-century modern kitsch, and some are completely empty. Fresh Prince Room GIF from Freshprince GIFs.

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Purchase and sale agreement Title search Staging Renovation 145

HomeLight

JANUARY 9, 2025

These companies make selling your home a simple process, letting you sell your property as-is and skip the cost and headaches of renovation. Complete the closing process: The company handles most of the paperwork and works with a title company to prepare for closing.

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Purchase and sale agreement Title Renovation Closing 52

Toronto Realty Blog

NOVEMBER 14, 2024

But then what about renovations ? Consider an “artist’s rendering” of a renovation or improvement on a property. Now, what about “artist’s renderings” of a new development? Okay, sure, we all know what a painting is. Does that fit the definition of “virtual staging?”

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MLS Purchase and sale agreement Staging Agents 98

GeekEstate

OCTOBER 29, 2021

For instance, while Blend’s original product focused specifically on the mortgage point-of-sale, the company has since expanded to offer title services, home insurance and closings. As such, we’ve included the Blend logo in those areas. What’s getting us excited in residential real estate technology?

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Technology Marketing Purchase and sale agreement Equity 136

The Close

JANUARY 21, 2025

Real estate wholesaling is a cost-effective way to start investing if you have limited funds and want fast returns without dealing with costly renovations or tenants. Wholesalers act as intermediaries, facilitating transactions between sellers and buyers without owning or renovating the property.

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Investor Title Renovation Due diligence 96

Sotheby's International Real Estate

MAY 3, 2022

With its spectacular Beaux-Arts detailing—all carefully maintained throughout a meticulous recent renovation—this seven-floor residence merits the title of “mansion” and has earned its place among its eminent neighbors. Schwab and George and Ira Gershwin.

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Title Renovation 89

AAOA

APRIL 14, 2025

To get the best appraisal: Choose properties in good condition Highlight recent improvements or renovations Provide comps of similar buildings that have sold recently Remember,different loan types have varying down payment requirements. Also, factor in renovation costs and emergency funds when deciding on your down payment size.

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FHA loan Finance Loans Closing costs 64

HomeLight

NOVEMBER 9, 2021

Yes, you can expect charges for attorney hours, taxes, plus title and recording fees to still apply, though the use of cash can greatly reduce a buyer’s closing costs with the elimination of mortgage fees. title search fee of $200. owner’s title insurance of $566. lender’s title insurance. Seller closing costs.

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Closing costs Closing Title Title search 110

Toronto Realty Blog

OCTOBER 1, 2021

Correct me if I’m wrong, but I don’t recall seeing a sale posted on MLS for a legitimate, legal, renovated single-family dwelling and self-contained laneway suite that would be described. Beautifully renovated semi-detached, 4-bed, 4-bath with a 1-bed, 1-bath basement apartment with nice curb appeal too!

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Marketing Renovation MLS Title 126

HomeLight

NOVEMBER 10, 2021

Gather repair and renovation records. If you’ve lived in your home for a significant length of time, chances are you have the records or receipts for appliance repairs and upgrades, renovations big and small, as well as services to your HVAC and fireplace. Obtain a preliminary title report. Source: (Ricky Singh / Unsplash).

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Inspection Title Seller concession Renovation 122

The Close

NOVEMBER 25, 2024

Long-term investors: They purchase homes about to go into foreclosure, make the necessary repairs, stabilize the property, and then finish the renovations to make the property eligible for a long-term loan. These costs usually include transfer taxes, title insurance, lender fees, and property taxes.

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Hard money loan Investor Loans MLS 96

HomeLight

APRIL 30, 2024

These companies offer cash for homes as-is, eliminating the need for renovations and marketing. This typically occurs at a local title company, and you’ll receive your cash via check or wire transfer. Here’s a brief overview of the steps involved : Research companies: Find reputable cash-for-homes companies in Antioch.

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Closing costs Title Renovation Staging 110

Fancy Pants Homes

SEPTEMBER 13, 2022

Caselotti was awarded the title of Disney Legend in 1994 for her iconic role as the first Snow White in Snow White and the Seven Dwarfs , making her the first female voiceover artist to achieve this. Caselotti sold the home to Emmy-nominated TV screenwriter/producer Karey Dornetto back in May 2012 who has since carried out many renovations.

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Renovation Title Design As-is 111