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Amazon announces housing affordability pilot program with National Housing Trust

Housing Wire

Retail giant Amazon announced on Wednesday the launch of a new pilot program designed to assist moderate-income families in three different U.S. million into the Nashville area to build and renovate 130 affordable homes, bringing its then-total investment into that community to roughly $100 million.

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Finance of America to acquire Parkside’s wholesale biz

Housing Wire

Parkside, founded in 2004 in San Francisco and led by CEO Matt Ostrander, also operates correspondent and retail channels. The acquisition of Parkside’s wholesale business comes roughly one month after Finance of America’s acquisition of Renovate America’s Benji business , an expansion into the home improvement lending space.

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Rhode Island historian uses a reverse mortgage as an estate planning tool

Housing Wire

The pandemic-era run-up in home prices and the property’s reappraisal made the burdens of the mortgage payments too high when deducted from the gift itself, Dooley explained to the outlet, despite the Conleys continuing to pay for taxes, utilities and renovations for the property.

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What AVMs can and can’t do in the appraisal process

Housing Wire

AVMs do not account for upgrades or renovations. Sometimes properties have increased in value due to recent upgrades or renovations. AVMs are mathematical models combined with data that are built and designed by human beings. This information is not known by AVMs, nor do they calculate possible value adjustments.

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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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Tools To Support Appraisal Adjustments

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on Geographic Data and Comps, effect of renovation on value, very low foreclosures now, current real estate market, unusual homes, mortgage origination stats, etc. = = $99.5M I’m always looking for something new = What Impact Do Renovations Have on Appraisal Value?

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5 Tips To Make A Small Closet Space Work for Your Fashion Collection

Raleigh Realty

Many other stylish hacks and design ideas inspire your fashion collection. There are plenty of retailers with niched storage tools, but maybe you want a different design style. Not every rack is designed for retail space or backstage at a fashion show. You don’t have to go crazy with renovations, either.

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