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Planet Home Lending adds new regional sales manager

Housing Wire

Planet Home Lending hired Matt Kingsborough as regional sales manager, the Connecticut-based lender, servicer and asset manager announced Thursday. Kingsborough has more than 20 years of experience in mortgage lending and will be responsible for driving the company’s expansion plans in the western U.S.

Lending 338
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2021 Twin Cities Apartment Market Trends

Simonson Real Estate

Apartment New Construction. New construction costs are reportedly up about 10% on average, or $20,000/unit more compared to 1 or 2 years ago. New Construction sales have been in the $250,000-$300,000 range. We will need to see rent growth to continue to justify new construction looking ahead. Lenders want to lend.

Marketing 131
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HINTS OF SHARP INCREASE IN NEW CONSTRUCTION

Will Springer Realtor

Builders began construction on just under a million single-family homes in 2020. That’s the most since 2007. Just more than 4,000 homes went under contract last month across all home types in King, a 4.3% The post HINTS OF SHARP INCREASE IN NEW CONSTRUCTION appeared first on Will Springer. increase from July but down 8.9%

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Some mortgage companies expanding despite challenges

Housing Wire

Geneva Financial, founded in 2007 by Aaron VanTrojen, has more than 130 branch locations in 46 states, according to the firm. increase year over year for properties under contract, indicating that demand in the city remains strong,” said Elizabeth Anne Stribling-Kivlan, Compass’ senior managing director. during the same time.

Mortgage 382
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FHA: Cosmetic vs. MPR Repairs

Appraisal Today

In 2007, he started appraising conservation easements, which are specified areas of land earmarked for environmental conservation. Some appraisers feel that lenders should not provide them with the purchase and sale contract. Then that contract does not serve to color, cloud, or otherwise bias a value opinion. percent from 6.57

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How to Find Comps With Few Sales

Appraisal Today

acre lot, built in 2007 The chateau was listed in 2014 for $12.8 A local lender gave me an appraisal assignment on the proposed construction of 7 units in the city. Take Note of GSE Requirements To read more, Click Here My comment: If you do residential lending appraisals, read this article! Excerpts: 8 bedrooms, 7.5+

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Appraisers and Property Data Collectors

Appraisal Today

Myth #2: Data collectors are going to replace appraisers There’s a lot of buzz right now about PDC possibly replacing traditional property appraisal, but the intent of this service is to fill a gap in the lending process. Thorne, was best known for his use of steel in residential construction. percent, with points decreasing to 0.67