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loanDepot plans to launch ‘digital’ HELOC in Q3

Housing Wire

She added that funds from the new HELOC product can be used by customers for a variety of purposes, such as consolidating their debt to achieve lower monthly payments, including credit card debt; or to renovate their homes to improve their quality of life. The new unit focuses on developing mortgage-adjacent lending products and services.

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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. Combined with thousands of other local community developers like her, McCormick’s efforts are moving the needle when it comes to quality, affordable housing for owner-occupants nationwide.

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What It Takes to Be An Expert Appraisal Witness in An Eminent Domain Case

Cleveland Appraisal Blog

But once these qualities are developed, many appraisers find eminent domain work to be interesting, challenging but worthwhile, and financially rewarding. Becoming an expert appraisal witness in an eminent domain case starts with developing a comprehensive understanding of how value is determined in this special proceeding.

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How to Get the Most ROI From Property Investment Software

Listing Spark

Margins are tightening for businesses all throughout the real estate industry, and property investors are also squeezed by rising property, renovation, and service costs. While the gross profit for flips has incrementally increased by $2,900 since 2017 , that represents an ROI that’s fallen by more than half of its 2017 ROI of 51.4%.

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Affordable housing inventory is limited due to foreclosure prevention efforts

Housing Wire

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.”

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Houston Lofts For Sale

Houston Properties

Energized and bustling, Downtown Houston has a diverse mix of business, residential development, and entertainment complexes. The heart of Houston has it all From a new baseball stadium to renovated theaters. – 2017: #1 Individual Agent, Keller Williams, Texas. – 2017: #1 Individual Agent, Keller Williams, Houston.

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Royden Oaks Houston Neighborhood Maps

Houston Properties

Similar to Houston’s most affluent neighborhoods, developers renovated many of Royden Oaks homes and replaced them with newer and larger properties. – 2017: #1 Individual Agent, Keller Williams, Texas. – 2017: #1 Individual Agent, Keller Williams, Houston. – 2017: Texas’ Most Influential Realtors.