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Finance of America now offers renovation loans

Housing Wire

announced today the launch of Finance of America Home Improvement , a new business division offering non-mortgage financing options, including renovation loans. Per a study from Harvard University’s Joint Center for Housing Studies, renovation financing is expected to increase 3.3% billion in renovation loans — compared to $51.6

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Busting VA mortgage loan myths

Housing Wire

The great news is that the program has undergone significant improvements, particularly after the Blue Water Navy Vietnam Veterans Act was signed into law in 2019. My favorite, and one of the most valuable and underutilized products in today’s low-inventory market , is the VA renovation loan. Who is eligible?

Mortgage 429
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How LOs are dealing with a mortgage rate lockdown

Housing Wire

LOs interviewed by HousingWire said that most of their past clients don’t have a reason to sell their houses and that prospective buyers are waiting on the sidelines unless life happens — job relocations, marriage, divorce, pregnancy and death. “The million, below the 2019 range of 1.52 million to 1.93

Mortgage 378
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Download these 9 real estate prospecting letter templates that actually work

Housing Wire

I can also provide expert advice about renovations and the potential return on investment — where to get the biggest bang for your buck — or simply answer any questions you have about the market. Check out Wise Pelican Typically, you’d mail the just sold letter to homeowners who live around a property you just helped your client to sell.

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Lamacchia Realty Unveils New Website

Lamacchia Realty

Lamacchia prides itself on its services, such as the Offer Now Profit Share Program for sellers and the widely successful Lamacchia Links tool that gives desperate buyers more homes to choose from in this low inventory market. There is something for everyone! ”We Marketing Manager. Lamacchia also made Inc.’s

Realty 61
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SFR, fix-and-flip sectors are in a ‘bit of a malaise’

Housing Wire

The single-family rental (SFR) sector and its close cousin, the fix-and-flip market , are now essentially treading water in an environment of high interest rates , approaching 8%; high home prices; and a dearth of home-purchase inventory. It remained way below the 44.6% hit in the second quarter of 2021.”

Investors 356
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Houston Housing Market Forecast: Current Data & 2021 Predictions

Houston Properties

From March to November of 2020, Americans made $1 trillion more than they did from March to November of 2019. We also believe that there’s going to be strong appreciation for homes with the following characteristics: New / recently renovated to look “like HGTV;”. We’re already having conversations with our clients in the industry.