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NAR adds home improvement contractor’s app to Realtor benefits

Housing Wire

The National Association of Realtors (NAR) announced on Wednesday the addition of a home repair estimate app to its package of NAR Realtor Benefits for members. We are thrilled to provide NAR members and their clients with access to our reliable pre-listing home improvements with pay-at-closing terms.”

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Top 5 home improvement projects real estate agents should recommend to sellers

Housing Wire

Being able to provide data-driven home improvement recommendations can help agents build credibility with potential clients, sell homes faster and for more money, and ultimately win more listings. These days, buyers want move-in ready homes – they don’t want to face huge construction projects before they can get settled.

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Real estate agents: Service clients with an eye on future economy

Housing Wire

Though this would typically signal a time for panic across the residential real estate profession, those who can focus on servicing their clients with a mind for the future will be well positioned for whenever the economics for home buying become more favorable. Provide clients with market updates. Keep the door open.

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What role does the servicer play in creating clients for life?

Housing Wire

Customer Retention: When we think of new loans, this comes in a few forms in the current market: the last of the rate/term refis before rates rise, cash-out refis for both home improvement and debt consolidation, and, of course, new purchase loans. The post What role does the servicer play in creating clients for life?

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Regions Bank places $1B bet on home renovation market

Housing Wire

Regions Bank is looking to make a big dent in the home improvement lending space , striking a deal to acquire EnerBank USA for $960 million in cash. billion as of March 31, 2021 and is one of America’s largest specialized home improvement lenders. billion in home improvement projects.

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First Financial Bank to invest $700M by 2028 in affordable mortgages

Housing Wire

billion in the next five years for lending and investments to low- and moderate-income (LMI) clients and census tracts, with 30% of the total tied to mortgage lending. Cincinnati-based First Financial Bank has agreed to direct $2.4

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Meet the homeowners giving up 4% mortgages and opting for cash-out refis

Housing Wire

In late August, when mortgage rates were well over 7% and beginning their climb toward 8%, Jeff Anderson had a client do what few other homeowners are willing to do: She gave up her 4% mortgage rate. At closing, my client will get $10,000 of cash up-front. You’re probably thinking, “Uh, why on earth would she do that?”

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