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Opinion: More financing options for ADUs are needed

Housing Wire

In the ongoing struggle for attainable housing, one positive development has been the increased availability of funding options for homeowners seeking to incorporate Accessory Dwelling Units (ADUs) into their properties. These will help on the margin, but we still need smart lenders to help create even more robust financing options for ADUs.

Finance 469
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Tapping home equity in retirement has advantages and pitfalls: Harvard researcher

Housing Wire

Department of Housing and Urban Development (HUD) has shown that it’s paying attention to the emerging housing needs of an older population by creating programs that allow for age-minded home renovations. Over the past couple of years, the U.S. Reverse mortgage companies have also invested in their own home modification programs.

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

Housing Wire

A proprietary reverse mortgage from Finance of America Companies (FOA) now secures the home of Rhode Island ’s honorary historian laureate after the property was returned to the owner after attempts to bequeath it to a nonprofit historical society he founded. This is according to reporting from The Providence Journal.

Tools 396
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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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3 solutions to a gridlocked housing market

Housing Wire

Acra’s jumbo prime mortgage solution is designed to provide borrowers with the larger loan amounts needed to purchase a high-value property, with loan amounts up to $3 million. Fix n’ flip loans are ideal for investors and developers looking to purchase a home and renovate it. We’re very excited to enter the fix’n’flip space.

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Don’t let COVID crisis mask affordable housing opportunity

Housing Wire

rushes to inoculate the current global health crisis, the real estate and mortgage finance industries are facing their second wave of significant industry headwinds in little over a decade. Other countries, including England, have developed digital national systems for processing and recording mortgage and property transactions.

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How to write a lead-winning, memorable real estate agent bio (+ examples)

Housing Wire

Accreditations and designations Highlight your professional credentials and any special designations you’ve earned. Growing up in Savannah, Georgia, as the daughter of a builder and developer, she learned the processes involved in new home construction from her dad. Jane Doe specializes in luxury markets.”