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Opinion: More financing options for ADUs are needed

Housing Wire

Heading into 2024, there are continuing and emerging financing options, grant programs and legislation all designed to help homeowners and builders create much-needed infill housing. Private sale In late 2023, one of the most significant shifts for California residents occurred as Governor Gavin Newsom signed AB-1033 into law.

Finance 471
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Rhode Island historian uses a reverse mortgage as an estate planning tool

Housing Wire

“The foundation would get what was described, in a January 2023 fundraising package, as a ‘prestigious headquarters … [and] site for small scale, but elegant events’ with its ‘voluminous library on American legal and constitutional development’ as a resource for nearby Roger Williams University ‘s law school.”

Tools 396
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Don’t let COVID crisis mask affordable housing opportunity

Housing Wire

Reform zoning laws. Here again, the decentralized network of municipal law has handicapped the industry’s ability to respond to the pressing need for more affordable housing. Here again, the decentralized network of municipal law has handicapped the industry’s ability to respond to the pressing need for more affordable housing.

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With low inventory, house hunters are in full safari mode

Housing Wire

One source of added inventory is the fix and flip industry , which is expected to acquire and renovate some 350,000 homes in 2023, according to Kurt Carlton, president of New Western , a private real estate investment marketplace. Where might added inventory come from, if the bulk of existing homeowners continue to remain on the sidelines?

Inventory 461
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Features That Can Make Or Break The Value Of Your Home

Lamacchia Realty

In-Law Apartments How this can Increase Value: A well updated and cohesive In-law apartment is very attractive to buyers who are looking for one. How this can Decrease Value : Many people believe that in-law apartments automatically increase the value of a home, but it is just not the case.

Law 67
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Can I Take Out a Loan to Remodel My Home?

Assurance Financial

After your purchase, you can renovate the property to make it suit your tastes and fit your needs. Depending on the extent and cost of your home improvement goals, you might need to take out a loan for renovations. A home renovation loan is most likely not going to be the same as your mortgage. Why Remodel Your Home?

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Fixer Uppers 101

Lamacchia Realty

What to Consider Before Purchasing a Fixer-Upper Although fixer-uppers are more affordable than purchasing a turnkey home in the perfect neighborhood, the process of buying a fixer-upper and renovating it is more complicated than what you see on television. How Much Time Do They Take to Renovate? Traveling a lot?