Housing Wire

FEBRUARY 27, 2024

The practice of redlining , initiated in the 1930s, where banks and insurers refused services to entire neighborhoods based on racial composition, further entrenched these disparities. Despite these legal advancements, Black Americans still face challenges in achieving homeownership at rates comparable to other demographics.

Real Estate 432

Real Estate Investors Business Lending 432

Housing Wire

OCTOBER 12, 2020

They need to not only help borrowers enter forbearance but are also required to reach out before the end of each forbearance period to determine the appropriate post-forbearance relief option based on investor/insurer waterfalls.

Legal 432

Legal Training Law Insurance 432

Cleveland Appraisal Blog

AUGUST 25, 2022

Today, Cleveland Appraisal Blog shares a few tips for first-time investors. Keep in mind that investment homebuyers will be required to put down a minimum of 15% to secure financing, according to Lending Tree. It starts with managing your budget but also includes understanding which upgrades make a space more desirable. Questions?

Investing 332

Investing Renovations Landlords Real Estate 332

Housing Wire

SEPTEMBER 15, 2020

This article was written for FinLedger, HW Media’s new fintech focused news brand designed specifically for financial services professionals in banking, payments, insurance and proptech. business advisory firm in real estate, mortgage finance, digital mortgage, banking and capital markets. Register for the FinLedger Daily Newsletter.

Business 491

Business Law Real Estate Investors 491

The Robert Weiler Company

JANUARY 2, 2021

Essentially, a land contract is an alternative financing option if you’re investing in: Farmland or raw land. Learn how you, the real estate investor, can avoid the bank and make an agreement directly with the seller. The basic foundation behind a land contract in Ohio is similar to financing a new car, with some key differences.

Contracts 143

Contracts Tenants Legal Sellers 143

Housing Wire

FEBRUARY 9, 2021

All facets of real estate transactions, from appraisals and advice to financing and insuring, are highly regulated. Trying to innovate using an end-around will likely not only fail in the long run, but it may also land you in legal hot water. But are you doing it within the rules? Because like it or not, there are a lot of them.

Real Estate 473

Real Estate Agents Technology Sellers 473

Housing Wire

APRIL 9, 2024

The time-tested resiliency of home values highlights home equity’s importance to American households and its significance for residential real estate investors alike. In today’s environment, homeowners are looking for new answers — and financing platforms — to solve that puzzle. The same story holds true for personal finance.

Investors 450

Investors Investing Real Estate Finance 450

Housing Wire

FEBRUARY 8, 2022

Servicers, lenders and investors dealt with a tsunami of 7.7 When customers are behind on their mortgage, they are concerned, and they don’t know exactly what to do,” said David Sheeler, executive vice president of correspondent lending and servicing finance at Freedom Mortgage. “We of the U.S. population.

Law 370

Law Mortgage Legal Finance 370

The Robert Weiler Company

MARCH 29, 2023

As an investor, you know that income-generating properties can bring a reliable monthly cash flow and build long-term wealth. However, hiring the right person or company can greatly enhance your finances, free time, and your property’s reputation. Reduce legal concerns. Join a local commercial real estate investor network.

Property Management 78

Property Management Tenants Real Estate Investors 78

McKissock

MAY 15, 2023

You’ll need to know whom you’ll mainly be working for (banks, individual homeowners, investors). An online legal team such as Rocket Lawyer can provide templates for various legal documents, as well as personalized legal advice, for a monthly fee—usually less than $100. Business insurance is a must.

Business 71

Business Appraisal Advertising Real Estate 71

PennyMac

JUNE 2, 2022

Financing, knowing what kind of property to buy, and the many other steps are all part of a well-rounded investment plan. For example, typical annual costs include things like: Insurance. It may seem overwhelming, but with the right financing, this is doable. Or, have you seen friends or family find success in real estate?

Real Estate 69

Real Estate Investing Tenants Property Management 69

Eppraisal

JANUARY 29, 2023

In the first installment of this series, we looked at the advantages of raw land as an investment as well as the ways an investor might go about locating such parcels. In this posting, we will follow the acts of contract negotiation and legal settlement when undeveloped land changes ownership.

Development 36

Development Counter Offer Easement Legal 36

McKissock

JANUARY 6, 2023

The top five non-QM lending companies (according to Scotsman Guide) are Fairway Independent, Angle Oak lending, Guaranteed Rate, CoreVest Finance, and Acra Lending. Aside from that, there are also private mortgage insurance (PMI) providers, like Radian, MGIC, or Genworth that may have open appraisal-related jobs.

Appraisal 74

Appraisal Training Lending Land Management 74

Housing Wire

APRIL 5, 2022

There is a legal description. In Decentraland or Sandbox, for example, the legal descriptions are individual pixels (essentially code) that define the “parcels.” To boot, one of the first financing transactions on record was made in January 2022 by technology firm TerraZero. Defining virtual real estate.

Real Estate 530

Real Estate Mortgage Property Taxes Law 530

The Robert Weiler Company

OCTOBER 15, 2021

Also, find out what benefits the new tax bill brought to the commercial real estate industry, particularly for Ohio investors; these benefits might motivate you to make that buy decision quicker than you thought! For CRE investors, the cap rate is a way to determine the property’s ROI potential. A recent change by the U.S.

Investing 138

Investing Real Estate Tenants Investors 138

Eppraisal

DECEMBER 28, 2021

This documentation includes a residential appraisal; proof of employment; pay stubs or income confirmation; bank and investment statements; insurance declarations; copies of photo IDs; and condominium information (if applicable). Concrete verifications of the applicant's statements need to be collected and accepted.

Mortgage 68

Mortgage Home Value Insurance Loan Officers 68

The Robert Weiler Company

SEPTEMBER 23, 2020

Most building owners and multi-family real estate investors don’t realize that property management companies can completely relieve them of the day-to-day administration of property, prospects, and tenants. Whether you need legal assistance, help with tenant management, or building management, we are your go-to team.

Property Management 142

Property Management Tenants Investing Legal 142

McKissock

APRIL 3, 2022

There are usually too many cooks in the kitchen when you’ve got those who handle your listings, payment transactions, as well as your legal documentation with your clientele. Although there are plenty of cryptocurrencies available, Bitcoin and Ethereum are the likely two that you’ll find title insurance and escrow companies willing to accept.

Real Estate 73

Real Estate Real Estate Agent Technology Contracts 73

Housing Wire

JULY 14, 2022

It is counter to a popular and politically potent narrative grounded in the aftermath of the Great Recession, when large institutional investors scooped up thousands of properties at foreclosure auction. It turns out local investors are also more efficient than banks and government agencies at renovating and reselling homes.

Renovations 370

Renovations Investors Buyers Retail 370

Listing Spark

JANUARY 15, 2024

Real estate investors face a lot of challenges, even in Texas markets that are showing a strong ROI for flips and sales. Some of the dominant challenges in the recent real estate market are financing or upfront capital requirements, deciding on a liquidation strategy, and dealing with market fluctuations.

Brokerage 36

Brokerage Investors Investing Real Estate 36

The Robert Weiler Company

SEPTEMBER 30, 2020

The physical, legal, or economic descriptions of the property are in question. An appraisal review is a second opinion or added insurance for the transaction to ensure the purchase price history, comps, adjustments, and disclaimers are accurate. It isn’t clear who owns the appraised property. A public project is being conducted.

Real Estate 137

Real Estate Appraisal Property Appraisal Valuation 137

PennyMac

DECEMBER 22, 2020

Many potential homebuyers and investors overlook bank-owned properties, but for buyers who take the time to understand the REO process, these homes can be a significant opportunity. The lender initiates legal proceedings against the borrower to foreclose on the property. Step 2: Find a Lender and Discuss REO Financing.

Inspection 69

Inspection Real Estate Agent Real Estate Agents 69

Realvals

JUNE 18, 2023

This helps them determine the loan-to-value ratio and assess the risk associated with financing the property. ” ( source ) The only way to obtain legal ownership of the property is to go through the probate process. One other use case when it comes to remodeling is for financing. This is also incorrect.

Appraisal 145

Appraisal Property Taxes Real Estate Market Value 145

The Robert Weiler Company

JULY 4, 2022

But it’s important that you select books that are newly published; this is especially critical when you’re relying on the books for legal or tax-related information or forms. However, property management some books will focus on the tax, regulations, and legal aspects of renting spaces. 2nd Edition; April 2018).

Property Management 78

Property Management Tenants Landlords Legal 78

The Robert Weiler Company

APRIL 15, 2022

A commercial lease is a legally binding contract that details the relationship between a tenant and a landlord. Indemnity and Insurance. And the landlord pays for all operating expenses, such as maintenance, property taxes, and insurance. What does it mean to lease commercial real estate? Taxes and Assessments. Amendments.

Tenants 144

Tenants Landlords Property Taxes Insurance 144

Houston Properties

JANUARY 13, 2021

The average household finances are in the best shape they’ve ever been in. Household Finances – The Best (Ever). Household Finances – The Best (Ever). On the other hand, the four restaurant workers would still need to spend monthly payments for rent, food, transportation, and insurance. Get PDF Now.

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

Walitt Solutions

JULY 28, 2019

In July 2019, I spoke to the Collateral Risk Network, a group of chief appraisers, risk managers, management companies, lenders, appraisers, regulators, and legal experts, at the Collateral Matters event in Reston, Virginia. My talk focused on Property Inspections, which – to an outsider – might seem to be a straight-forward topic.

Appraisal 28

Appraisal Inspection Valuation Lending 28

The Robert Weiler Company

JULY 6, 2021

Classification is a way to differentiate specific market features for investors. Commercial real estate investors are usually looking for a specific class of property for their capital. These buildings are the latest and greatest in state-of-the-art warehouse rentals and attract high-quality investors and tenants alike.

Logistics 147

Logistics Tenants Real Estate Modernization 147

Will Springer Realtor

APRIL 6, 2021

A buyer’s choices for financing of a condo, however, can be, well , complicated. In the complex world of condominiums, it is as important to know which buildings are favorable for financing as it is to ensure a buyer’s eligibility for the mortgage itself. Mortgage options vary just like the number of home types available for purchase.

HOA 36

HOA Mortgage Buyers Insurance 36

The Robert Weiler Company

SEPTEMBER 7, 2022

And undeveloped land is increasingly attractive for investors after favorable reports from the Ohio REALTORS®. Our land brokers anticipate steady demand from land buyers, other CRE investors, land developers, and tenants in Ohio, Central Ohio, and Columbus, Ohio. Reports have revealed a strong land market. Commercial Real Estate Sales.

Marketing 78

Marketing Real Estate Investing Retail 78

Housing Wire

APRIL 13, 2022

As a driver of the economy, housing should be bolstered by: Non-bank lending institutions to lend in lower-income areas and to minorities in the same way that CRA provides for banks Reducing government-insured and guaranteed mortgage loan fees. Since 2016, legal immigration growth has declined by 40%. Prices continue to rise.

Insurance 384

Insurance Construction Government Lending 384

Housing Wire

MARCH 29, 2022

The three agencies in charge of such reviews — the Federal Reserve , the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency — have not denied a single bank merger in 15 years. Yes, regulators are legally obliged to assess CRA adherence. Acting Comptroller of the Currency Michael Hsu. The reason?

Lending 370

Lending Government Law Mortgage 370

Will Springer Realtor

JULY 13, 2023

Moody’s Investors Service noted that banks hold approximately half of the $6T in commercial real estate debt, with the largest share maturing within the next three years, according to Reuters. It is lack of labor, land/lots, lumber/materials, lending for builders and land developers and ever-costly legal/regulatory costs,” he said.

Construction 36

Construction Supply Chain Real Estate Development 36

Housing Wire

DECEMBER 7, 2020

DPA has become such an integral part of the state housing finance agency (HFA) business model that in 2019, nearly three-quarters of all the single family mortgages they funded carried down payment assistance. The typical agency financed nearly 3,000 loans that averaged about $7,200 in DPA, amounting to about 4.5%

Law 491

Law Government Finance Mortgage 491

Housing Wire

MARCH 24, 2022

A HUD spokesperson denied the department has any intention of eliminating the use of these programs with FHA-insured mortgages. Leaders of the tribes wrote that HUD had not met its legal obligation to consult with them before the proposed rule. More than 39% of FHA loans had DPA in 2021, according to HUD.

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Government Finance Insurance Development 441

Housing Wire

DECEMBER 26, 2022

With the housing market slowing down from its pandemic-fueled frenzy, wire fraud threats, regulatory challenges and the perennial challenge of an aging workforce, the title insurance industry will have a lot to juggle in the new year. For the title insurance industry, she feels this will result in a thinning of the herd.

Insurance 491

Insurance Bracketing Legal Business 491