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Modern House Flipping Software: 8 Innovative Tools You Need

Listing Spark

House flipping isn’t just an opportunity for big real estate companies or home improvement television channels—it’s becoming a reliable source of income for Americans running a solo business or small real estate investment venture. of US home sales in 2017, that number grew to 8.4%

Tools 36
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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. Finance of America’s new division offers the “Benji” portal, which gives contractors tools to expand their business.

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Home Improvement DIYs to Tackle in a Weekend

Lamacchia Realty

For those who want a quick facelift without all the power tools, your local hardware store will also likely carry adhesive tiles that stick directly onto the wall! Whether you’re sprucing up your house , or prepping your home for sale, these projects can be done by anyone on a weekend! Rethink Your Storage. Additional Resources.

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Fintech Hitch launches new HELOC platform

Housing Wire

That is money they’ve earned and saved, and we want to make it as easy as possible to access that for home improvements, debt consolidation, or whatever else they may want to use it for.”. “The average American has more than 70% of their net worth tied up in the equity of their house,” said William Schoeffler, CEO and founder of Hitch.

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How to help homeowners make the most of home equity

Housing Wire

Through proper communication around refinancing options available to borrowers and by outlining differentiated interest rates and opportunities for cash-out refinancing, home equity can be used as a tool to help homeowners leverage their home as a financial asset. Use home equity to raise home value.

Investing 421
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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. More on purchases and cash-out refis in the Engagement section below.

Clients 382
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How retaining servicing provides a competitive advantage

Housing Wire

Mortgage servicers must use all the tools at their disposal to expand borrower relationships and keep their borrowers in their overall portfolio. Servicing retention generates servicing fee income and helps servicers improve the customer experience. For example, FICS offers its own mortgage servicing software, Mortgage Servicer.