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Owning a condo in Florida is becoming less attractive: Redfin

Housing Wire

The cost of homeowners insurance has surged in Florida as insurance companies have grappled with significant losses due to an increase in natural disasters. And homeowners insurance costs are three times higher in Florida than the national average.

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Opinion: Investors play key role in providing affordable housing options

Housing Wire

housing stock; yet, they bring some unique characteristics to the market. Selling a home typically involves nearly 10% in transaction fees between real estate agents , title companies, inspections, and other expenses. The same holds true for the investors that are renovating homes and reselling them.

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Institutional SFR players are stuck in the doldrums

Housing Wire

Another larger player in the space, Progress Residential , recently postponed a securitization transaction due to difficult market conditions. And yet another big force in the market, FirstKey Homes , is pulling collateral out of a 2021 securitization deal.

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Opportunities to improve the home-building process

Housing Wire

When my wife and I were in the market to buy a house, we got frustrated working with a broker and decided to build one ourselves. Built Technologies in Nashville is one company that has created a suite of software to simplify loans, draws, and inspections for lenders and contractors. Harder than it has to be. Creating transparency.

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4 Things I Wish I’d Known Before I Got an FHA Loan

Realtor

But in the middle of this process, someone asked us how much our mortgage insurance would be. “Mortgage insurance?” You’re on the hook for mortgage insurance for the life of the loan. Let’s get into the first thing you’ll have to factor in with an FHA loan: mortgage insurance.

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Download these 9 real estate prospecting letter templates that actually work

Housing Wire

I can also provide expert advice about renovations and the potential return on investment — where to get the biggest bang for your buck — or simply answer any questions you have about the market. You’ll want to include the list price, sale price, and days on market. Many of us are in sellers’ markets with very low inventory.

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Appraisal Trends: Mastering Property Conditions and Location on the Appraisal Review

Genworth MI Blog

This should include photos of any recent updates/renovations that were used as adjustments and applied to the sales where the sales comparison approach is presented as support for the opinion of value. Property conditions that impact subject livability, soundness, and/or structural integrity may cause such further inspection/repairs.