Housing Wire

JUNE 3, 2022

Could renovated foreclosure resales help solve the nation’s increasingly complex affordable housing puzzle? An estimated 140,000 renovated properties purchased at foreclosure auction or bank-owned auction were resold to owner-occupant buyers between January 2020 and December 2021. Presented by: Auction.com.

Construction 442

Construction Renovations Transportation Real Estate 442

Housing Wire

JUNE 1, 2021

Presented by: Altisource. Investors who acquire and renovate older homes could claim the credit on their federal tax returns, as long as the home is sold to and occupied by an eligible buyer. The renovations would be on a budget, however. The agency has already sent both the proposed rules to Congress for review.

Renovations 502

Renovations Development Investors Legal 502

Housing Wire

DECEMBER 21, 2023

I’m here to debunk the myths and explain why every veteran and qualifying service member should embrace this well-deserved benefit and capitalize on the opportunities it presents. My favorite, and one of the most valuable and underutilized products in today’s low-inventory market , is the VA renovation loan. Who is eligible?

Mortgage 431

Mortgage Renovations Appraisal Process Finance 431

Appraisal Buzz

APRIL 30, 2024

Loan originators with knowledge and access to specialized products can offer tailored loan options for buyers needing bridge financing, lacking down payment funds, or seeking renovation solutions. That presents a unique challenge as well as an opportunity.

Marketing 195

Marketing Real Estate Agent Renovations Buyers 195

Housing Wire

OCTOBER 18, 2021

Zillow will keep trying to sell existing home inventory, plus renovate and try to resell homes it has purchased under contract, according to a company press release. We have not been exempted from these market and capacity issues and we now have an operational backlog for renovations and closings. Presented by: Weichert.

Renovations 382

Renovations Real Estate Construction Contracts 382

Housing Wire

OCTOBER 28, 2021

Top markets for affordable renovated housing inventory. Despite the rapidly deteriorating affordability, there is some hope for homebuyers in the form of renovated homes: properties that have been rehabbed into move-in ready condition after being purchased at foreclosure auction or bank-owned (REO) auction. Presented by: Auction.com.

Inventory 414

Inventory Renovations Contracts Buyers 414

Housing Wire

APRIL 8, 2021

According to a survey by Hippo.com , 54% of respondents said they made at least one home improvement last year, with the bulk having made renovations to their backyard, kitchen and home office at 21%, 20.1%, and 18.4% Presented by: iEmergent. So what were all these homeowners working on? respectively.

Renovations 301

Renovations Home Improvement Retail Marketing 301

Housing Wire

OCTOBER 25, 2021

.” Top markets for affordable renovated housing inventory. Despite the rapidly deteriorating affordability, there is some hope for homebuyers in the form of renovated homes: properties that have been rehabbed into move-in ready condition after being purchased at foreclosure auction or bank-owned (REO) auction.

Renovations 404

Renovations Inventory Agents Housing Market 404

Housing Wire

OCTOBER 10, 2023

The “same old listing presentation” and tired marketing tactics aren’t cutting it for agents looking to win listings in today’s competitive and tight market. When making pre-listing repairs or renovations, different projects can result in vastly different returns.

Home Improvement 448

Home Improvement Real Estate Agent Sellers Real Estate 448

Housing Wire

JANUARY 9, 2024

Additionally, ADUs present an excellent solution for housing family members in need including aging parents by adding infill housing in the most desirable neighborhoods. Importantly, homeowners can also include 50% of their estimated rental income when applying for an FHA renovation loan to construct an ADU, which helps with DTI constraints.

Finance 456

Finance Construction Tenants Renovations 456

Housing Wire

MARCH 4, 2022

Could renovated foreclosure resales help solve the nation’s increasingly complex affordable housing puzzle? An estimated 140,000 renovated properties purchased at foreclosure auction or bank-owned auction were resold to owner-occupant buyers between January 2020 and December 2021. Presented by: Auction.com.

Construction 370

Construction Renovations Real Estate Marketing 370

Housing Wire

AUGUST 5, 2021

This bodes well for those still looking to refinance, renovate or even purchase a new home.”. Presented by: Black Knight. “The 30-year fixed-rate mortgage dipped back to where it stood at the beginning of 2021, and the 15-year fixed remained at its historic low. A year ago at this time, the 30-year fixed-rate mortgage averaged 2.88%.

Mortgage 523

Mortgage Valuation Housing Market Renovations 523

Housing Wire

JULY 3, 2023

While the 30-year fixed-rate mortgages are the bread-and-butter products for PrimeLending (accounting for about 95% of origination volume), down payment assistance programs, renovation loans and temporary rate-buydowns have become popular options for buyers, Lugat noted.

Loan Officers 353

Loan Officers Marketing Retail Renovations 353

Cleveland Appraisal Blog

AUGUST 11, 2022

For some homeowners, extensive renovations can present a challenge in terms of time and finances, particularly if you plan to move out of your home soon. Going for an as-is home sale eliminates the need for a lengthy renovation process. Moreover, buyers sometimes prefer to renovate the home according to their taste.

Renovations 221

Renovations Buyers Appraisal Investing 221

Housing Wire

FEBRUARY 16, 2022

Examine previous transactions with a lender, such as funding renovations on investment property, to better understand the lender’s experience with diverse real estate projects. If your state requires a lending license, make sure a the lender is licensed.

Real Estate 382

Real Estate Investing Investors Renovations 382

Housing Wire

OCTOBER 29, 2020

The field positions included those who evaluated homes, maintained homes and managed renovation work for homes in Zillow’s inventory. Presented by: Snapdocs. The affected employees were informed earlier this month. The cuts included mostly field positions and a few back-end control positions. Find out what those are here.

Renovations 288

Renovations Inventory Brokerage Real Estate 288

Housing Wire

AUGUST 22, 2022

“Our mission is to help homeowners unlock their home equity to better manage their finances – whether it’s for home renovations, paying for tuition, debt consolidation, or other events to support your family and life’s great adventures,” Schacknies said in a social media post. Presented by: ServiceLink.

Realtors 345

Realtors Renovations Real Estate Tools 345

Housing Wire

APRIL 27, 2021

Presented by: Citi. In the past 12 months, housing markets across the country have seen a heavy influx of new homebuyers as well as existing owners looking to renovate or add square footage. The housing market is extremely competitive right now. Here is a homebuyer’s guide to navigating bidding wars and low housing supply.

Housing Market 462

Housing Market Renovations Buyers Lending 462

Housing Wire

NOVEMBER 10, 2023

Presenting a debt consolidation calculator that includes a home equity option (something 25% of the reviewed lenders offer today) can help homeowners determine whether home equity or another lending solution is most suitable for their needs.

Lending 382

Lending Tools Inventory Renovations 382

Housing Wire

JULY 17, 2023

VR market research provides agents with a realistic and interactive platform to test property designs, explore potential renovations and assess the impact of various factors on buyer perception. Allows customization and enhances the overall presentation of the property, potentially increasing buyer interest and accelerating the sales process.

Real Estate 276

Real Estate Technology Business Real Estate Agent 276

Housing Wire

JUNE 25, 2021

After we buy and renovate those homes, we know we’ll be able to sell them because there are so many more buyers in the market right now than there are homes available.” Presented by: Argyle. . “Business really started ramping up in January and February,” she said. ” Road to the one-click mortgage.

Renovations 367

Renovations Marketing Buyers Inventory 367

Housing Wire

APRIL 14, 2022

Presented by: RMF. in March — has sapped strength from the renovation market. HousingWire recently spoke with David Peskin, president of Reverse Mortgage Funding, who said entering the reverse mortgage business could allow originators to break into a growing market with significant demand that is largely untapped.

Mortgage 414

Mortgage Government Renovations Buyers 414

Housing Wire

JANUARY 5, 2024

Declining interest rates present other opportunities for homeowners. Lower interest rates can also make borrowing against home equity more attractive, allowing homeowners to access cash for renovations, debt consolidation or other financial goals.

Real Estate 430

Real Estate Agents Marketing Sellers 430

D Fritz Appraisals

MAY 13, 2024

Preparing Your Home for Sale Preparing your home for sale in British Columbia involves steps designed to enhance its appeal to potential buyers and ensure it is presented in the best possible light. Sellers can leverage their expertise to ensure their property is presented in the best possible light.

Real Estate 115

Real Estate Buyers Sellers Appraisal 115

Housing Wire

OCTOBER 24, 2022

Presented by: Rently. No voucher/sec-8 — find ways to reject, applicant must meet every requirement (credit, security deposit, income etc), in the case that we have to lease to them which we should find every way out of, don’t put in renovated units,” the email stated.

Real Estate 348

Real Estate Landlords Law Advertising 348

Simonson Real Estate

DECEMBER 6, 2022

In 2022, Simonson Appraisals completed a steady stream of financing assignments with planned new construction or significant proposed renovations. On several occasions, we were presented information about construction or renovation plans well after the initial assignment was started. Clarify What Value or Values are Needed.

Appraisal Process 78

Appraisal Process Real Estate Appraisal Renovations 78

Eppraisal

AUGUST 25, 2023

However, exploring the market during off-peak seasons can present opportunities. Consider Renovations and Updates With fewer turnkey options available, don't shy away from properties that need a little TLC. A home in need of renovations could be a hidden gem that other buyers overlook.

Inventory 69

Inventory Real Estate Buyers Renovations 69

Appraisal Hub

MAY 5, 2024

By providing pertinent information about the property upfront, such as recent renovations or unique features, agents can help appraisers gain a comprehensive understanding of the home’s value. Highlighting Key Features: When presenting a property to an appraiser, it’s essential to highlight its key features and amenities.

Real Estate Agent 78

Real Estate Agent Real Estate Agents Appraisal Process 78

Housing Wire

APRIL 14, 2023

The picture presented in popular culture doesn’t help. Whether you’re renovating homes or selling skyscrapers, real estate requires networking and patience. Shows like Selling Sunset and Million Dollar Listing are dominated by white cast members and offer a skewed view of what it means to be in the business.

Real Estate 344

Real Estate Law Development Business 344

Housing Wire

APRIL 8, 2021

Whether it’s having to ask permission to paint a wall or perform the most basic renovation, renters may be highly restricted in customizing their living space. Sponsored content presented by Citibank, N.A. We all crave a space to call our own, along with the autonomy to choose how to make it our own. NMLS #412915.

Property Taxes 399

Property Taxes Landlords HOA Renovations 399

Lamacchia Realty

AUGUST 12, 2021

Fixer-uppers tend to be popular among real estate investors as well as first-time homebuyers as they present an opportunity to buy below market value. Before purchasing a fixer-upper, consider the following: Structural Work – Structural work tends to be the most expensive cost associated with buying and renovating a fixer-upper.

Renovations 69

Renovations Finance Inspection Buyers 69

Housing Wire

JULY 20, 2021

Borrowers now have settled in homes that in many cases are growing in value, and may have a need to take on renovation costs or consolidate debt, which brings on a greater need for cash-out refinances. This restriction of investment property volume has presented a growing problem, as second home volume was up 178% annually in April.

Marketing 368

Marketing Lending Government Renovations 368

Birmingham Appraisal

FEBRUARY 28, 2023

Sellers should be transparent about any issues with the property, such as previous damage, repairs, or renovations. Providing information about updates or renovations can help the appraiser estimate effective age more accurately which will have a positive effect on the final opinion of value.

Sellers 78

Sellers Real Estate Appraisal Appraisal Process 78

Appraisal Buzz

SEPTEMBER 5, 2022

After many years of reading appraisal reports, my response is “One that leaves the reader with few unanswered questions, allows the data to tell the story, keeps appraiser interventions to a minimum and is able to present a case for what a property is worth, as well as what it is not worth.”. Progress in Revision Rates.

Appraisal 281

Appraisal Modernization Appraisal Process Technology 281

Eppraisal

APRIL 26, 2024

That said, most old homes are rough around the edges and require renovation to be fully functional. Don’t Touch What’s Unique Before starting renovations, decide what nonnegotiable parts of the old home you want to maintain the most. It’s also present in the overall ambiance of the space.

Renovations 36

Renovations Decorating Modernization Home Improvement 36

Lamacchia Realty

MAY 8, 2024

If you’re looking to take on a more complex project, be sure to do your research on home renovations so you can properly plan and budget your new upgrade. To do this successfully, it is important to present them with a blank canvas upon which they can be inspired to brainstorm décor and ways to add their own personal flare to the space.

Sellers 63

Sellers Renovations Buyers Real Estate 63

Eppraisal

MARCH 19, 2024

Equity represents the portion of your home that you truly own, which can be valuable for future endeavors such as home renovations, investments, or even as collateral for a loan if needed. Increased Equity Paying off your mortgage early accelerates the growth of your home equity.

Mortgage 67

Mortgage Investing Renovations Real Estate 67