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Revive launches AI-powered listing tool for real estate agents

Housing Wire

Revive has released a new tool named “Revive Vision AI” designed to assist real estate professionals in property valuation. This AI-driven tool uses computer vision technology to evaluate the current condition of a property and provide a detailed assessment of its current market value and potential value post-renovation.

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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. in 2021 to $433 billion.

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

Housing Wire

The pandemic-era run-up in home prices and the property’s reappraisal made the burdens of the mortgage payments too high when deducted from the gift itself, Dooley explained to the outlet, despite the Conleys continuing to pay for taxes, utilities and renovations for the property.

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IBuying-minded HomeBldr upgrades investment analysis tools

Inman

The reporting tool determines a number of return-on-investment scenarios, taking into account market conditions, available financing and any need for renovations and improvements.

Tools 121
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Capital Fundings partners with Privy

Housing Wire

Together, we will equip our borrowers with the tools and knowledge needed to thrive in today’s competitive market.” Capital Fundings specializes in the purchase, renovation and resale of distressed residential properties. Privy’s real estate investment platform features different services tailored to assist investors.

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Tech Bytes: News from FMLS, Revive, CubiCasa, more

Real Estate News

FMLS partners with CoreLogic, Restb.ai; Revive launches AI renovation tool; RE/MAX adds CubiCasa; plus, NAR iOi pitch battle winners and more.

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Hometap reaches $1B in home equity investments 

Housing Wire

As Americans continue to amass record levels of equity in their homes, they need tools that increase access and reduce stress, particularly as they struggle to manage high interest rates , inflation , personal debt, and other obstacles to reach their long-term financial goals.”

Investing 320