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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. Per a study from Harvard University’s Joint Center for Housing Studies, renovation financing is expected to increase 3.3% in 2021 to $433 billion.

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The Best Use of Time (and Money) When It Comes to Renovations

Keeping Current Matters

They can help you think through today’s market conditions and how they impact what you should – and shouldn’t – renovate before selling. Here are some considerations a professional will guide you through: 1. A more balanced market typically sees a 6-month supply of homes for sale. Not all renovation projects are equal.

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William Raveis ain’t no stinkin’ iBuyer

Housing Wire

Residential brokerage and mortgage lender William Raveis is buying its clients’ homes across New England, the tri-state area and Florida. Its agents are tasked with marketing and selling the home, using their local expertise, Raveis said. Once the home sells, the homeowner receives the full proceeds.

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Real estate appraisals: What agents should know

Housing Wire

You’ve found a house for your buyer or a buyer for the home you’re selling. A home inspection hasn’t yielded any problems, so nothing is standing in the way of closing, right? Appraisals are required for homes financed with any type of mortgage. If it doesn’t, it’s one of many reasons a home sale could fall through.

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6 Home Renovation Mistakes Most People Make During the Winter

Realtor.com

Getty Images Renovating a home, no matter the time of year, can be equal parts exciting and overwhelming. However, renovating in the winter may come with its own set of additional issues. Exterior renovations are especially risky during the colder months since the ground at your construction site can be slippery and wet.

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What’s the Sales Comparison Approach for Home Appraisals?

HomeLight

As you prepare to sell your home, your first big question will likely be, “What will be my listing price?” This is a tightrope decision that requires just the right balance, and it starts with knowing your home’s value. How Much Is Your Home Worth Now? Home values have rapidly increased in recent years.

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Why Milwaukee is a Hotspot for Cash Home Buyers: Trends and Insights

Realty Biz

Milwaukee has emerged as a prime destination for cash home buyers in recent years, and it's not hard to see why. With a booming real estate market, affordable neighborhoods, and attractive investment opportunities, Milwaukee has become a hotspot for those looking to buy homes for cash or sell houses fast in Milwaukee for cash.