Housing Wire

AUGUST 10, 2023

Meanwhile, innovation-driven transparency is helping to make distressed property auctions more accessible for these owner-occupant buyers as well as for local community developer buyers who, it turns out, sell most of their renovated foreclosures to owner-occupants. Department of Housing and Urban Development (HUD) in August 2022.

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Renovation Development Rent back Principal 344

RIS Media

MARCH 8, 2022

You Need to Understand How Long It Will Take to Renovate. Customers who have never had a home renovated often have no idea how long various projects take. Knowing how long renovations will take will allow you to plan accordingly. Knowing what to expect can help you deal with the stress of home renovations.

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Realty Biz

AUGUST 3, 2023

In recent years, virtual renovation has emerged as a groundbreaking tool that allows homeowners, designers, and contractors to visualize and plan home renovation projects in a virtual space. Benefits of Virtual Renovation Cost-Efficiency : Reduces the risk of costly mistakes. Steps to Virtual Renovation 1.

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Renovation Pre-approval Investor Construction 77

Housing Wire

MARCH 14, 2024

Change is a community development financial institution (CDFI) that is certified by the U.S. Change is a community development financial institution (CDFI) that is certified by the U.S. The transaction is expected to close in May. “We We are excited to expand our impact and better serve our target market borrowers.”

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Lending Banks Loans Renovation 358

Housing Wire

MARCH 7, 2024

Long, who brings more than 20 years of experience in the mortgage industry, will be responsible for building Planet’s retail networks and will also have a focus on product development, the company said. What sets us apart is not just these products, but how we come together, across different channels, to continuously innovate and refine them.

Lending 370

Lending Loans Renovation Mortgages 370

Housing Wire

MAY 8, 2023

Once the transfer of ownership occurs at foreclosure auction, a distressed property can be renovated and returned to the retail market as affordable housing for homeowners or renters. “[I My renovated homes are] reducing the number of rental properties , which in our town has become a source of demise.”

Renovation 385

Renovation Equity Mortgages Closing costs 385

Housing Wire

JANUARY 9, 2024

In the ongoing struggle for attainable housing, one positive development has been the increased availability of funding options for homeowners seeking to incorporate Accessory Dwelling Units (ADUs) into their properties. Some smart lenders, especially among credit unions, have developed some great products for ADU financing.

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Finance Construction Loans Renovation 452

Realty Biz

SEPTEMBER 11, 2023

Introducing Revive Vision AI, a cutting-edge pre-sale home renovation solution by Revive. This innovative tool uses property photos to evaluate a property's current value and renovation possibilities. This innovative tool uses property photos to evaluate a property's current value and renovation possibilities.

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Renovation Sales Technology MLS 95

Housing Wire

NOVEMBER 4, 2021

Since the last housing bubble burst, when more than a million residential construction workers lost their jobs , a shortage has developed. Top markets for affordable renovated housing inventory. That’s a staggering number.”. Around one-third of construction workers are immigrants, and a growing number — now about 11% — are women.

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Construction Renovation New Construction Development 523

Housing Wire

MAY 23, 2024

Department of Housing and Urban Development (HUD) is focusing on launching initiatives to increase home supply, review existing rules in and ensure the agency is “getting the money out the door.“ “In Under the leadership of acting secretary Adrianne Todman since March, the U.S. And that’s not a criticism but an observation,“ Todman said.

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Investor Mortgages Renovation Construction 321

Housing Wire

APRIL 18, 2023

Pampulov will be responsible for the development of PunchListUSA’s proprietary products, data infrastructure, home lifecycle services, and predictive pricing models, according to the firm. “I Pampulov comes to PunchList USA with two decades of experience in real estate data strategy and product development.

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Inspection Technology Investor Development 337

Housing Wire

JANUARY 4, 2024

Department of Housing and Urban Development (HUD) has shown that it’s paying attention to the emerging housing needs of an older population by creating programs that allow for age-minded home renovations. “But what constitutes an emergency? . ” But equity is not a resource that every older American has access to.

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Equity Renovation Lending Finance 322

Propmodo

JANUARY 13, 2024

million square feet of office space is under construction or renovation in Manhattan, the lowest amount in 8 years, according to JLL. But amid this gloomy outlook, one development firm in the city is contrasting the negative view of the office and finding ways to get offices designed, financed, and completed. Less than 7.2

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Development Lending Finance Commercial 57

Realty Biz

JULY 14, 2023

When renovating and repositioning your property, here are nine strategies to generate more interest and keep your rentals full. Renovating vs. Repositioning: What's the Difference? Even new landlords are familiar with the concept of renovating a property. Sometimes it results from economic changes.

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Renovation Commercial As-is Investor 75

Housing Wire

FEBRUARY 29, 2024

Department of Housing and Urban Development (HUD) on Thursday unveiled a series of new policies that are designed to boost housing supply and affordability across the country, according to HUD and White House officials. The new extension is estimated to create 38,000 additional units over 10 years, according to administration officials.

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Design Finance Loans Development 423

Housing Wire

JUNE 1, 2021

Housing and Urban Development Secretary Marcia Fudge joined Biden to mark the 100th year since a white mob killed hundreds of Black residents of the Greenwood District. 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.

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Title search Title Renovation Investor 502

Housing Wire

FEBRUARY 21, 2024

Department of Housing and Urban Development (HUD) on Wednesday issued a mortgagee letter that implements the Federal Housing Administration ’s (FHA) payment supplement partial claim. Since March 2020, lenders and servicers have provided borrowers with nearly 1.9 million COVID-19 loss-mitigation actions.

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Principal Loans Mortgages Renovation 381

Housing Wire

JANUARY 20, 2023

These standards were not developed with any real input from HUD, which has exclusive statutory authority for manufactured home construction and safety standards nationwide, through the HUD Code. DOE should delay its effective date, while it works with HUD to develop more balanced standards. a year ago to nearly 7% today.

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Land lease Renovation Land Loans 362

Housing Wire

OCTOBER 16, 2023

USDA, CFPB initiatives USDA is also awarding $9 million to nine Native American Community Development Institutions (NCDIs) as a part of its efforts to “increase access to homeownership for Native Americans on Tribal Lands through a relending demonstration program,” the White House said. New HUD, FHA policies The U.S. New data The U.S.

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Land Design Construction Loans 450

RIS Media

AUGUST 9, 2021

But just because the ball is already in the seller’s court, so to speak, is it enough to justify skipping renovations altogether? Right now, sellers who don’t have the budget for a full home renovation need not worry—for the most part. Consider Your Market.

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Renovation Marketing Agents Staging 98

Housing Wire

NOVEMBER 23, 2021

The Neighborhood Homes Investment Act (Neighborhood Homes) would begin addressing these challenges by developing or renovating 125,000 affordable homes in economically distressed communities. This cost gap all-too-often prevents the renovation of affordable houses that need a great deal of work. The support is clear.

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Renovation Construction Development Finance 419

RIS Media

APRIL 11, 2022

When selling a home though, most real estate professionals will vouch that—as far as home improvements are concerned—kitchen renovations are worthy investments that will likely increase your resale value. DIY expert and licensed contractor Beth Allen shares six common kitchen renovation ideas with the biggest investment return.

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Renovation Staging Branding As-is 98

Housing Wire

APRIL 23, 2024

Amid a higher rate environment when refinances are scarce, Martell said that loanDepot sees opportunities in other products, such as renovation loans and home equity lines of credit (HELOCs). AI will help areas like the call center, product development and underwriting so lenders can make “better decisions quicker,” he said.

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Mortgages Technology Renovation Equity 289

Housing Wire

JULY 6, 2023

One source of added inventory is the fix and flip industry , which is expected to acquire and renovate some 350,000 homes in 2023, according to Kurt Carlton, president of New Western , a private real estate investment marketplace. Fannie Mae recently projected originations for 2023 at $1.59 That compares to a record $4.4

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Renovation Sales Investor Mortgages 454

Realtor.com

JANUARY 16, 2023

But if your main goal is to invest in a renovation that’s smart for you and your wallet, you probably want to prioritize other projects. It was, Sahba explains, a part of a broad $40,000 renovation, but she says the window helped “justify a threefold valuation of the home when it came time to sell.”. Photo by JDL Development Inc.

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Renovation Design As-is Technology 95

Realty Biz

APRIL 10, 2022

Real estate development is an interesting and lucrative industry, but like all lucrative sectors, it also comes with a number of challenges. Another potential challenge in real estate development is choosing the right site. There are dos and don’ts of buying land for sale or development. Fleet Management Issues. Cost and Design.

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Development Industrial Construction Design 97

Housing Wire

JUNE 16, 2021

The NAR is calling for a “major national commitment” to build more housing of all types by expanding resources, addressing barriers to new development and making new housing construction an integral part of a national infrastructure strategy. According to the lobbying group, construction of long-term housing fell 5.5

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Marketing Construction Development Residential 535

Housing Wire

JANUARY 20, 2021

Other countries, including England, have developed digital national systems for processing and recording mortgage and property transactions. Across the country, local zoning ordinances have consistently been designed to inhibit the development of medium and high density-housing. As the U.S. In essence, the U.S. It’s time for the U.S.

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Renovation Industrial Development Land 410

Housing Wire

APRIL 18, 2023

Given that HELOC organizations are more streamlined than closed-end lending, there is greater importance for the adoption of electronic closing documents, MISMO said last week, calling for participants to join a new development workgroup (DWG). Meetings will be conducted regularly via conference call. rebranded as Rithm Capital ).

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Equity Lending Finance Loans 287

Housing Wire

FEBRUARY 1, 2024

The Brookings Institution summed it up well: “Today, downtown Detroit is nearly unrecognizable from previous decades, with new features such as the QLine streetcar system, a renovated Detroit Tigers ballpark, a riverwalk, and Campus Martius Park. Phenomenal fan base. Great city. It’s been through a lot. The downtown area, big time.

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Lending Equity Development Loans 382

Housing Wire

OCTOBER 10, 2023

A Comparative Market Analysis (CMA) is a detailed report that helps real estate agents evaluate and determine the market value of a property. It is an essential tool that allows agents to clearly communicate a pricing benchmark for a property. This may affect their life savings since buying a home is one of the largest purchases one can make! —

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Marketing Agents Closing Renovation 389

Housing Wire

JANUARY 12, 2024

The foundation would get what was described, in a January 2023 fundraising package, as a ‘prestigious headquarters … [and] site for small scale, but elegant events’ with its ‘voluminous library on American legal and constitutional development’ as a resource for nearby Roger Williams University ‘s law school.”

Mortgages 368

Mortgages Finance Lending Equity 368

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. The problem with private money lenders is that good ones are hard to come by. If your state requires a lending license, make sure a the lender is licensed.

Purchase and sale agreement 382

Purchase and sale agreement Investor Hard money loan Lending 382

Housing Wire

JULY 14, 2022

The role of renovators. It turns out local investors are also more efficient than banks and government agencies at renovating and reselling homes. Some might be surprised to hear about this trend toward higher owner-occupancy rates for foreclosed homes. Net owner-occupancy rates.

Renovation 341

Renovation MLS Investor Loans 341

Housing Wire

APRIL 27, 2023

These developments—and more—can be seen as cracks in the armor of a housing-industry sector that rose out of the ashes of the Great Recession and grew to become a thriving alternative for individuals locked out the home-purchase market by rapidly rising prices.

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Renovation Residential Commercial As-is 293

Housing Wire

OCTOBER 15, 2020

“We still have vacancy and blight issues but they are not crippling as they were a decade ago,” said Ian Beniston, executive director at the Youngstown Neighborhood Development Corporation (YNDC), a nonprofit community development corporation in Youngstown, Ohio. When we began a decade ago there was much more blight. in September.

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Development Renovation Land As-is 332

Housing Wire

JULY 21, 2021

The first house I rehabbed last year, it was a house that had fire damage in the kitchen, and it was just kind of an eyesore on a nice quiet street,” said McCormick, who said she purchased the home for $25,000 and then put $65,000 into renovations before selling to an owner-occupant buyer for $134,000. “It

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Investor Development Renovation Sales 457