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Offerpad lands $600M more in credit to power iBuying

Housing Wire

Bair has maintained that Offerpad possesses the operational logistics to accurately value homes as well as provide renovation services that prompt a house to resell for a profit. The post Offerpad lands $600M more in credit to power iBuying appeared first on HousingWire. 20 Securities and Exchange Commission filing. million loss. “In

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Renovated Home Alone House is Listed for $5.25 Million

BAM Media

You’ll want to make sure your jaw has a soft landing. Also, in 2018, the entire home was “fully renovated and expanded,” according to Zillow. Email Subscribe The post Renovated Home Alone House is Listed for $5.25 The house featured as the McCallister family residence in Home Alone is now for sale. Grab a pillow. Grab a pillow.

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Fannie Mae expands use of AOLs in selling guide update

Housing Wire

The American Land Title Association has been a vocal critic of AOLs since Fannie Mae’s announcement nearly two years ago. Fannie Mae first announced that it would accept loans secured with an AOL in lieu of title insurance in limited circumstance in April 2022.

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HUD affordability plan doesn’t include lowering FHA premiums

Housing Wire

Senior officials at the Department of Housing and Urban Development , which houses the FHA, said today during a press briefing that it would focus on improving financing for manufactured homes and revamp its renovation financing. In some cases, the borrower’s family member or acquaintance owns the land.

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VA makes major change to America’s most underutilized mortgage program

Housing Wire

The program provides direct loans to Native American veterans and veterans who are married to Native American non-veterans to help with the purchase, construction or renovation of a home on trust land. Native Americans often face difficulty when accessing credit on tribal lands. interest rate for the life of the loan.

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Existing Elements of Farm Land to Consider Before Purchasing

Realty Biz

Engage with local farmers and neighbors to gather insights into the land's historical performance. Assessing Irrigation and Drainage Water is necessary for life, and understanding its dynamics on your potential land is crucial. Ensure your land has effective drainage to prevent waterlogging and safeguard your crops.

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How to Handle Renovation Properties

The Residential Specialist

Our experts share how to handle renovation properties to get the best results. Some homes require extensive updates prior to selling, while others must be marketed as purely renovation projects or complete tear-down opportunities. To renovate or not to renovate. By Jenna Grundtner. Pricing as-is.