article thumbnail

CMG Financial adds Shamrock’s $300M-plus origination team

Housing Wire

Shamrock ‘s chief growth officer Kurt Noyce and president Rod Correia will lead the team of sales and support professionals, which will remain in their current locations. The group will be branded as Shamrock, Powered by CMG Home Loans. year over year.

article thumbnail

DataDigest: iBuyers slide farther from hyped market disruption

Housing Wire

Offerpad is an instant buyer, or iBuyer, a company that gives sellers cash offers for their homes and attempts to resell the homes for a profit, sometimes after making renovations. The Opendoor presentation projected sales of more than 37,500 homes in 2023. “The largest, undisrupted market in the U.S.,” billion last year.

Marketing 402
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

FHA institutes new payment supplement partial claim

Housing Wire

Regarding other initiatives, Gordon said the FHA is “also hoping soon to put out our servicing defect taxonomy ” and, in the near future, will be releasing a mortgagee letter for the 203(k) renovation loan program. During this period, the mortgage will not be modified, facilitating the sale to Ginnie Mae.

Principal 375
article thumbnail

Is Home Renovation Necessary Before Listing In Hot Markets?

RIS Media

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. The post Is Home Renovation Necessary Before Listing In Hot Markets? Go Big or Go Home.

article thumbnail

Six Kitchen Renovations With a High Return on Investment

RIS Media

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.

article thumbnail

How top LOs plan to beat the odds in 2023

Housing Wire

What tends to happen is, whenever there’s a lot of recession talk, that’s not when you generally see brands rolling out new products,” Shant Banosian , EVP at Guaranteed Rate and one of Scotsman Guide ‘s top LOs, said. . “I Instead, they’ll be seeking to renovate their homes.”. Mortgage products expected to get love .

Loans 386
article thumbnail

Tips and Strategies For a Successful Spring Home Sale

Realty Biz

Repairs & Renovations: Take care of minor repairs by fixing handles and loose doorknobs, fixing leaky faucets, and patching wall holes for a neat presentation. Repaint high-traffic areas like kitchens or hallways using neutral colors; touch up doors and trims where necessary to make them look brand new. They also sell for 2% more.

Sales 109