Housing Wire

APRIL 18, 2023

MISMO , the real estate finance industry’s standards organization and a subsidiary of the Mortgage Bankers Association , plans to launch a working group that will create standards for Electronic Home Equity Lines of Credit (eHELOC). Meetings will be conducted regularly via conference call.

Equity 287

Equity Lending Finance Loans 287

Housing Wire

DECEMBER 14, 2023

Tomb also noted that ALTA was troubled by the fact that Fannie Mae’s announcement came without any discussion with the title insurance industry. In an emailed statement, a Fannie Mae spokesperson wrote that the GSE is continuing to explore ways to improve housing affordability by reducing closing costs.

Title 348

Title Land Finance Loans 348

Real Trends

MARCH 7, 2023

Presale home renovation company Revive Real Estate partnered with independent real estate franchise NextHome to provide move-in ready homes to clients of more than 5,500 NextHome agents in 610 offices across 48 states, the companies announced on Tuesday. The company claims that listed renovated homes sell faster than those that are not.

Renovation 80

Renovation Brokerage Sales Construction 80

Realty Biz

OCTOBER 10, 2023

Here is what you can do when it comes to marketing properties in the current state of the real estate industry. Does it have unique features such as a renovated kitchen or a large backyard? Some common buyer incentives include closing cost assistance, a home warranty, or a free move-in. Be flexible with your closing date.

Industrial 86

Industrial Marketing Staging Closing costs 86

Housing Wire

MARCH 4, 2022

gap in the level of employment compared to February 2020, and at this pace, the gap could be closed in three months.”. Could renovated foreclosure resales help solve the nation’s increasingly complex affordable housing puzzle? The rise is positive news for an industry that has been grappling with chronic labor shortages.

Residential 370

Residential Construction Renovation Industrial 370

Housing Wire

NOVEMBER 8, 2023

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. In November 2021, about four years after its first home sale, Zillow decided to close its iBuying division. Opendoor’s stock closed at $2.09

Marketing 405

Marketing Investor Sales Renovation 405

Realtor.com

NOVEMBER 10, 2022

On the contrary, it’s full steam ahead: More than a third (37%) proudly say they’ve finished a home renovation project in 2022, with half of this cohort saying they’ll start hammering away on new upgrades starting next year. The top challenges renovating today. Exteriors are getting new windows and skylights.

Renovation 81

Renovation Design Technology Industrial 81

Housing Wire

JANUARY 20, 2021

rushes to inoculate the current global health crisis, the real estate and mortgage finance industries are facing their second wave of significant industry headwinds in little over a decade. First, we need to standardize and digitize the regulatory infrastructure the entire industry relies upon. As the U.S.

Renovation 410

Renovation Industrial Development Land 410

Realty Biz

OCTOBER 21, 2021

As with most things, COVID slammed the real estate industry to a halt before being thrust into some fast changes. Many industries had been resistant to the evolution from wet signatures to e-signatures. Spaces are designed using digital software that adds 3D furniture and, in some cases, can even show a property’s renovation potential.

Technology 97

Technology Industrial Staging Commercial 97

Housing Wire

SEPTEMBER 22, 2022

With mortgage rates nearly doubling from the start of 2022, the LO, who has more than 20 years of experience in the industry, says it’s painful to see deals simply disappear. During the past 18 months — when refis were low-hanging fruit — the LO closed around $3 million a month. And it’s going to get worse.

Mortgages 379

Mortgages Loan Officer Loans Equity 379

Realtor.com

DECEMBER 11, 2020

HGTV Whether a house is big or small, renovations are a lot of work—as the teams on “Flipping Across America” (hosted by Alison Victoria ) learn during their latest flips. In the episode “What You Get for the Money,” Jon Pierre and Mary Tjon-Joe-Pin of “Going for Sold” renovate a large, 2,200-square-foot, three-bedroom home in Houston.

Renovation 100

Renovation Closing costs Staging Closing 100

HomeLight

FEBRUARY 4, 2022

The pandemic cast our homes in a whole new light and subsequently shifted which renovations increase home value. One-third of top agents in a HomeLight survey ranked “the desire to make homes a sanctuary from the world” as the number-one reason for renovations in their market. Get a Home Value Estimate Before You Renovate.

Renovation 121

Renovation Agents As-is Design 121

Housing Wire

FEBRUARY 18, 2022

Automated Valuation Models (AVMs) are commonly used today in the mortgage industry to help support the appraiser’s concluded value. The mortgage industry has begun advancing initiatives to allow technology and big data to take the next steps in the development of things like more accurate AVMs. ” Amazing, right?

Commercial 363

Commercial Renovation Technology Inspection 363

Housing Wire

MARCH 22, 2021

The Insurance Commissioner for the state of Washington apparently concluded that Modus offered real estate agents and their clients a “thing of value,” such as free home warranties, other closing-related services, in exchange for switching their escrow and title services to Modus.

Title 423

Title Staging Brokerage Renovation 423

Housing Wire

FEBRUARY 20, 2024

Several historic events over the past few years have brought seismic changes to the way the mortgage lending industry operates. The LO as an “order taker” vs. a financial advisor Unlike top producers in many other industries, mortgage LOs were not completely sidelined by the pandemic.

Loan Officer 372

Loan Officer Lending Technology Loans 372

Housing Wire

FEBRUARY 16, 2022

In today’s competitive real estate market, an increasing number of real estate investors are turning to private money lenders to help them close deals faster, enhance property valuations, and increase their returns. Real estate is a people-oriented industry, and practically everyone in it knows that.

Purchase and sale agreement 382

Purchase and sale agreement Investor Hard money loan Lending 382

Housing Wire

DECEMBER 2, 2022

The combined volume of home equity lines of credit (HELOCs) and traditional closed-end home equity loans are up 47% from January to May 2022. One customer recently closed 40 loans over two weeks, 93% of which were solely attributed to CoreLogic Prospecting Solutions. Identifying HELOC opportunities.

Marketing 330

Marketing Equity Loans Renovation 330

Housing Wire

APRIL 14, 2022

This update aligns with industry policy and gives lenders an option, typically used for refinance transactions,” Fannie Mae wrote in response to HousingWire’s query. The American Land Title Association , the primary trade organization for the title industry, expressed a similar view. “We

Title 379

Title Loans Land Industrial 379

Propmodo

APRIL 6, 2023

But recently, women have made strides in growing their presence in the industry, and a recent occurrence at Walker & Dunlop serves as evidence of progress. Men have always dominated commercial real estate. The commercial real estate finance and advisory firm created its first all-women leadership team.

Lending 40

Lending Industrial Commercial Renovation 40

Housing Wire

JUNE 30, 2022

Not only does Flagstar offer brokers direct access to seasoned sales, support and underwriting teams, it also provides a product set that includes specialty lending options like Advantage non-agency loan, jumbos, new construction, renovation products and HELOCs, and in the pipeline, loans to foreign nationals, seconds and investor property loans.

Lending 321

Lending Banks Technology New Construction 321

The Close

JUNE 16, 2022

Finding the perfect real estate closing gift for every buyer and seller you work with isn’t easy. A tall order to be sure, so here are our picks for the best real estate closing gifts for 2022: 1. The best closing gifts do two things: They show your former client you actually care, and they keep you top of mind to generate referrals.

Closing 98

Closing Branding Design Agents 98

RIS Media

MARCH 13, 2024

Schwalb announced the filing of a lawsuit against Curbio, a national pre-sale home renovation platform, for allegedly taking part in a scheme targeting the elderly and financially disadvantaged. Attorney General (AG) Brian L.

Renovation 119

Renovation Closing Sales MLS 119

Realty Biz

JUNE 27, 2022

Custom Fit Real Estate is modernizing the industry, but still dishing out the same superior service to its clients, backed by the client first-profits second mentality. We want to see the entire process through with you, from renovation to closing sale.”. We aren’t here to give you bills, take your money and time, and walk away.

Industrial 69

Industrial Renovation Brokerage Technology 69

Housing Wire

FEBRUARY 24, 2021

Successful agents, brokerages and loan officers of the future are going to rely significantly on technology to find, nurture and engage with buyers and sellers while also playing an expanding role as personal advisors in all things related to mortgage, insurance, moving, renovating and new home transitioning. How do I find a doctor?

Pre-qualification 291

Pre-qualification Agents Loan Officer Technology 291

Housing Wire

JULY 20, 2021

Mortgage professionals never know what the industry will throw at them, so staying on top of market shifts can help originators prepare for what’s to come. After a season of high refinance volume, what is next for the mortgage industry and how can originators stand out amongst the competition? High-Priced Markets & Real Estate.

Marketing 367

Marketing Lending Loans Mortgages 367

Housing Wire

APRIL 9, 2021

Using another new tool, called “Raveis Refresh,” WRRE prepares the home for sale by making any necessary upgrades and renovations to maximize the home’s value and ensure that it sells above market average and quickly. billion in closed sales volume in 2020.

Equity 403

Equity Brokerage Mortgages Title 403

Housing Wire

SEPTEMBER 19, 2023

A home inspection hasn’t yielded any problems, so nothing is standing in the way of closing, right? This includes foreclosed properties, flipped properties, distressed properties, commercial properties and industrial properties. You’ve found a house for your buyer or a buyer for the home you’re selling. Not necessarily.

Agents 440

Agents Inspection Sales Commercial 440

Housing Wire

MAY 20, 2022

COVID changed the real estate industry in a big way since it provided many people with an opportunity to work remotely and live almost anywhere. If your home is more of an investment home, investors often want a home already outfitted with tenants or an underpriced home, so there’s room in the pricing to cover the cost of renovations.

Short sale 384

Short sale Investor Banks Agents 384

Housing Wire

APRIL 22, 2024

This is especially effective if you’re newly licensed, just moved to a new area, or simply as an introduction if you’ve haven’t previously told your neighbors that you’re in the real estate industry. Dear (first name), I know we are neighbors, yet I wanted to formally introduce myself and let you know I am a resource available to you!

Brokerage 351

Brokerage Investor Agents Pre-approval 351

First Team Real Estate

AUGUST 3, 2020

LAGUNA BEACH, CA – Providing her seller with the signature quality service that has made her an industry leader , Meital Taub successfully closed the sale of 112 S La Senda Drive in Laguna Beach for $7,255,000. The post Top-Producing Luxury Real Estate Agent Meital Taub Closes Sale On $7.25

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Closing Sales Agents Staging 98

HomeLight

MARCH 29, 2024

The sales comparison approach is where the word “ comp ” comes from in the real estate industry, explains Tom Horn , a leading appraiser in Alabama with more than 34 years of experience. “We Basically, we’re trying to find as close to the exact same properties as we can to come up with a value based on the market demand in that area.”

Sales 104

Sales Renovation Land Construction 104

The Close

FEBRUARY 14, 2024

The real estate industry constantly changes. So, let’s turn up the brightness and shed some light on the real estate industry. Investments & Improvements Myth #6: Major Renovations Guarantee a Return on Investment Home tastes and styles change. Some clients may even ask if they should look into a HELOC for renovations.

Pre-approval 98

Pre-approval Earnest money deposit MLS Renovation 98

Housing Wire

DECEMBER 12, 2022

” In fact, the correspondent channel is a relatively bright spot for a mortgage industry that’s had a devil of a time in 2022. There’s a reason the correspondent channel has grown during such a dark time for the mortgage industry. of the total first-line originations in the fourth quarter of 2021 to 27.9%

Marketing 378

Marketing Lending Banks Loans 378

Realty Biz

OCTOBER 21, 2021

For each property it buys, it then makes some renovations before putting it back on the market and trying to sell at a profit. The company says the pause announced Monday is temporary and that it will continue to renovate and attempt to resell its existing inventory of homes.

Renovation 82

Renovation Construction Investor Industrial 82

Housing Wire

FEBRUARY 8, 2024

They’ll want to know you have what it takes to close the type of deal they are looking for, and that you can help them reach their financial goals. Jane Doe is an industry-leading Realtor with a talent for selling unique properties.” But on a more basic level, people like to connect human-to-human. So let your personality shine.

Agents 381

Agents Construction Design Branding 381

Housing Wire

JANUARY 6, 2023

The name of the game in the industry was purchase mortgages. Some LOs have or plan on getting licenses in multiple states to close more sales. Chris Gallo: No, I’ve given that to my brother, who is two and half years in the industry. Connie Kim: What’s your take on LOs compensation in the industry?

Loan Officer 381

Loan Officer Loans Equity Mortgages 381

Propmodo

MARCH 21, 2024

They tend to be in the heart of busy CBDs and close to main transit hubs. Being close to a transportation hub, especially one where commuters from outer areas like New Jersey, Connecticut, and Long Island travel into, is a big selling point. Prime location is also one of the main traits of a trophy tower.

Renovation 107

Renovation Design As-is Land 107