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Cash offer startup Accept.inc raises 90M in debt and equity

Housing Wire

Mortgage startup Accept.inc announced Thursday it raised $90 million in debt and equity. Led by venture capitalist firm Signal Fire as well as existing seed investors Y Combinator and DN Capital , Accept.inc said it plans to use the funding to scale its platform, double its team size and enter new markets.

Equity 319
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PunchList USA names chief product and data officer 

Housing Wire

PunchListUSA , a real estate technology platform digitizing home inspection data, has named Stefan Pampulov as its chief product and data officer. In 2022, the firm secured an oversubscribed $39 million Series A funding round, bringing the total equity capital to $49 million since its inception.

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BOSSCAT™ Introduces HOMEBASE™ for Personalized Home Management and Predictive Recommendations to Grow Equity

Realty Biz

Converting home inspection data into instant estimates and enabling online ordering of repair, renovation, and maintenance services is reshaping how homeowners interact with their properties. The company has secured an exclusive partnership with Pillar To Post™, North America's largest home inspection company.

Equity 81
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Fannie Mae pays $53M to settle recession-era discrimination suit

Housing Wire

Amid protests set off by George Floyd’s death, Fannie Mae ’s CEO issued a public statement about its commitment to racial equity. I told him, ‘We have this serious racial equity issue still pending, and I hope Fannie Mae is serious about it.’” Instead, investors bought the run-down properties in bulk sales.

Equity 372
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Accurate Group acquires eMerge Property Solutions

Housing Wire

eMerge, a company that offers alternative valuation solutions, including broker price opinions (BPOs), will allow Accurate Group to increase its broker network and leverage property inspection technology, the company said. In August, the company received a strategic investment by the private equity firm Novacap to accelerate its growth plan.

Title 352
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What will property preservation look like in 2023?

Housing Wire

In October, the company added more than 275 subcontractors that complete inspections, preservation and yard/snow services to its network. In terms of 2022 as a whole, Safeguard has added more than 4200 people working at the numerous preservation, lawn service, inspection and various trades that are part of the company’s network.

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Download these 9 real estate prospecting letter templates that actually work

Housing Wire

I would be happy to give you an equity analysis and let you know how much equity you have in your home. Perhaps they don’t receive strong enough offers or struggle to address issues that arise at home inspection. Targeting investors and tailoring your real estate prospecting letters to their needs and is very smart.

Brokerage 341