article thumbnail

Incenter Lender Services promotes Sara Parrish to COO

Housing Wire

” Incenter has businesses focused on capital markets, loan diligence, student lending, insurance, property tax, accounting and marketing. In May 2023, the subsidiary launched a new digital MSR exchange , known as eMSR Exchange, which connects buyers and sellers of co-issue flow offerings online and provides 24/7 pricing.

article thumbnail

Fix and flip market struggles as financing costs rise

Housing Wire

At that margin, ATTOM notes, the cost of renovations, property taxes, mortgage interest and other expenses — which in total consume 20% to 33% of the resale value — could easily cancel out any return on investment for the flipper. How long that can continue is hard to say.”

Finance 370
Insiders

Sign Up for our Newsletter

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

article thumbnail

Q1 Home-Flipping Activity Jumps as Profit Rebound Continues 

Appraisal Buzz

The normal first-quarter profit margin for home flips, calculated as the difference between the median buy and median resale price, was roughly 25 percentage points lower than the peak reached in 2016. level in mid-2016 and the more recent top of 48.8% of the 67,817 properties flipped in the U.S. This resulted in a usual 30.2%

Investors 435
article thumbnail

How Residential Real Estate Appraisers Can Benefit and Help Accountants Do Their Job

Birmingham Appraisal

Their expertise goes beyond helping buyers and sellers determine accurate market value. Tax Planning and Compliance Facilitating Accurate Tax Assessments Accurate property valuation is crucial for proper tax planning and compliance. Let me be your appraisal resource in 2016

article thumbnail

MINNEAPOLIS MULTI-FAMILY TRENDS – IMPACTS OF 2020

Simonson Real Estate

from 2019 to 3 rd Quarter 2020, including new properties still in the lease-up phase. annually from 2016 to 2019 slowed to a positive 1.2% We went straight to the source and conducted interviews of actual owners, buyers, sellers, managers, and brokers that are active in the current market to get statistics to apply in our analysis.

Landlords 117
article thumbnail

3 Things to Do When Your Neighbors List Their Home for Sale

Zillow

Or an issue with a broken fence and you want the new buyer to know about it? While sellers in most states have a duty to disclose issues to potential buyers , not all areas require this. Do your new neighbor-to-be a favor and alert the seller’s agent to anything the buyer needs to know about your neighbor’s property.

article thumbnail

Affordable housing inventory is limited due to foreclosure prevention efforts

Housing Wire

That key source of affordable housing inventory: distressed properties sold to third-party buyers or repossessed by lenders at foreclosure auction. My renovated homes are] reducing the number of rental properties , which in our town has become a source of demise.” This also raises the properties and neighborhoods values.

Inventory 435