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Home inspection startup PunchListUSA raises $39 million in Series A

Housing Wire

Charleston, South Carolina-based real estate tech firm PunchListUSA , which calls itself the first platform digitizing national home inspection data , closed on a $39 million Series A funding round this week. . PunchListUSA has now raised more than $49 million in equity capital since its inception in 2018. .

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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. The firm is growing rapidly to offer instant repair estimates and scale through process automation. He also held the role of senior vice president and director of valuation at New City Corporation.

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Porch.com makes Nasdaq debut, eyes acquisitions

Housing Wire

Porch, a home services marketplace with partners in insurance, utilities, home inspection and moving, plans to use the cash to pursue acquisitions to seize the opportunity in real estate. Porch lost over $103 million in 2019 and $50 million in 2018. They’ll also focus on the home insurance industry.

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Opinion: tools for landlords to help low-income tenants

Housing Wire

Some landlords don’t accept vouchers In fact, a 2018 Urban Institute study found more than 70% of landlords in Fort Worth and Los Angeles did not accept vouchers. The bill would also reduce the burden of inspections by enabling landlords to meet voucher inspection requirements for their units if they were inspected in the past year.

Landlords 418
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Opinion: Investors play key role in providing affordable housing options

Housing Wire

Selling a home typically involves nearly 10% in transaction fees between real estate agents , title companies, inspections, and other expenses. RentCafe reported the average size of an apartment in the United States in 2018 to be 941 square feet. A study from Freddie Mac reported that, as of 2018, 51% of homes in the U.S.

Investors 435
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Clear Capital launches appraisal tool to speed photo review

Housing Wire

Government Accountability Office , in 2018, the average number of days needed to complete a residential real estate appraisal by state ranged from seven days in California to 21 days in North Dakota. According to a recently published study by the U.S.

Tools 459
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Appraisal Inspection Vs. Home Inspection: Your Role as an Appraiser

McKissock

Appraisers often balk at assignments that require a more detailed inspection of the subject property (e.g., ” Do you believe you are acting as a home inspector when you complete a property inspection as part of an FHA assignment? Appraisers perform similar inspections, to one degree or another, in most appraisal assignments.