Remove Definition Remove Insurance Remove Modernization
article thumbnail

Pretium acquires fix-and-flip lender Anchor

Housing Wire

. “We are seeing a significant increase in the investments required to upgrade today’s aging homes and modernize our infrastructure,” said Mullen in a statement. a publicly-traded mortgage REIT, entered into a definitive agreement to acquire Genesis Capital LLC from Goldman Sachs.

Investing 387
article thumbnail

Redfin, Zillow named in video privacy lawsuits

Housing Wire

Companies using tracking technology, including Redfin, have been the subjects of recent data privacy lawsuits brought by third-parties alleging that the use of this modern technology violates consumer privacy as defined by older laws. The class definitions for the Redfin suit are similar, and are divided into all persons in the U.S.

Insiders

Sign Up for our Newsletter

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

article thumbnail

The 4 biggest challenges of innovating in real estate

Housing Wire

Many of them are determined to make an impact in industries that have yet to be significantly modernized by technology. Building a business model or creating a solution that benefits more than one party is definitely feasible — but trying to solve for them all simultaneously is a common trap for entrepreneurs. Very regulated.

article thumbnail

Mortgage Lenders Reveal the Value of Streamlining Closing Cost Descriptions

Appraisal Buzz

Title insurance charges, appraisal fees, settlement fees, borrower credit report fees, mortgage origination fees, and real estate agent commissions are a few examples. These expenses have increased significantly in recent years, which makes buying a home extremely difficult for many first-time and low-income homebuyers.

Mortgage 195
article thumbnail

Race and the Property Valuation Industry

Appraisal Buzz

These color codes were designed to indicate where it was safe to insure mortgages. Anywhere African Americans lived or lived nearby, were colored red to indicate that these neighborhoods were too risky to insure mortgages. During this era, appraisers utilized comments regarding race that directly impacted home value estimates.

Valuation 370
article thumbnail

Editorial Advisory Board Outlook: Insights From Economist, GSEs

Appraisal Buzz

Meanwhile, several looming threats could potentially pull out the cushion completely, including rising “hidden” homeownership costs of insurance and property taxes in many markets, rising delinquency rates for consumer debt such as credit cards and auto loans, and falling values and rising defaults in segments of the commercial real estate market.

Appraisal 221
article thumbnail

3 Tips for Downsizing Your Home While Keeping Your Pet Safe and Happy

Cleveland Appraisal Blog

You can’t cater to your pet’s wishes all the time, especially as you downsize, and some of these changes will definitely cause anxiety for your animal. Hop online, plug a term like “ fencing companies near me ” into your favorite search engine, and read reviews to create your short list of licensed and insured contractors.

Appraisal 243