Housing Wire
MARCH 5, 2025
With home prices at an all-time high, it’s just tough to fit folks inside that box, so FHA has definitely seen an uptick. More renovations? While most of Shank’s book of business is tied to VA loans, he says he’s seeing an uptick in renovation loans across FHA and VA channels.
Housing Wire
FEBRUARY 25, 2025
Constitution Lending rates and terms Interest rate 9.5 - 12% Loan-to-value Up to 75% for purchase loans, up to 90% for renovation financing Upfront fees 2-4% of loan amount Credit requirement 600 Minimum Credit Score Investing experience None required, but a strong business plan can help odds of approval.
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Housing Wire
JUNE 21, 2024
Citing a Centers for Disease Control and Prevention (CDC) definition of aging in place as “the ability to live in one’s own home and community safely, independently and comfortably, regardless of age, income or ability level,” columnists Edd and Cynthia Staton write that all potential factors should be considered before someone commits. “In
Housing Wire
JULY 10, 2024
But when the apartment’s landlord declared that all units in the building would be renovated and force all current tenants out, the clock began ticking for a solution. And you definitely have to let the contractor do that heavy leg work for the building side of it, and work together with them each step of the way.”
Housing Wire
JANUARY 4, 2024
While home equity can certainly be a beneficial tool for some seniors to deploy, it will not always be a definitive answer for every senior’s needs. Older Americans are forced to navigate a series of serious financial challenges compounded by their needs for both housing and later life care.
Housing Wire
JUNE 10, 2021
While a real estate agent’s commission is one of the most expensive costs, it definitely isn’t the only one. Home improvements and renovations are also important to buyers. According to Zillow and Thumbtack’s Hidden Costs of Selling Analysis , the average homeowner spends over $15,000 in “hidden costs” to sell their home.
Housing Wire
MAY 17, 2023
In fact, ATTOM reports that one in 12 home sales in the nation last year, or 8.4%, involved fix and flip investors — whose strategy is to acquire, renovate (fix) and then resell (flip) the properties. People are calling it the Great Renovation. Lind agrees that longer-term, the outlook for the fix and flip market remains strong. “We
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