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Older Americans are ‘splurging’ on home modifications to support aging in place

Housing Wire

This is according to a story published this month by the The Associated Press , which examines steps that some older homeowners are taking to ensure they can remain in their homes, as opposed to relocating to a dedicated care facility or another living arrangement.

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NAR partners with RentRedi for benefits program

Housing Wire

The platform provides tools for both landlords and renters, which the company said is designed to automate and streamline the management process. “As RentRedi’s biggest investors include K1 Investment Management, RiverPark Ventures, TIA Ventures and Tribeca Early Stage Partners.

Landlords 426
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The most effective aging-in-place renovations, according to experts and retirees

Housing Wire

“Widening doorways, enlarging bathrooms and installing stair lifts in an older home can quickly become expensive,” the column said based on his input, but there are still less expensive options that can go a long way. It was terrifying to get into the shower by myself,” said a 67-year old retiree interviewed for the piece.

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Home equity access: How Finance of America bolsters the market with home equity products

Housing Wire

However, homeowners have a unique advantage with home equity products—designed to let residents tap into their home’s equity for cash. Mortgage professionals must keep up with the new demand for home equity products in the new market. HW: Can you talk a bit about how equity can be a proactive financing tool?

Finance 369
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Unlocking Home Values: The Top 5 Home Improvements for Maximum ROI

Eppraisal

While personal enjoyment is undoubtedly a priority, the return on investment (ROI) becomes a crucial factor, especially for those considering selling their homes in the future. Investing in a curb appeal overhaul is a wise choice. Neutral colors and timeless design choices in bathrooms tend to attract a broader range of buyers.

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The Loan Store launches a fast-funding HELOC in multiple states

Housing Wire

The Loan Store’s HELOC product is a standalone, fixed-rate line of credit that allows borrowers to tap into the equity of their homes, with credit lines ranging from $25,000 to $400,000. These funds can be utilized to consolidate debts or finance home improvement projects. The Loan Store, Inc.

Finance 370
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Home Improvement Cost vs. Value: Is Your Project Worth the Money?

PennyMac

Do you know the return on investment (ROI) of your renovation project? Some renovations can make your home more valuable. If you’re investing in a home renovation in hopes of recouping that money when you sell, it’s important to research and plan ahead before you begin to ensure you’re spending your money wisely.