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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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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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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 332
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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 323
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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 303
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Finance of America to acquire Parkside’s wholesale biz

Housing Wire

The acquisition of Parkside’s wholesale business comes roughly one month after Finance of America’s acquisition of Renovate America’s Benji business , an expansion into the home improvement lending space. Similarly, New Residential Investment Corp.

Finance 368
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What renovations will add value to my home?

Housing Wire

That’s partly why people are spending significant time, energy and money on home renovation projects these days. It’s no secret that home improvements can be a costly endeavor. If you’re looking to increase the value of your home or prepare it for resale, certain renovations may take its appeal to the next level.