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Fannie Mae Enhances Its Expanded Housing Choice Program

Appraisal Buzz

Fannie Mae has announced enhancements to its Expanded Housing Choice (EHC) initiative , making the program available in all jurisdictions without a source of income protections, for new loans to multifamily property owners who accept U.S. Department of Housing & Urban Development (HUD) Housing Choice Vouchers (HCVs).

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Nonprofits Leverage ADUs to Tackle Affordable Housing Crisis

Appraisal Buzz

In New York City, the Basement Apartments Safe for Everyone (BASE) Campaign advocates for legalizing and upgrading underground apartments, many of which qualify as interior ADUs. Innovations and Challenges in ADU Development These ADU programs showcase a range of innovations to meet specific housing needs.

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Waltz launches streamlined financing option for international homebuyers

Housing Wire

” Waltz aims to support international buyers with a “comprehensive” solution that covers the compliance, legal, banking and regulatory processes to close the purchase process within 30 days. Loans are asset based and rely on the cash flow of the property rather than the borrower’s personal income.

Finance 448
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Crisis management in real estate: 8 tips for handling difficult situations

Housing Wire

As with establishing effective communication expectations early on, developing a crisis management plan before you need it will allow you to effectively deal with unexpected problems. Legal disputes. Technology is critical when it comes to streamlining communication, managing data, and responding to emergency situations.

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Opinion: More can be done to shorten the average time to close

Housing Wire

Yes, the complex legal and regulatory web that can vary from state to state and even city to city doesn’t invite a quick and smooth passage to the closing. There’s no uniform method of determining if a property management firm represents an HOA and, if so, which firm. It doesn’t lend itself to a 24-hour cycle.

HOA 488
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Opinion: More should be done to shorten the average time to close

Housing Wire

And the complex legal and regulatory web that can vary from state to state and even city to city doesn’t invite a quick and smooth passage to the closing. There’s no uniform method of determining if a property management firm represents an HOA and, if so, which firm. It doesn’t lend itself to a 24-hour cycle.

HOA 459
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Navigating agent attrition

Housing Wire

The challenge of agent attrition All these developments have had a significant effect on the stability and growth of the real estate industry. This includes understanding rental market trends, legal requirements, and best practices for property management. increased notably, it has dropped significantly since then.

Agents 396