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14 real estate trends Gen Z buyers are looking for

Housing Wire

Homes that are not visually appealing may not get attention from Gen Z, so agents should help these buyers see the renovating and redecorating possibilities to match their personal aesthetic. Easy renovations are key For spaces that might not be immediately appealing, Gen Z wants those that can be easily renovated.

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How one lender is solving problems in the fix-and-flip space

Housing Wire

The typical house is now 39 years old — a far cry from the modern, move-in ready property that most homebuyers are looking for. The company has created a new vertical of loans and an entirely new LOS designed just for borrowers looking to purchase a home and renovate it to put back on the market. And total active listings?

Lending 459
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Why ADUs can be used for aging in place — and how reverse mortgages might help

Housing Wire

In one recent instance highlighted by the Los Angeles Times , one family turned to an ADU after finding limited options and is poised to see a loved one live in a modern, age-appropriate setting. Handbook, part of a wide-ranging reverse mortgage revision to that document earlier this year.

Mortgage 476
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The Role of Appraisal Review in the Risk System – Appraisal Revisions

Appraisal Buzz

Communication took on many forms, including development of written documents stating client reporting requirements, utilizing technology platforms to increase transparency throughout the appraisal process, and developing feedback to the appraiser on appraisal submissions. Appraisal Modernization. Progress in Revision Rates.

Appraisal 281
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7 Problems to Watch Out for During a Home Renovation

Eppraisal

Are you planning a home renovation to increase your property's value or preparing to sell your home in the future? Home renovations can be exciting and rewarding but can also come with their fair share of challenges. Plumbing Issues Plumbing issues can be a major headache during a renovation.

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7 Top-Rated Appraisal Job Aids (Free for Members)

McKissock

Renovation and Remodeling Appraisal Considerations When appraising proposed modifications, remodels, or renovations to a residential property, appraisers must decide the feasibility of the modification, if it adds any contributory value, if it extends the remaining economic life, or possibly improves the property’s marketability.

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How to Write Inspiring Real Estate Listing Descriptions

McKissock

recent renovations (appliances, doors, floors, etc.), of spacious elegance, natural oak floors throughout, and a modern gourmet kitchen. This is always attractive, as banks require too many documents and questions. and unique characteristics (lakefront lot, scenic views, etc.). Offer seller financing.