Housing Wire

APRIL 2, 2021

Finance of America on Monday will become the latest lender to make its debut on the New York Stock Exchange. To coincide with the IPO, institutional investors have pledged to make a private investment of $250 million in the company. According to Inside Mortgage Finance, FOA was the 26th largest mortgage originator by volume in 2020.

Finance 281

Finance Renovations Investors Retail 281

Housing Wire

JULY 19, 2024

Headquartered in Southern California , AscentDS will focus on providing customized financing solutions to single-family and multifamily housing developers and investors across the nation. Founder and CEO Robert Wasmund has a deep background in the residential construction and bridge lending industry. “We now known as Rithm Capital.

Construction 414

Construction Development Finance Lending 414

Housing Wire

JULY 8, 2024

Global asset manager Bain Capital announced Monday that it has acquired a controlling stake in Archwest Capital , a California -based company that offers financing to residential real estate investors. Archwest provides business-purpose financing for single-family and multifamily homes, as well as mixed-use and commercial properties.

Investing 376

Investing Legal Lending Landlords 376

Housing Wire

AUGUST 27, 2024

The 203(k) program allows for the inclusion of repair or renovation costs within a single mortgage to purchase or refinance a home. The “standard” option is for substantial repairs, while the “limited” option is for more minor repairs or renovations. Department of Housing and Urban Development (HUD).

Renovations 379

Renovations Modernization Insurance Finance 379

Housing Wire

OCTOBER 24, 2024

My mom and stepdad went into pre-foreclosure,” said Sandoval, a real estate agent and investor who specializes in working in low-income, often Latino neighborhoods in Southern California. “I Many of the distressed properties Sandoval encounters are not in good enough condition to qualify for traditional financing.

Retail 430

Retail Buyers Renovations Finance 430

Appraisal Buzz

JUNE 14, 2024

In a landscape marked by limited turnkey housing inventory, significant affordability issues, and relentless competition from cash-rich investors, homebuyers need more than plain vanilla home loans. This represents a competitive challenge for buyers relying on financing.

Marketing 396

Marketing Renovations Construction Finance 396

Housing Wire

JULY 5, 2022

Specialty finance company Redwood Trust Inc. CoreVest provides financing to real estate investors across the country and as of late June boasted more than $15 billion in loans closed and some 125,000 units financed, according to the lender. billion single-family and multifamily loans nationwide.

Finance 382

Finance Renovations Real Estate Investors 382

Housing Wire

FEBRUARY 16, 2022

In today’s competitive real estate market, an increasing number of real estate investors are turning to private money lenders to help them close deals faster, enhance property valuations, and increase their returns. Property managers and real estate agents who are interested in working with investors.

Real Estate 397

Real Estate Investing Investors Renovations 397

Housing Wire

MARCH 3, 2021

The programs include MAXEX Sustainable, which allows borrowers to finance green energy renovations into their 30-year fixed mortgage, and allows for residential solar panels and geothermal units to be amortized in the loan at the point of purchase or refinance. Both programs are offered for loan values from $400,000 to $3 million.

Home Improvement 467

Home Improvement Renovations Finance Lending 467

Housing Wire

SEPTEMBER 24, 2021

As investors recognize the potential these older properties hold and the inventory and profits they could open up in such a red-hot housing market, demand for older, more distressed properties should increase. Through this program, Acra aims to remove many of the financing hurdles typically faced by those in the fix-and-flip sector.

Lending 392

Lending Renovations Finance Investors 392

Housing Wire

AUGUST 2, 2024

Private equity firm Exuma Capital Partners announced that it is the lead investor for a newly launched, AI-powered homeowner management tool called Property.com. An AI assistant called Revana will provide personalized help with renovations, installations and maintenance. AI has been top of mind for the real estate industry.

Real Estate Agent 407

Real Estate Agent Real Estate Tools Renovations 407

Housing Wire

MARCH 14, 2024

Treasury Department , given to specialized organizations that provide financial services to low-income communities and others who lack financing options. Change Lending’s services include small-business loans and lines of credit, investor real estate loans, rehab loans and renovation loans, according to its website.

Lending 373

Lending Renovations Legal Real Estate 373

Housing Wire

FEBRUARY 12, 2024

A group of investors led by Colorado-based fund manager Proprietary Capital has completed the acquisition of multichannel lender American Financial Resources (AFR), the parties announced on Monday. The financials of the deal were not disclosed.

Lending 358

Lending Renovations Construction Finance 358

Housing Wire

JULY 14, 2022

It is counter to a popular and politically potent narrative grounded in the aftermath of the Great Recession, when large institutional investors scooped up thousands of properties at foreclosure auction. The role of renovators. These are local investors buying a few properties in communities where they live and work.

Renovations 324

Renovations Investors Retail Buyers 324

Housing Wire

SEPTEMBER 17, 2024

Home equity solutions provider Unison launched a new product on Tuesday that combines the features of traditional mortgage financing and emerging home equity investment (HEI) options. Companies like Point , Hometap , Unlock and Aspire are making HEIs available to consumers, a task made easier through demand from secondary market investors.

Renovations 391

Renovations Investing Finance Investors 391

Appraisal Buzz

JUNE 3, 2024

Let me explain — in 2021-2022, many investors purchased properties at high prices, using 2 and 3-year bridge loans. Meeting their mortgage and investor obligations will be difficult for these aggressive operators. Investors should conservatively underwrite how interest rates will affect their investment. Some will make it.

Investors 195

Investors Marketing Renovations Real Estate 195

Housing Wire

JULY 23, 2021

Fix n’ flip loans are ideal for investors and developers looking to purchase a home and renovate it. Through these loans, developers and investors are able to bring new stock to the market that may have been previously overlooked or passed up. We’re very excited to enter the fix’n’flip space.

Housing Market 459

Housing Market Marketing Inventory Lending 459

Housing Wire

OCTOBER 17, 2023

Still, even in this difficult-to-agonizing supply-challenged housing market, SFR and fix-and-flip investors, which both target existing-home inventory, are still finding ways to make a profit — at a thin margin in most cases, but a profit, nonetheless. That’s particularly true for mom-and-pop investors across both market segments.

Investors 376

Investors Investing Inventory Real Estate 376

Appraisal Buzz

JUNE 20, 2024

As flipping rates rose, good luck seemed to improve for investors who bought and swiftly sold residences. It also remained within a range that might be easily depleted by carrying costs such as renovation fees, mortgage payments, and property taxes. The latest figure was up from 7.7% of all home sales in the U.S. in Q1 of last year.

Investors 435

Investors Property Taxes Renovations Investing 435

Housing Wire

AUGUST 10, 2023

Meanwhile, innovation-driven transparency is helping to make distressed property auctions more accessible for these owner-occupant buyers as well as for local community developer buyers who, it turns out, sell most of their renovated foreclosures to owner-occupants.

Renovations 328

Renovations Buyers Development Insurance 328

Housing Wire

NOVEMBER 8, 2023

presentation to investors in the blank-check SPAC that took the company public in 2020. Offerpad is an instant buyer, or iBuyer, a company that gives sellers cash offers for their homes and attempts to resell the homes for a profit, sometimes after making renovations. “The largest, undisrupted market in the U.S.,”

Marketing 429

Marketing Inventory Renovations Investors 429

Housing Wire

APRIL 20, 2022

Homepoint’s “New Build program” connects homebuilders with business purpose construction financing through in-region mortgage brokers, with loan amounts up to $4 million per unit or $25 million per project. It’s also assessing a variety of other products to service a market that is now heavily purchase-focused.

Supply Chain 366

Supply Chain Construction Renovations Investors 366

Cleveland Appraisal Blog

AUGUST 25, 2022

You’ve just purchased your first property to renovate. Today, Cleveland Appraisal Blog shares a few tips for first-time investors. Keep in mind that investment homebuyers will be required to put down a minimum of 15% to secure financing, according to Lending Tree. Let the Renovations Begin! Decide on How to Proceed.

Investing 332

Investing Renovations Landlords Real Estate 332

Housing Wire

MAY 20, 2022

Investment homes often take longer to sell because your audience is other investors. If your home is more of an investment home, investors often want a home already outfitted with tenants or an underpriced home, so there’s room in the pricing to cover the cost of renovations. Sell to Other Investors Using Roofstock Marketplace.

Real Estate Agent 401

Real Estate Agent Tenants Real Estate Agents 401

Housing Wire

OCTOBER 23, 2024

Despite eliminating MI, the company has set credit scores and DTI limits that its investor partners are comfortable with to balance risk while expanding the product’s appeal. Whether UWM plans to hold these loans in its portfolio or sell them to private investors remains unclear.

Insurance 421

Insurance Mortgage Investors Renovations 421

Housing Wire

APRIL 9, 2021

Using another new tool, called “Raveis Refresh,” WRRE prepares the home for sale by making any necessary upgrades and renovations to maximize the home’s value and ensure that it sells above market average and quickly. Its agents are tasked with marketing and selling the home, using their local expertise, Raveis said. .

Brokerage 431

Brokerage Real Estate Insurance Clients 431

Appraisal Buzz

AUGUST 28, 2024

Investors are still coming in with all-cash offers on homes that need to be renovated. households rose 37% to $192,900, after inflation, the largest rise ever recorded by the federal Survey of Consumer Finances. All three metros see strong investor activity. All-Cash Sales on the Rise The percentage of U.S. a year ago.

Buyers 417

Buyers Investors Renovations Mortgage 417

Housing Wire

JUNE 13, 2023

On another front, Zelman & Associates , per news reports , estimates that institutional investors as of yearend 2022 had dedicated some $110 billion to acquire or build SFR homes, a sign there is still plenty of money available for dealmaking ahead. Homebuyers have been sitting on the sidelines.” That was down from 6.6%

Marketing 304

Marketing Investors Inventory Real Estate 304

Cleveland Appraisal Blog

AUGUST 11, 2022

For some homeowners, extensive renovations can present a challenge in terms of time and finances, particularly if you plan to move out of your home soon. Going for an as-is home sale eliminates the need for a lengthy renovation process. Moreover, buyers sometimes prefer to renovate the home according to their taste.

Renovations 221

Renovations Buyers Appraisal Investing 221

Housing Wire

APRIL 14, 2023

The answer is a combination of real estate developers, brokers, investors, agents and property owners — the overwhelming majority of whom are white. Whether you’re renovating homes or selling skyscrapers, real estate requires networking and patience. Who decides what our neighborhoods look like? And who profits from these projects?

Real Estate 335

Real Estate Law Business Real Estate Agent 335

Appraisal Buzz

APRIL 30, 2024

With the downturn in home sales, the challenges are multifaceted: Homeowners are holding onto low-interest rate mortgages instead of moving up, investors edging out traditional buyers with cash offers and first-time homebuyers facing steep affordability hurdles and bidding wars.

Marketing 150

Marketing Real Estate Agent Renovations Buyers 150

Cleveland Appraisal Blog

NOVEMBER 11, 2021

I regularly work for investors who hire me to appraise a home they are interested in buying. This home has also been renovated in recent years. When flipping homes, having a realistic idea of what the market value of the home is, or what it will be once renovated, is a crucial piece of the puzzle. Not even close! PROPERTY 2.

Valuation 364

Valuation Market Value Appraisal Real Estate 364

Appraisal Buzz

SEPTEMBER 5, 2022

Many argue that in order to sustain this country’s approach to mortgage financing, and to keep up, the appraisal processes in place today, including how they are prepared and how decisions are made on their acceptability, need to get faster and better. Progress in Revision Rates.

Appraisal 281

Appraisal Modernization Appraisal Process Technology 281

The Robert Weiler Company

JUNE 17, 2022

An investment in this market can provide reliable cash flow, steady appreciation, lower maintenance and management efforts per unit, and diversification of an investor’s portfolio. For new commercial real estate investors, buying a small apartment building for sale is a good investment choice. Better and Easier Financing Options.

Property Management 147

Property Management Renovations Real Estate Investing 147

Quicken Loans

JUNE 17, 2021

The good news is you can get the best of both worlds with delayed financing, a cash-out refinance option for recent cash buyers. What Is Delayed Financing? What if you had major renovations for your new home in mind? If you’re an investor or you want to become one, you know the value of having cash on hand. Build Credit.

Finance 68

Finance Buyers Investing Real Estate 68

Patch of Land

OCTOBER 26, 2018

It speaks to the increased rate of financed home flips in Q1 of this year and the rise of lenders expanding the fix-and-flip market. Flips purchased with financing rise to 9.5-year But, investors continue to find deals and set records while increasingly tapping the debt markets to finance their flips.

Finance 31

Finance Investors Real Estate Construction 31

The Robert Weiler Company

JULY 6, 2021

Classification is a way to differentiate specific market features for investors. Commercial real estate investors are usually looking for a specific class of property for their capital. These buildings are the latest and greatest in state-of-the-art warehouse rentals and attract high-quality investors and tenants alike.

Logistics 147

Logistics Tenants Real Estate Modernization 147