This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Technology plays a crucial role in servicers’ ability of servicers to support their borrowers in this challenging time. Servicers can use real-time borrower data to offer money-saving refinances, homeimprovement loans, and new home search options to keep borrowers off real estate portals that lure customers away.
Furthermore, servicers can leverage these relationships to approach consumers with value-added services including asset protection, insurance products, homeimprovement loans, and maintenance options. Digital technologies help lenders reduce errors, cut costs, and shorten processing times.
Uday Devalla, EVP, Chief Technology Officer at Sagent. The transition from originator to servicer is too often a consumer experience hiccup, and must be a primary focus of servicing modernization. Consumer-first servicing modernization isn’t just a catchphrase, it’s a mandate we all must follow in a consumer-led era.
Maintaining MSRs generates servicing fee income and helps servicers improve the customer experience. Servicing software APIs simplify in-house servicing Digital technologies can help lenders reduce errors, costs, and processing times, delivering better service. Why should lenders retain servicing?
Servicing retention generates servicing fee income and helps servicers improve the customer experience. Modern software automates investor reporting and compliance and creates a more efficient workflow, allowing servicers to effectively service loans in-house.
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. Here, we delve into the top five homeimprovements that not only elevate your living experience but also promise substantial returns when it's time to sell.
Reading Time: 2 minutes Looking to make smart investments in your home that will pay off in the long run? Here are five key areas where your money can work harder for you, modernizing your living space, reducing costs, and attracting future buyers down the line.
One of the most effective strategies for increasing a home's appeal and ultimately its price tag is through smart remodeling. As we head into 2025, several key trends are emerging that will impact home value and attract buyers seeking modern and desirable features.
Homeimprovements matter in real estate listings because they enhance your property’s value and attractiveness. Making strategic upgrades is essential because it helps your home stand out, making it more appealing to potential buyers. These Homes with strategic improvements tend to sell more quickly.
Reading Time: 2 minutes Looking to make smart improvements in your home that will pay off in the long run? Here are five key areas where your money can work harder for you, modernizing your living space, reducing costs, and attracting future buyers down the line. These improvements often yield returns of 93.2%
Think of the new URAR like upgrading from a basic flip phone to a modern smartphone. But as technology advances and standards evolve, the mortgage industry requires a more versatile tool. Built in 1914, the Cape Cod mansion has been thoughtfully modernized over the years to retain its historic integrity. Why the Change?
If the home’s hub features small-tile countertops, drop ceilings or fluorescent lighting, it’s time for a new look. Simply put, a modern kitchen is critical to getting top dollar in today’s real estate market. Not sure you can afford to make an upgrade before putting the home on the market?
In a traditional appraisal, an appraiser goes to a home and does a thorough walk-through, recording details like square footage, acreage, number of bedrooms and bathrooms, homeimprovements, and additions. But the hybrid appraisal really took off when the COVID-19 pandemic struck in 2020. When is the hybrid appraisal used?
House flipping isn’t just an opportunity for big real estate companies or homeimprovement television channels—it’s becoming a reliable source of income for Americans running a solo business or small real estate investment venture. of US home sales in 2017, that number grew to 8.4%
There is another enhancement that many sellers may not consider: the addition of smart-hometechnology. The smart-home market is surging, with an annual global growth rate of 16% to a forecast of more than $260B in 2024 – and more than double that sum by 2030. Smart tech in the home comes with costs and considerations.
In this blog post, I’ll discuss 15 reasons your home may not appraise for the value you anticipated, and I’ll share valuable tips for homeowners to help your home appraise for top dollar. Outdated Features and Finishes: Homes with outdated features and finishes can struggle to meet the expected appraisal value.
Additionally, platforms like YouTube host a vast array of instructional videos, covering everything from basic home repairs to advanced renovation projects. HomeImprovement Blogs: Insights from the Experts Homeimprovement blogs have emerged as invaluable resources for homeowners seeking expert advice and insights.
Depending on the extent and cost of your homeimprovement goals, you might need to take out a loan for renovations. A home renovation loan is most likely not going to be the same as your mortgage. Learn more about loan options for remodeling your home to see which one will work for you. FHA 203(k) Loan. Refinance Loan.
Just as notable, modern dishwashers are quieter and use less water during an average 10-year lifetime. There are still many home cooks that prefer to use gas, but electric induction cooktops have improved while also saving on energy bills. A fridge more than 15 years old can use about 35% more energy than newer models.
Here are a few factors to consider and tips, courtesy of energy.gov : Hardwire/Plug-in: While many charging stations need to be hardwired and cannot be moved, some modern models plug into the wall for additional portability. I developed a guide called Smart-homeTechnology: Planning and budgeting for the newest advances in safe living.
How to Sell Your Home With Online Tools in Less Time Modern buyers aren’t finding their next home by driving around to seek open houses or acquiring a house from a family friend. Today, at least 52% of buyers find their future home online—so that’s precisely where sellers need to be.
Popular tools include Synapse by Spark, Solomon Adjustment Calculator, and Redstone by Bradford Technologies. By Tom Horn Excerpts: As an appraiser, I get asked about how much value will be added for different types of home projects or renovations. To read more, Click Here My Comments: Excellent topic. Worth reading.
One of the great things about moderntechnology is that we’ve never had more information at our fingertips. You can type in any address you want and in a few quick seconds pull up information about the home, see pictures from recent listings and even find its current value… right? Case in point: real estate.
. “When a home is enrolled in the HERS rating system, it delivers indisputable measured value as compared to the average new build,” says Jason Boyer, whose firm recently developed Karma , a modern community in Phoenix. Before goods arrive at the home, consumers are now examining their origin and how items are produced.
And so because the appreciation is going up so rapidly on a daily basis, people are probably checking into this now and like, how much is my home worth? How much is my home worth? Homeimprovements? And it’s by far the most stressful thing you’re doing at any given moment while you’re buying a home.
A new door improves curb appeal, adds moderntechnology to the house and, based on my observations, doesn’t make as much noise as older models! A key takeaway from this year’s report is the impact that rising raw materials costs has had on home-improvement projects. based real estate research and publishing firm.
We organize all of the trending information in your field so you don't have to. Join 9,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content