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JS: We’re seeing more home equity products in the marketplace, and they’re serving a wider range of borrowers, including those from underserved communities. Technology will also play a big role in simplifying and speeding up the process for everyone. HW: Can you talk a bit about how equity can be a proactive financing tool?
Real estate technology firm Rechat announced a strategic partnership on Monday with Peerage Realty Partners that aims to expand tech tool and service offerings for Peerage agents and brokers. ” Rechat will offer its suite of tools and services to all Peerage Realty brokerages. . and Canada. . and Canada.
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. Click Here
The platform provides tools for both landlords and renters, which the company said is designed to automate and streamline the management process. “As Working alongside NAR opens the door to many collaborative initiatives, including positioning RentRedi as the go-to property management tool for real estate agents and their clients.”
LoanStar Technologies , which connects lenders with borrowers who are traditionally underbanked or unbanked, also made the list again. 469 LoanStar Technologies 1,241% 2016 Enabling lenders to connect and lend to customers who are traditionally underbanked or unbanked. Homelight , a platform for homebuyers and sellers, was No.
Uday Devalla, EVP, Chief Technology Officer at Sagent. Customer Retention: When we think of new loans, this comes in a few forms in the current market: the last of the rate/term refis before rates rise, cash-out refis for both homeimprovement and debt consolidation, and, of course, new purchase loans.
DP: While the upcoming generation of retirees are likely to enjoy a retirement period of close to 30 years, a reverse mortgage can be a strategic tool for funding the retirement lifestyle they’ve always dreamed of. HW: What are some challenges lenders may face as they introduce reverse mortgage products?
Water damage in homes can be a major problem for homeowners. Fortunately, new technologies are changing how experts deal with removing water and drying out homes. Today, they use special tools to find moisture hidden inside walls and floors. New technologies are really helping homeowners with water damage problems.
Mortgage servicers must use all the tools at their disposal to expand borrower relationships and keep their borrowers in their overall portfolio. Servicing retention generates servicing fee income and helps servicers improve the customer experience. For example, FICS offers its own mortgage servicing software, Mortgage Servicer.
What Tools Do You Use to Support Your Appraisal Adjustments? By McKissock As part of our monthly survey series, we asked our community of real estate appraisers, “What tool(s) do you use to support your appraisal adjustments?” Popular tools include Synapse by Spark, Solomon Adjustment Calculator, and Redstone by Bradford Technologies.
Sherri initiated and led a successful New York State HomeImprovement Day, mobilizing hundreds of volunteers to enhance existing housing options for LMI individuals. Our Creditsmart resources are not just about getting people in the door, but also supporting them on their journey beyond their home purchase.
If your colleague, family member, or friend is purchasing and flipping a property, they’re probably dropping more money on homeimprovements than most people spend on Black Friday. You can find almost anything on Amazon from cabinets, tiles, and wallpaper to power tools, smoke detectors, and so much more.
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%
From informing medical diagnostics to measuring investor sentiment, using technology to scan images has brought revolutionary advancements across fields. For example, real estate appraisal photos must be clear, correctly labeled, and show any homeimprovements or blemishes. Detect Appraisal Photo Errors with ClearPhoto.
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.
But as technology advances and standards evolve, the mortgage industry requires a more versatile tool. This redesign addresses current inefficiencies, meeting the rising demand for improved reports, as well as enhancing the experience for both appraisers and report readers. Why the Change? More lenders in the news vs.
For example, “Do you have DIY-loving customers who want to build a patio for their new home? Check out your favorite gardening, interior design or homeimprovement sites and forward any information that would appeal to their interests.”. Doug Breaker , CEO of HomeFinder.com , suggests appealing to their interests.
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.
One of the best ways to meet this goal is to use innovation in your daily life – and it starts in your home. We are inundated with technology from the day we wake with a wristwatch or phone alarm to the final minutes of the day with sleepy sounds fed through a speaker. The home is your living hub and now your tech center.
We talked with several security experts to discover and share their top tips for home protection. Their advice was varied, but they all agreed that using a smart combination of the right tools, techniques, and safety measures is the key to protecting your home and family. First Line of Defense: Securing Your Home Exterior.
Property lines show you the exact boundaries of your property, which can be useful if you’re planning on doing any type of construction or other homeimprovement-related project. A lot of people don’t realize that Google Maps – the popular online GPS tool – is one way to accomplish precisely that.
There are a few more essential items you may need to keep your home healthy , safe and tidy. A first aid kit, for example, can help you handle any accidents that may happen around the house, whether a mishap with a tool or just a clumsy mistake in the kitchen. It’s a good idea to have these items on hand: Bandages. Nonlatex gloves.
It’s a great time for lenders to climb aboard the home equity lending bandwagon. Whether you’re starting a home equity program or seeking to enhance your existing program, an automated valuation model (AVM) is a great tool to have in your belt. HELOCs offer more flexibility and give borrowers the ability to pay as they borrow.
With these tools, our listing advertising is faster, smoother, and more precise than ever. We Market Your Home To The Realtors® Most Likely To Bring You A Buyer. The Houston Properties Team is different because we know how to market your home to the Realtors® that are most likely to bring you a buyer. Deep-cleaning. Landscaping.
.” Locally, Seattle Central College’s Wood Technology Center, near Judkins Park, recently unveiled a certificate program in Residential Construction. As part of the one-year program, students can work for a local construction company during the day and attend classes at night.
For many industries, AI is already firmly entrenched in the technology toolbox. Layering in additional data points regarding property condition and homeimprovements history also bolsters valuation and pricing while helping to minimize investor risk by ensuring the asset value covers the mortgage balance.
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