Housing Wire

MAY 10, 2021

announced today the launch of Finance of America Home Improvement , a new business division offering non-mortgage financing options, including renovation loans. Per a study from Harvard University’s Joint Center for Housing Studies, renovation financing is expected to increase 3.3% billion in renovation loans — compared to $51.6

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Housing Wire

JULY 1, 2021

We all love the feeling of a refreshed, renovated home, and being able to enjoy it instills a sense of pride in its owner. That’s partly why people are spending significant time, energy and money on home renovation projects these days. Despite this, there are some renovations that are worth their price tags.

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Housing Wire

JULY 8, 2024

We are pleased to partner with Shawn and the Archwest team to deliver dynamic financing solutions to home builders , renovators and landlords who are expanding and improving the critically undersupplied U.S. The firm is also a major investor in Hometap , one of the larger players in the home equity investment space.

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Housing Wire

FEBRUARY 13, 2024

Boston-based fintech company Hometap has deployed more than $1 billion in home equity investment (HEI) products since its launch in 2017, the company announced on Tuesday. And it boasts a home renovation calculator and home service offerings from Hometap’s partner network.

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Investing Renovations Tools Real Estate 334

Housing Wire

JUNE 8, 2021

In 2020 it acquired equipment finance lender Ascentium Capital and a year prior picked up institutional investment firm Highland Associates. “We Per a study from Harvard University’s Joint Center for Housing Studies, renovation financing is expected to increase 3.3% in 2021 to $433 billion. billion in volume in 2020.

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Housing Wire

JULY 22, 2024

This new funding is a focused investment in housing for people experiencing homelessness, particularly given the increased number of Americans sleeping on our streets.” “Simply put, we need to build more housing and we need to repair the housing we have,” HUD acting secretary Adrianne Todman said in a statement.

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Housing Wire

FEBRUARY 8, 2022

In 2021, McCormick resold two renovated properties that she originally purchased at foreclosure sale on Auction.com in her hometown of Dayton, Ohio. Some of those areas I’m investing in, and they’re starting to turn again so that’s exciting to see.”. Both properties sold to owner-occupant buyers for under $150,000 apiece. “I

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Housing Wire

NOVEMBER 23, 2021

The Neighborhood Homes Investment Act (Neighborhood Homes) would begin addressing these challenges by developing or renovating 125,000 affordable homes in economically distressed communities. This cost gap all-too-often prevents the renovation of affordable houses that need a great deal of work.

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Investing Renovations Construction Development 458

Inman

JUNE 5, 2024

The Great Renovation is already in process. Author Bernice Ross and New Western's Kurt Carlton discuss how it can solve our inventory problems by breathing new life into America’s aging and abandoned vacant homes.

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D Fritz Appraisals

SEPTEMBER 11, 2023

Major Home Renovations & Home Appraisals: What You Should Know Are you planning house renovations and want to know the best home improvement investments? Or maybe you are planning to sell your house and are wondering about renovations that increase home value the most. As Vancouver Island’s home evaluation expert, D.

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Renovations Home Value Valuation Market Value 121

Empire Appraisal Group

OCTOBER 17, 2024

By Spiderstock/Getty Images Source: [link] Costly Home Renovation Mistakes to Avoid By Courtney Klosterman While rewarding, home renovations can be time consuming, costly and frustrating. But renovating can be tricky even for homeowners with experience let alone someone without that technical knowledge.

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Cleveland Appraisal Blog

AUGUST 25, 2022

You’ve just purchased your first property to renovate. How can you capitalize on your first investment property? Whether your first investment property will be a rental or a flip, your goal is to walk away with more money than you put into it. Let the Renovations Begin! Determine How Much You Can Afford.

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Investing Renovations Landlords Real Estate 332

Empire Appraisal Group

MAY 16, 2024

Should You Renovate Before Selling? Before launching renovation projects to sell a home, consider the cost benefits. NEW YORK – When selling your house, one of the most common things to worry about is whether you should renovate the home before listing it. Which renovations are the most worthwhile?

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McKissock

MARCH 20, 2022

When selling a home though, most real estate professionals will vouch that — as far as home improvements are concerned — kitchen renovations are worthy investments that will likely increase your resale value. ® , DIY expert and licensed contractor Beth Allen shares six common kitchen renovation ideas with the biggest investment return.

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Renovations Investing Modernization Real Estate 84

Birmingham Appraisal

MAY 1, 2024

Home Renovations and Appraisal Value As an appraiser, I get asked about how much value will be added for different types of home projects or renovations. The best way to look at home renovations is by considering the overall impact they will have on your home. Updates or Renovations?

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Renovations Appraisal Real Estate Agent Construction 87

Housing Wire

FEBRUARY 16, 2022

Examine previous transactions with a lender, such as funding renovations on investment property, to better understand the lender’s experience with diverse real estate projects. The post How to vet private money lenders for real estate investing appeared first on HousingWire.

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BiggerPockets

JANUARY 15, 2024

There are ebbs and flows in every real estate investing journey, but not every home renovation project results in a six-figure loss! Fortunately, today’s guests learned one very expensive lesson so that YOU […]

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Appraisal Buzz

JULY 30, 2024

A new report from New Western, a national real estate investment marketplace, indicates that local real estate investors are poised to outperform traditional builders in several key markets. The Great Renovation Kurt Carlton, president and co-founder of New Western, emphasized the impact of local investors on the housing market.

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Real Estate Investors Renovations Construction 397

Housing Wire

SEPTEMBER 8, 2023

This AI-driven tool uses computer vision technology to evaluate the current condition of a property and provide a detailed assessment of its current market value and potential value post-renovation. It also uses Revive’s recommendation engine to offer renovation estimates supported by local contractors.

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Real Estate Agent Tools Real Estate Agents 409

Housing Wire

APRIL 17, 2024

Capital Fundings , a Florida -based private mortgage lender, has partnered with real estate investment platform Privy , the companies announced on Tuesday. Our commitment to empowering borrowers aligns perfectly with Privy’s mission to revolutionize real estate investment through technology and education.

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Real Estate Renovations Investing Investors 427

Boston Appraisal

OCTOBER 15, 2024

When looking to invest in a property, particularly one that is run down and in need of renovation, there is always a need to define current and potential values.

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Property Appraisal Investing Appraisal Renovations 78

Boston Appraisal

OCTOBER 15, 2024

When looking to invest in a property, particularly one that is run down and in need of renovation, there is always a need to define current and potential values.

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Property Appraisal Investing Appraisal Renovations 78

Inman

JANUARY 19, 2023

The reporting tool determines a number of return-on-investment scenarios, taking into account market conditions, available financing and any need for renovations and improvements.

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Tools Investing Renovations Finance 133

BiggerPockets

JUNE 20, 2024

You have home renovations in the pipeline…but who’s going to manage them? Do you need the expertise of a general contractor, or can you manage tradespeople yourself? With so much […]

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Renovations Investing Real Estate 56

Housing Wire

MAY 8, 2023

Once the transfer of ownership occurs at foreclosure auction, a distressed property can be renovated and returned to the retail market as affordable housing for homeowners or renters. “[I My renovated homes are] reducing the number of rental properties , which in our town has become a source of demise.”

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Inventory Renovations Supply Chain Buyers 419

Housing Wire

JULY 19, 2024

Ascent Developer Solutions , a private mortgage lending platform, announced its launch Friday in conjunction with an equity infusion from Elliott Investment Management. Wasmund is also the former CEO of Genesis Capital , which was sold by Goldman Sachs in 2021 to New Residential Investment Corp. , now known as Rithm Capital.

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Eppraisal

APRIL 9, 2024

Renovations are a great way to boost home value and aesthetics. Here are some home renovation truths to prepare you for such an undertaking. For example, major renovations may require temporary housing, which can be a significant expense. Be realistic about what adds value to your home and what qualifies as a vanity renovation.

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Renovations Supply Chain Home Value Construction 68

Appraisal Buzz

NOVEMBER 15, 2024

Instead of dealing with the difficulties of purchasing in a competitive market, many homeowners are choosing to invest in their existing homes. Forty-three percent of people who are remodeling or intend to renovate their homes are doing so in order to raise their home’s equity.

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Renovations Lending Investing Home Improvement 367

Housing Wire

JUNE 28, 2023

Roughly 80% of real estate investors surveyed are selling single-family homes at or above asking price after fully renovating the properties to make them habitable, according to a report from real estate marketplace New Western. A little over 70% of respondents invest in the Southwest and Southeast regions of the U.S.

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Investors Housing Market Marketing Renovations 378

Housing Wire

AUGUST 2, 2024

An AI assistant called Revana will provide personalized help with renovations, installations and maintenance. The targeted areas for these companies include multifamily rentals and investments; single-family refinancing, servicing and origination ; fraud detection; and compliance with the Americans with Disabilities Act (ADA).

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Real Estate Agent Real Estate Tools Renovations 428

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. In June, the company closed a $215 million securitization backed by home equity investments. The transaction was rated by DBRS Morningstar.

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Housing Wire

FEBRUARY 6, 2024

Costs for renovation projects can vary based on factors such as location, job size and condition of the home. So making certain — especially when you hit your 50s and 60s — that you remodel it […] does make it easier as you get older to stay home.”

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Renovations Home Improvement Investing Clients 461

BiggerPockets

OCTOBER 16, 2024

Want to invest in real estate but feel like you don’t have everything it takes? You know you need money for a down payment, skills to manage tenants/perform renovations, and […]

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Real Estate Investing Tenants Renovations 69

BiggerPockets

SEPTEMBER 13, 2024

One of the biggest real estate investment fraud schemes in recent history has been exposed. Wells Real Estate Investment promised investors that their money would be used to buy, renovate, […]

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Real Estate Investors Investing Renovations 67

Housing Wire

MAY 22, 2024

When asked about the reason for making these investments, the wife described their desire to maintain the comfort, familiarity and pride in the home they’ve lived in together rather than giving them up. This means that renovations of existing homes are likely to become more necessary as time goes on.

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Renovations Design Home Improvement Advertising 447

Appraisal Buzz

OCTOBER 31, 2024

Unison also recently announced that global investment firm Carlyle has agreed to purchase up to $300 million of equity sharing home loans from Unison. Unison Mortgage Corp. , a Unison company, has launched its Equity Sharing Home Loan in Oregon, which enables homeowners to receive cash the same day at below-market rates.

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Mortgage Renovations Design Investing 195

Housing Wire

AUGUST 27, 2021

Examine Return On Investment . Unfortunately, upgrading your appliances won’t necessarily allow for a huge return on investment. Here are a few other updates with the highest return on investment: . Renovations Can Be Beneficial. Renovations might make you feel better about putting your home on the market one day.

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Renovations Home Improvement Investing Home Value 459