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CFPB Examines Servicer Relationships in Times of Crisis

Appraisal Buzz

Servicers tend not to take responsibility for what CFPB calls their shoddy customer service, laying the blame on investor requirements, processing volumes, or systems issues. Click here to read more on the CFPBs report on homeowner treatment after tragedy.

Legal 387
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Crisis management in real estate: 8 tips for handling difficult situations

Housing Wire

Consider the residential client disappointed at the lack of inventory , or the commercial investor with many vacancies in a once-thriving property. Legal disputes. Address other important items, including relevant contact information for support professionals, such as legal counsel, insurance providers and emergency services.

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Knox Financial announces $10 million in Series A funding

Housing Wire

Other investors included Greycroft, Pillar VC, 2LVC, and Gaingels. Knox automates and oversees a property’s finances and taxes, insurance, leasing and legal, tenant and property care, banking, and bill pay. That’s $14.7 million of total funding to-date for Knox.

Landlords 386
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EasyKnock faces consumer lawsuits and actions from state regulators

Housing Wire

In addition, her office alleges that EasyKnock violated some of Massachusetts’ landlord-tenant laws. million seed funding round in 2018 that included $100 million in new debt funding from investors including Montage Ventures , Crestar Partners and Blumberg Capital. The platform closed a $3.5

Lending 392
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Make Your First Investment Property an Attractive and Profitable Option

Cleveland Appraisal Blog

Today, Cleveland Appraisal Blog shares a few tips for first-time investors. When you run a business, and owning rental property is a business , you’re almost always better off forming a legal business structure. It starts with managing your budget but also includes understanding which upgrades make a space more desirable. Questions?

Investing 332
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A recap of gen AI use cases at FHFA’s 2024 TechSprint

Housing Wire

Multifamily renting An Uber-like experience to match today’s 30 million renters with property managers, Domino would provide tenants with a personalized readiness rating. The app would pull a credit report, do a background check and preapprove a tenant at certain price points so the renter knows what monthly payment they can afford.

Tools 310
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What Is a Land Contract In Ohio? Full Guide [2021 Update]

The Robert Weiler Company

Learn how you, the real estate investor, can avoid the bank and make an agreement directly with the seller. As such, some investors that purchase Ohio property for sale for the purpose of flipping consider offering a land contract for their real property. Why would a tenant opt for a ground lease? What Is a Land Contract?

Contracts 143