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Bilt Rewards, which converts rent payments into points, hits $1.5B valuation

Housing Wire

Bilt Rewards , which operates a loyalty program and credit card that converts rent payments into points, raised a new round of funding that it says gives the firm a valuation of $1.5 valuation appeared first on HousingWire. Residents can pay their rent through the Bilt App and earn points on rent with no transaction fees.

Valuation 370
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Figure and Apollo complete ownership transfer via blockchain

Housing Wire

In other recent proptech news, Baselane launched its property-focused banking platform to simplify rental property finances for individual landlords. The post Figure and Apollo complete ownership transfer via blockchain appeared first on HousingWire.

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Divvy Homes conducts third round of layoffs 

Housing Wire

Fast Company reported in October 2022 that Divvy Homes charged higher rents than other landlords in some of its 19 markets, citing court cases and interviews with renters. The firm’s last known valuation was $2.3 The Silicon Valley firm was slow and reticent to make repairs and had increased evictions, according to renters.

Valuation 417
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Consumers more confident about making mortgage or rent

Housing Wire

Tune in April 6 to experience demos from the most innovative loan origination and valuation tech companies in the industry. And while foreclosure and eviction moratoriums have staved off the immediate prospect of being booted, some landlords and servicers have filed paperwork to remove homeowners and tenants for lack of payments.

Mortgage 545
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Experiences with Firearms as an Appraiser: When Tenants Behave Unexpectedly in “Their Area”

Appraisal Buzz

Once inside his unit, with the door shut and the landlord now outside, he still was friendly. The tenant seemed genuinely nice and welcoming outside and even went as far as letting me interact with his friendly dog, which always makes an appraisal better for me.

Tenants 302
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Divvy Homes reportedly makes another round of layoffs

Housing Wire

The company raised about $200 million in Series D funding in late 2021, which nearly quadrupled its valuation to $2 billion at the time. In October, Fast Company reported that Divvy charges higher rents than other landlords in some of its 19 markets.

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Top Realtor Xio Sandoval to speak at Spring Summit

Housing Wire

As LA home prices have soared, Sandoval has partnered with her clients to understand how they can qualify for a mortgage loan, even helping some become landlords with accessory dwelling units so they can afford to buy. In addition, she has been named one of NAHREP ’S Top 250 Latino Agents since 2013.

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