Housing Wire

JUNE 20, 2024

The eligible deduction was lowered from total mortgage balances of $1 million under prior law to $750,000. The 2017 law also made interest from home equity loans non-deductible except for when the money is applied to home improvements or renovations.

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Mortgage Bracketing Law Property Taxes 497

Housing Wire

FEBRUARY 26, 2024

In May 2022, the Florida Legislature introduced a new condominium safety law, which mandates more rigorous inspections and stronger financial reserves for HOAs. Before the new law was enforced, many condo associations were investing their reserves in government-insured instruments, sacrificing their liquidity to generate a return.

HOA 501

HOA Law Insurance New Listings 501

Appraisal Buzz

OCTOBER 29, 2024

The Asian Americans for Equality (AAFE) community development organization also supports ADU renovations through its Landlord Repair Fund, helping to bring non-compliant ADUs up to code and ensure safety for residents. These apartments provide affordable housing options in high-density areas where space is limited.

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Renovations Construction Development Landlords 221

Housing Wire

JANUARY 20, 2021

Reform zoning laws. Here again, the decentralized network of municipal law has handicapped the industry’s ability to respond to the pressing need for more affordable housing. Finally, we need to renovate our existing housing stock. Since we cannot create more land, the only alternative is to increase housing density.

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Renovations Law Development Real Estate 459

Appraisal Buzz

MAY 10, 2022

While that’s true of the federal law, at least three states have passed CRA-like laws that apply to nonbanks, and the Mortgage Bankers Association (MBA) predicts more states could follow suit. The post Renovation: A Path to Fair Lending appeared first on Appraisal Buzz. Think again.

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Renovations Lending Law Appraisal 150

Housing Wire

MAY 1, 2023

The Consumer Financial Protection Bureau (CFPB) announced on Monday a proposed rule that seeks to bolster consumer protections for borrowers seeking Property Assessed Clean Energy ( PACE ) financing for home renovations. We are proposing new rules that would require sensible safeguards on these clean energy loans.”

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Property Taxes Renovations Finance Lending 396

Housing Wire

JANUARY 9, 2024

Importantly, homeowners can also include 50% of their estimated rental income when applying for an FHA renovation loan to construct an ADU, which helps with DTI constraints. Private sale In late 2023, one of the most significant shifts for California residents occurred as Governor Gavin Newsom signed AB-1033 into law.

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Finance Construction Tenants Renovations 501

Housing Wire

OCTOBER 1, 2024

I think the big issue is in terms of education,” Lauren Marinaro, a legal professional and board member of the National Academy of Elder Law Attorneys , told KJZZ. Part of this could be tied to a lack of true awareness regarding the costs of necessities in later life, as well as the limitations of a fixed income. “I

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Renovations Legal Law Tools 459

Appraisal Buzz

MARCH 3, 2025

The GSEs are even taking notice of the trend and expanding policies for broader mortgage possibilities, with programs like Freddie Macs CHOICERenovation Mortgages and Fannie Maes HomeStyle Renovation program. For lenders, this also comes with the opportunity to educate borrowers. These differ not only by state, but by individual municipality.

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Construction Appraisal Legal HOA 248

Housing Wire

MARCH 22, 2021

Specifically, the state said that Modus used its partnership with “Staging Boost,” a platform that works with third-party vendor ZingFix to offer cleaning, landscaping, staging and listing preparation renovation with a deferred payment. ” Inman News first reported the planned license revocation.

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Insurance Real Estate Agent Real Estate Brokerage 459

Housing Wire

DECEMBER 21, 2023

The great news is that the program has undergone significant improvements, particularly after the Blue Water Navy Vietnam Veterans Act was signed into law in 2019. My favorite, and one of the most valuable and underutilized products in today’s low-inventory market , is the VA renovation loan. Who is eligible?

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Mortgage Renovations Appraisal Process Finance 468

Housing Wire

JULY 6, 2023

One source of added inventory is the fix and flip industry , which is expected to acquire and renovate some 350,000 homes in 2023, according to Kurt Carlton, president of New Western , a private real estate investment marketplace. Where might added inventory come from, if the bulk of existing homeowners continue to remain on the sidelines?

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Inventory Renovations Real Estate Government 488

Housing Wire

APRIL 27, 2023

The lawsuit claims further that the company “ignored permitting laws to avoid fees and increased taxes as well as to get renovated homes on the rental market as soon as possible.” Invitation Homes (IH) spent about $25,000 on renovations per home for its California SFR portfolio, pleadings in the lawsuit state.

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Renovations Investing Real Estate Marketing 393

Housing Wire

JULY 16, 2024

Exemptions would be provided to new construction and units with “substantial” renovation and rehabilitation. While the odds are stacked against this proposal ever passing Congress, a federal rent control law would be catastrophic to renters and our nation’s rental housing market.”

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Landlords Construction Land Management Tenants 488

Housing Wire

OCTOBER 24, 2022

When landlords break the law and refuse to accept vouchers, it’s reminiscent of Jim Crow-era housing discrimination policies intended to restrain opportunities for Black residents,” Racine said in a statement. “No

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Real Estate Landlords Law Advertising 418

Housing Wire

JANUARY 12, 2024

“The foundation would get what was described, in a January 2023 fundraising package, as a ‘prestigious headquarters … [and] site for small scale, but elegant events’ with its ‘voluminous library on American legal and constitutional development’ as a resource for nearby Roger Williams University ‘s law school.”

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Tools Mortgage Finance Lending 459

Inman

NOVEMBER 21, 2023

s attorney general that the pre-sale renovation startup violated consumer protection laws through "deception, intimidation and fraud." Curbio "strongly" denied claims on Monday by Washington, D.C.'s

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Renovations Law Agents 183

Appraisal Buzz

OCTOBER 14, 2024

However, manual reviews of appraisals, property condition, renovation estimates, and more do not scale efficiently. According to Epoch research , “Since 2010, the amount of training computed for machine learning models has grown by a factor of 10 billion, significantly exceeding a naive extrapolation of Moore’s Law.”

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Valuation Renovations Technology Appraisal 368

Housing Wire

APRIL 14, 2022

We continue to look for ways to support lower origination costs for borrowers and lenders.”.

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Insurance Renovations Real Estate Law 418

Housing Wire

APRIL 14, 2023

academically-inclined minority youth are often pushed towards professions that are seen as “safe bets,” like medicine, engineering, accounting and law. Whether you’re renovating homes or selling skyscrapers, real estate requires networking and patience. Given the economic vulnerability of many communities of color in the U.S.,

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Real Estate Law Business Real Estate Agent 397

Housing Wire

FEBRUARY 28, 2022

I had one home recently that needed major cosmetic renovations and it ended up get-ting multiple offers, so it is still super competitive here,” she said. The heightened demand has put a strain on Annapolis’ already tight housing inventory, causing properties that would have previously held narrow appeal to go faster than expected. “I

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Housing Market Marketing Buyers Agents 418

Housing Wire

FEBRUARY 10, 2022

Kidwell added: “The federal law and the law as adopted by the states set a woefully low bar and certainly has little education related to being in a position to advise consumers on difficult balance sheets, cost versus debt, and debt service parameters.”. Cutting class. Yen did not respond to a request for comment.

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Loan Officers Law Training Lending 397

Cleveland Appraisal Blog

JUNE 18, 2022

comparable sales, income, and cost), there are many other elements that may apply based on the statutes, case law, and procedural rules in a given state. Before retirement in 2014, Leslie practiced law for 33 years, mostly with Faegre Baker Daniels (now Faegre Drinker), a law firm with national and international offices.

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Appraisal Law Development Valuation 312

Housing Wire

MARCH 28, 2022

With different laws across regions, various types of properties (i.e. With that said, with tight margins of around 5% , time is short, meaning human value creation (renovations big or small) are usually foregone in favor of an algorithmically determined window dictating when to buy or flip.

Real Estate 397

Real Estate Marketing Insurance Technology 397

Housing Wire

SEPTEMBER 23, 2022

The age-old laws of supply and demand are driving home-price growth, not the purchase activities of large single-family rental home companies. According to NAR, the United States faces a housing deficit of 6 million units. This, at a time when there are 18% more people (6.6

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Inventory Housing Market Investors Investing 370

Housing Wire

JULY 10, 2024

What renovations or updates have you made that you believe could add value to your home? Repairs, renovations and updates – Discuss any repairs, renovations or updates (both big and small) that could significantly increase the selling price of your client’s home. Are you looking to upgrade or downsize?

Sellers 435

Sellers Real Estate Agents Clients 435

Birmingham Appraisal

JULY 12, 2023

How Agents Can Use The Law of Diminishing Return When Pricing a Listing As a real estate appraiser with over 30 years of experience, I have witnessed firsthand the critical role that accurate pricing plays in the success of real estate transactions.

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Real Estate Agent Law Real Estate Bracketing 93

Cleveland Appraisal Blog

AUGUST 11, 2022

For some homeowners, extensive renovations can present a challenge in terms of time and finances, particularly if you plan to move out of your home soon. Going for an as-is home sale eliminates the need for a lengthy renovation process. Moreover, buyers sometimes prefer to renovate the home according to their taste.

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Renovations Buyers Appraisal Investing 221

Will Springer Realtor

OCTOBER 3, 2023

Many Washingtonians may be in for a surprise on the real estate front when new laws take effect county by county that will greatly expand the use of accessory dwelling units – or ADUs – on parcels of land once exclusive to single-family homes. The new ADU law applies to all cities in Washington that plan under the Growth Management Act.

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Law Design Construction Government 66

GoForrmz

DECEMBER 5, 2024

AR takes this a step further by enabling clients to visualize renovations or furniture placement within a property. Investing in secure platforms for digital forms, Cloud storage, and client communications ensures compliance with data protection laws and builds trust with clients.

Real Estate 78

Real Estate Property Management Tools Clients 78

Lamacchia Realty

APRIL 10, 2024

In-Law Apartments How this can Increase Value: A well updated and cohesive In-law apartment is very attractive to buyers who are looking for one. How this can Decrease Value : Many people believe that in-law apartments automatically increase the value of a home, but it is just not the case.

Law 74

Law Buyers Renovations Decorating 74

Lamacchia Realty

AUGUST 12, 2021

What to Consider Before Purchasing a Fixer-Upper Although fixer-uppers are more affordable than purchasing a turnkey home in the perfect neighborhood, the process of buying a fixer-upper and renovating it is more complicated than what you see on television. How Much Time Do They Take to Renovate? Traveling a lot?

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Renovations Finance Inspection Buyers 69

Assurance Financial

APRIL 18, 2022

After your purchase, you can renovate the property to make it suit your tastes and fit your needs. Depending on the extent and cost of your home improvement 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. Why Remodel Your Home?

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Renovations Construction Home Improvement Mortgage 74

Boston Appraisal

FEBRUARY 2, 2023

For example, public records may not reflect any renovations or additions that have been made to the property since the records were created. ANSI guidelines also provide standards for the design and construction of supplementary units installed in a single-family home, such as an in-law/accessory unit or finished attic spaces.

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Inspection Law Appraisal Real Estate Agent 78

Boston Appraisal

FEBRUARY 2, 2023

For example, public records may not reflect any renovations or additions that have been made to the property since the records were created. ANSI guidelines also provide standards for the design and construction of supplementary units installed in a single-family home, such as an in-law/accessory unit or finished attic spaces.

Inspection 78

Inspection Law Appraisal Real Estate Agent 78

Realvals

JUNE 18, 2023

Estate Taxes In some cases, local laws may require appraisals for estate tax purposes. As an executor of an estate, your responsibility is to manage and distribute assets according to the deceased’s will or state law. Renovating a Home If you are planning to renovate your home, getting an appraisal beforehand is a smart move.

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Appraisal Property Taxes Real Estate Market Value 145

The Robert Weiler Company

APRIL 15, 2022

Compliance with Laws. A free-rent period allows you to occupy, make renovations, and prep a commercial property in Columbus, OH, for a specified period without paying rent. Expect to invest with a property owner or pay part of the portions for renovations to suit your business needs. Taxes and Assessments. Damage to Premises.

Tenants 144

Tenants Landlords Property Taxes Real Estate 144