Property Management News
The option will allow valuations based on tax records and property listing information. Desktop appraisals will become an option for some agency-backed loans submitted after March 19. To be eligible for a desktop appraisal, according to Fannie Mae, the loan must be a purchase transaction, secured by a one-unit principal residence and have a loan-to-value ratio of no more than 90%. The option is not available for second homes, investment properties, cash-out refinances, construction loans, multi-unit properties, renovation loans, condos, co-ops or manufactured homes. In addition to those specific exclusions, a desktop appraisal may not be used if Fannie Mae’s automated underwriting... Read more
Fundamentally, the case for multifamily has always been a simple one: people need somewhere to live. The COVID-19 pandemic has made that case even stronger. People still...
Construction lenders are increasingly eager to finance these new developments. Lenders seem happy to provide money to build housing for America’s youngest senior...
Thinking of buying, selling, or investing in real estate this month? These trends should be on your radar. We’re only a few months in, and 2022 has already been a...
The rampant hype around NFTs, fueled by million-dollar art buys and cryptocurrency billionaires, can make NFTs, or nonfungible tokens, appear like a novelty to a...
Operational, logistical and consumer influences will test this successful CRE market. The booming single-family build to rent market, if not already, will soon be dealing with headwinds around labor and supply chain management challenges, efforts to streamline operations and using consumer data points to deliver educated scaling. Another impact could come from companies’ evolving work-from-home policies and how hybrid office hours affect workers’ behaviors and their preferred locations and housing choices. Yet BTR homes is a CRE segment that is rapidly expanding with a formidable array of marketplace advantages. The mix of renters in the US is increasingly older and more affluent, for... Read more
When you’re buying a home, you’ll need a title search so that you can get title insurance. Title searches can also reassure buyers, making sure there is a smaller...
The long-running historically low-interest rates have created many options for landlords. First of all, many more people have been able to get into this investment game...
The housing market continually outdid itself this year, seeming to set new records every month thanks to a home buying rush that started last year. “The real estate...
When the pandemic engulfed the world last year, few analysts predicted that the multifamily sector would flourish and thrive so well. Most suspected that the sector...
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