New workforce housing model generates 25% internal return rate

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Urban Pacific Group has a new workforce housing model it claims can pencil even in California and generate a 25% internal return rate. Here are the full details.

Here are the top 5 buy and sell markets for multifamily real estate

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The multifamily market is strong nationwide, but there are some markets that outshine the rest and some that should be laid to rest, according to a new report from Ten-X Commercial. In its report, the commercial real estate company lists the top five “buy� and “sell� markets. Do you agree?

Local teams help drive $39B in national sales with commitment to service

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Over the past 10 years, Auction.com’s brand has become synonymous with digital innovation and client service in the real estate industry. Our company transformed the way buyers and sellers interact by making it possible to transact foreclosure, CWCOT and REO sales online. Our controlled and efficient auction processes have revolutionized the way our clients manage their portfolios to achieve higher sales rates, while increasing sales execution, reducing timelines and mitigating risk.

The Funding Longevity Task Force wants YOU… to know about reverse mortgages

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Most financial advisors are uninformed and misinformed when it comes to the importance of reverse mortgages, and it’s time for this to change. This is the founding principal of the Funding Longevity Task Force, a team of financial planning experts and academics who are committed to promoting research about the various ways reverse mortgages can be used to improve one’s financial outcome in retirement.

Nationstar plans to liquidate large HECM bond pool

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The deal is highly rated for a pool of inactive reverse mortgages, due mainly to the expectation that the loans will be covered by the Federal Housing Administration.

HELOC or HECM, what’s your choice?

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For older adults looking to retire and ditch that mortgage payment, a HECM could be the more advantageous. But compared with the overall HELOC market, the HECM market is tiny. Reverse mortgage originators haven’t been able to crack the bias that has turned consumers away from the product.

Bank Giant Is Allowing Borrowers to Forgo Escrow Accounts

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United Wholesale Mortgage is allowing borrowers an escrow-free option with their mortgage, even for those with dinged credit histories. Some in the mortgage industry are concerned.

4 Tips to Help Buyers, Sellers Choose the Right Remodeler

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For clients bitten by the remodeling bug, here are some tips for choosing a contractor to help them spruce up their home.

Why Clients May Be Asked to Write a ‘Comfort Letter’ to Their Lender

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Don’t panic if your buyer is asked to write one. The “comfort letter� is becoming a common request from lenders nowadays.

Apartment Rents Just Jumped Higher in Most Cities

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The national average rent reached an all-time high in July, even as a wave of new apartments hit the market.