John Salkowski Warns Homebuyers of Zillow Manipulation

John Salkowski at The JRS Realty Group in KIng of Prussia in 2019

John Salkowski Announces 2020 Growth Projections at The JRS Realty Group

John Salkowski talking with a reporter

John Salkowski talking with a reporter

Author and real estate expert John Salkowski launched a new video series with a warning about the manipulation of Zillow's Zestimate system

You won’t trust your health to WebMD so why would you trust the value of your home to Zillow?”

— John Salkowski

KING OF PRUSSIA, PA, UNITED STATES, December 13, 2019 / — In the first in a new video series on residential real estate, John Salkowski warns that Zillow data is being widely manipulated in an effort to cause homebuyers to overpay. Salkowski, a real estate author and broker owner of The JRS Realty Group, says the practice is widespread and he outlines how realtors are using the website to overstate home values.

Zillow has grown to be the most popular real estate website in America with 36 million people a month using it to research residential real estate. One of Zillow’s most popular free features is an “estimate” of any home’s value they call a Zestimate.

These Zestimates use a proprietary system for their calculations which is being widely manipulated by listing agents and homeowners to exaggerate the value of the majority of homes on Zillow.

Zestimates include public records data like nearby housing transactions and the registered square footage of the house. Salkowski says this data can be useful to homebuyers and is mostly accurate. However, Zillow allows and actually encourages homeowners to enter unverified information about their home and this information is used to calculate the Zestimate as well.

Salkowski says that some listing agents will encourage homeowners to enter inaccurate data onto Zillow solely to overstate the value of their home in the hopes that can be used to convince homebuyers to overpay.

Salkowski points out the Zestimates are not an appraisal and no insurer, bank or mortgage company will accept one as homes value. Zillow does not disclose how its algorithms calculate Zestimates. So, this lack of transparency is concerning because it makes the process a black box open to manipulation.

John Salkowski shares a scary example of how widespread the problem is. Zillow has disclosed that the estimates of ¾ of all homes in Salkowski’s region of Pennsylvania which includes Philadelphia and King of Prussia are off by as much as 10%.

He compares the site to WebMD which has a feature where visitors enter symptoms and the site returns a list of potential causes. Salkowski says these sites can be a useful starting point to educate yourself before meeting with a professional. “You won’t trust your health to WebMD so why would you trust the value of your home to Zillow?” He asks.

In the video, John Salkowski offers to review the Zestimate for a homeowner looking to understand their homes true market value. He also says that everyone should consult a local real estate professional for like those he employs at The JRS Realty Group.

The video is the first in a planned series of video resources for homebuyers and home sellers which will be posted on John Salkowski’s YouTube Channel.

John Salkowski is a nationally recognized expert in real estate. He is the broker owner of The JRS Realty Group in King of Prussia near Philadelphia. Salkowski is the author of several books on leadership and real estate including SOLD! Listing to Closing: The Ultimate Home Sellers Guide. Salkowski has a popular real estate blog and has published free real estate guides and commentary on the real estate market

John Salkowski
The JRS Realty Group
+1 610-709-5147
email us here
Visit us on social media:

John Salkowski on Zillow Zestimates

Source: EIN Presswire

EZ Mold Inspections near Temecula Launches Asbestos Testing & Mold Inspection Services in Oceanside, CA

Asbestos Testing and Mold Inspection Company in Murrieta, CA

Asbestos Testing and Mold Inspection Company in Murrieta, CA

Located near Temecula, EZ Mold Inspections begins expanding in San Diego County. The company now provides asbestos testing and mold inspections in Oceanside, CA

We're excited to offer asbestos testing and mold inspections in Oceanside, California. We look forward to bringing deep experience, knowledge and insights to the residents in Oceanside.”

— Robert Armstrong

OCEANSIDE, CA, UNITED STATES, December 13, 2019 / — EZ Mold Inspections announces an expanded service area, providing asbestos testing and mold inspections in Oceanside, California. The inspection company begins expanding its service area in San Diego County. EZ Mold Inspections also serves nine areas in Riverside County, including Murrieta, Temecula and Menifee.

Now homeowners, renters and landlords in Oceanside, CA can rely on EZ Mold Inspections for expertise and insights about asbestos testing and mold inspections. During the rainy season, residents may experience water damage from leaks or intrusion in their Oceanside homes. If your home smells moldy or if you're experiencing health problems but you cannot see the mold source, you might want a mold inspection to locate hidden mold.

As an independent, third party inspection company, EZ Mold Inspections only offers inspection and testing services in Oceanside with no conflict of interest. The company does not offer removal or remediation services. As a result, clients can trust that EZ Mold Inspections has no financial incentive to find asbestos or mold problems and will only seek the truth to provide clients with honest answers.

Agreeing that homeowners should avoid conflicts of interest, Danny Lipford from the TV show "Today's Homeowner with Danny Lipford" warns "steer clear of companies offering both testing and mold remediation services. You can bet that if someone’s selling a service, they’re likely to 'find' something that scares you into signing up for cleanup."

"We're excited to offer asbestos testing and mold inspections in Oceanside, California. We serve our customers with honesty, integrity, and superior customer service," stated Robert Armstrong, owner and inspector of EZ Mold Inspections. "We look forward to bringing deep experience, knowledge and insights to the residents in Oceanside."

For more information, visit the EZ Mold Inspections website at

Contact Info:
Contact Person: Robert Armstrong
Organization: EZ Mold Inspections
Address: 39252 Winchester Rd, Ste 107-196, Murrieta, CA 92563
Phone: (951) 401-0565

About EZ Mold Inspections
Located in Murrieta, EZ Mold Inspections provides mold inspections and asbestos testing services and serves communities in San Diego and Riverside Counties. The company specializes in residential properties including single family homes, town houses, condos and apartments buildings. The company was established by Robert Armstrong who has more than two decades of experience as a real estate and mold inspector in Southern California.

Robert Armstrong
EZ Mold Inspections
+1 951-401-0565
email us here
Visit us on social media:

Mold Inspection and Testing in Murrieta, Temecula, Menifee, Lake Elsinore, Perris, Wildomar, Hemet, Canyon Lake, Winchester, CA

Source: EIN Presswire

Construction Chemical Market 2019 Global Industry Analysis, Opportunities, Size, Trends, Growth and Forecast 2025 adds “Global Construction Chemical Market Insights, Forecast to 2025” reports to its database.

PUNE, MAHARASTRA, INDIA, December 13, 2019 / — Construction Chemical Market:

Executive Summary

The overview of the global Construction Chemical market report provides a high-level summary of the market during the forecast period 2019-2025. The introduction contains the market definition, the general drivers of the market, along with its segmentation, key industry players, and competitive analysis. While explaining these attributes, the report also outlines the general outlook of the market during the stipulated period. The report contains extensive research and also includes the sale of product/services, revenue, product categories, and the constraints that can hamper the growth of the global Construction Chemical market. Most of this data is based on inputs provided by the industry leaders and other first-hand information collected from various sources.

Request Free Sample Report @

The following market key player are covered in this report:

W. R. Grace

The segmentation of the Construction Chemical market is based on several aspects, including regional analysis and product/services usage. The report also contains segments based on the end-user of the product/service. The segmentation is done with the end goal of providing the most accurate perspective on the market during the forecast period 2019-2025. When segmented based on the region, the report highlights Construction Chemical market activity in the North Americas, Latin America, Asia Pacific, Europe, and the MENA region.

Drivers & Constraints

The global Construction Chemical market report provides a detailed analysis of the drivers and constraints of the market’s growth owing to various factors. In order to get a more accurate prediction, the report provides a detailed analysis of the volume trends, value, and the market’s pricing antiquity. Furthermore, the report also covers latent growth factors and opportunities to evaluate the global Construction Chemical market during the forecast period 2019-2025.

Research Methodology

The report has been compiled by research analysts by doing a quantitative and qualitative assessment of all the first-hand information along with information gathered through secondary research. The information assessment is done as per Porter’s Five Force Model and includes an in-depth examination of the parent market trends, the market’s attractiveness based on segmentation along with macro-economic indicators. It usually includes macro- and microeconomic factors impacting the global Construction Chemical market.

Industry News

The global Construction Chemical market report focuses on several industry players shaping the market during the forecast period 2019-2025. Along with the companies’ profiles, the report highlights the competitive landscape and strategies of these companies to retain and grow their market share along with ways to enter new markets. Most of the companies' strategies include a merger, partnerships, acquisition, product launch, among others.

Table of Contents

1 Industry Overview of Construction Chemical

2 Manufacturing Cost Structure Analysis

3 Development and Manufacturing Plants Analysis of Construction Chemical

4 Key Figures of Major Manufacturers

5 Construction Chemical Regional Market Analysis

6 Construction Chemical Segment Market Analysis (by Type)

7 Construction Chemical Segment Market Analysis (by Application)

8 Construction Chemical Major Manufacturers Analysis

9 Development Trend of Analysis of Construction Chemical Market

10.1 Marketing Channel

11 Market Dynamics

12 Conclusion

13 Appendix


For further information on this report, visit –

email us here

Source: EIN Presswire

Peregrine Acquires Royalty in Webb County, Texas


Peregrine Acquires Royalty Interests in Webb County, TX

Dallas, TX – December 12, 2019
Peregrine Energy Partners has agreed to acquire producing and non-producing oil and gas royalties in Webb County, Texas from an undisclosed seller.

This acquisition features production from an operator who’s been active in the Eagle Ford shale for nearly 20 years, and is among the largest operators in Webb County.

“We’re very excited about our latest acquisition as it features production under Lewis Energy, which is an operator with over 1,500 producing wells across 450,000 acres in the play,” said Peregrine’s Managing Director, CJ Tibbs. “The technical expertise that a Lewis brings is considerable as Webb County is in their back yard and has been for decades.” Continued Mr. Tibbs, “Lewis has been consistent in its ability to generate steady and predictable cashflow from these properties, and we’re optimistic to be royalty owners under some of their core acreage.”

“Many people are surprised to know that Webb County is the 2nd largest gas producing County in Texas” commented Josh Prier, Peregrine’s Director of Acquisitions. “”These properties fit within our acquisition criteria well as they check a number of boxes for us including shallow declines, solid reserves and a very capable operator,” Mr. Prier added. “We expect this to be an asset that provides solid cashflow for years to come, and will continue to look for other similar properties nationwide.”

Peregrine has been very active working with mineral owners nationwide in 2019, deploying over $25 million to mineral owners looking for divestment options for part or all of their producing royalties.

“I think with the inherent fluctuation in commodity prices, some royalty owners want to take some of that risk and uncertainty off the table” said Wolf Hanschen, Managing Director of Peregrine. “Many of our clients don’t sit down and look at their royalties from a tax or estate planning perspective,” Hanschen remarked. “After completing our full analysis, many of our clients are surprised to learn what they stand to gain by divesting part or all of their interests.”

Peregrine Energy Partners are private purchasers of oil and natural gas royalties with over 50 years of combined experience. Over the past 15 years, the company’s founders have enjoyed working with hundreds of mineral owners in 30 states across millions of acres.

With its corporate headquarters in Dallas and acquisition offices in Denver, Peregrine is dedicated to providing value and optionality to royalty owners to maximize the value of their minerals.

To learn more or to obtain a valuation of your minerals, contact Josh Prier at (303)-256-6275 or

Josh Prier
Peregrine Energy Partners
+1 303-828-8318
email us here

Source: EIN Presswire

Silverthread Capital Corporation Expands Services With New Hires

Silverthread Capital Corporation

Small Independent Boutique Capital Advisory Firm Attracts Talent With Its Novel Business Model

Intermediaries are the stars and thus recognized with higher compensation and support than legacy mortgage-brokerage business models are able or willing to provide.”

— Adam Petriella

NEW YORK, NEW YORK, UNITED STATES, December 12, 2019 / — Silverthread Capital Corporation, formerly a portfolio company of a successful NYC based alternative asset management firm continues its growth as an independent Intermediary providing capital advisory to owners of commercial real estate.

Adam J Petriella, Managing Partner is pleased to announce the expansion of the Silverthread network. The most recent professionals to join the company are Richard Garfinkel, Jay Arana, and Dante Shackelford. Each of these professionals brings with them years of deal-making and finance intermediary experience and relationships.

"Silverthread is a unique platform with a simple premise, Intermediaries are the stars and thus recognized with higher compensation and support than legacy mortgage-brokerage business models are able or willing to provide," said Petriella.

Each of the new hires will be market leaders in New York, Connecticut, and Michigan, respectively.

Adam Petriella
Silverthread Capital Corporation
+1 212-500-2087
email us here

Source: EIN Presswire


Worlds Most Luxurious Ski Chalet

Worlds Most Luxurious Ski Chalet

Chalet Les Anges Zermatt Spa

Chalet Les Anges Zermatt Spa

Luxury Chalet Zermatt

Luxury Chalet Zermatt

Chalet Les Anges Living Room

Chalet Les Anges Living Room

Chalet Les Anges Living Room

Chalet Les Anges View

Chalet Les Anges is so deserving of the award of The World’s Best Ski Chalet. The property is simply the best ski rental property”

— Alexandra Baradi

NEW YORK, UNITED STATES, IRELAND, December 12, 2019 / — One of Exceptional Villas most popular vacation rentals has been awarded the World’s Best Ski Chalet for an unprecedented three years in a row. Chalet Les Anges has its location in the beautiful car-free town of Zermatt in Switzerland. It is a monumental achievement to be given the award for the best ski chalet in the world three years in a row. Chalet Les Anges also received the award for the best ski chalet in Switzerland.

The World Ski Awards which take places in Kitzbühel every year is the only global initiative that recognizes, celebrates and rewards excellence in ski tourism. The World Ski Awards take place every November. During the event, international leaders from the industry come together to exchange ideas, best practices, innovations and knowledge.
Exceptional Villas who are the world’s leading villa and vacation rental company when it comes to service represent villas and chalets throughout the world.

Alexandra Baradi, Owner and CEO of Exceptional Villas, said “Chalet Les Anges is so deserving of the award of The World’s Best Ski Chalet. The property is simply the best ski rental property.” The team led by Eilidh and Klodi work extremely hard and consider every last detail for their clients. Every guest feels extra special. Many clients mention that the team who work in the chalet are almost like magicians. They anticipate and think of their client's needs and wants almost before their clients think of them themselves. This ability to anticipate clients wishes is the hallmark of the incredible service that clients experience when they stay in the chalet.

Chalet Les Anges has a unique location overlooking the stunningly beautiful car-free town of Zermatt in Switzerland. With a south-facing position, the chalet has the best view of the famous Matterhorn mountain in the town. Enormous panoramic windows take full advantage of the spectacular view.

There are seven bedrooms in the chalet sleeping up to 14 people. Chalet Les Anges comes fully staffed with a house manager, assistant manager, housekeepers and a Michelin standard chef. In the winter months, the chalet comes fully catered, which means that the rate includes all meals, food, house wines and drinks. In the summer months, clients can choose between either bed and breakfast rate or a fully catered rate.

The wellness area is one of the highlights of this incredibly luxurious Ski chalet. Its features include natural stone walls, a central water feature, massage room, hammam, steam room, sauna, and shower. The spa has direct access to the terrace with incredible Matterhorn views. There is a 3m2 power jet plunge pool. For added convenience, guests have access to the Ski room with heated boots racks.

The town of Zermatt is extraordinary. It is one of the few car-free towns left in the world. The only forms of transport are by foot, bicycle, horse-drawn carriage or electric taxi. The town center has retained a beautiful old world charm yet is full of gorgeous restaurants, bars and shops. However, the crème de la crème of a visit to Zermatt is without a doubt the fantastic skiing and the gourmet mountain restaurants. The skiing is vast and is connected with the towns of Cervinia and Valtourneche. It is possible to have breakfast in Zermatt, lunch in Italy and dinner back in your chalet cooked by your private chef in Switzerland. The mountain restaurants are worth a special mention as there is no ski resort in the world with the same quality of restaurants as Zermatt. Lunches are generally long and leisurely with exquisite food and fabulous wines.


Exceptional Villas is a luxury villa rental company featuring only the best hand-picked and personally inspected properties in the world. The company has clients from all over the world. Exceptional Villas have been in the travel business for over 25 years and offer a bespoke service to their clients. This service includes matching the perfect villa to each of their clients and providing complimentary concierge service. This service includes organizing all aspects of the client's vacations such as VIP airport arrival, ground transportation, restaurant reservations, tours and excursions, water sports and pre-arrival stocking. Unlike some of their competitors, they do not provide a membership fee. Likewise, their villa experts are indeed experts. They visit every single villa and have a wealth of information regarding each villa, as well as each destination. Exceptional Villas take total pride in the customized service they offer. The company operates two other brands; Villas Barbados and Dream Ireland, which are designated rental brands for Barbados and Ireland.

For more information visit or call + 353 64 66 41170 or toll-free from the US and Canada 1 800 245 5109 and UK 0845 528 4197

Alexandra Baradi
Exceptional Villas
+353 87 223 2218
email us here

Source: EIN Presswire

DejaOffice CRM updated for Act! v22 – Featured as #1 Best Productivity App on Lifewire

iPhone synchronized with Act! CRM

Sync Act! CRM with Android and iPhone

Sophistciated mobile professional using DejaOffice Sync on an Airplane

DejaOffice PC CRM – Affordable On-Premise CRM with Android and iPhone Sync

Woman holding Phone with Act! Sync featured on Laptop

DejaOffice CRM App with Act!

Act! Mobility Pioneer leads SMB CRM Market in Features, Convenience and Effective US based Technical Support.

PORTLAND, OR, US, December 11, 2019 / — CompanionLink has released DejaOffice CRM App for Android and iPhone. These Apps are newly updated for Act! v22. Lifewire rated DejaOffice for Android the #1 Best Productivity App for 2019. Author Jody Emlyn Muelaner focuses on Android, but DejaOffice is also available for iOS devices. DejaOffice synchronizes Act! Contacts, Activities, Notes and History to iPhone and Android. The Lifewire article notes the strength of the DejaOffice Today Widget, which puts an agenda view on your Android home page with your appointments, tasks and contacts for today. One tap on the Today widget and you can map your next appointment or send them a text if you are running late.

“Act! is the industry pioneer for affordable PC based CRM,” says Wayland Bruns, CTO for CompanionLink. “We are pleased to continue our third decade of support as an Act! Add-On Partner. DejaOffice is one of the few CRM Apps that use local data. That means you can Complete appointments and schedule follow ups even if your phone is disconnected which can happen in a parking garage or office building. When you reconnect our sync system will transmit the changes to your Act! database in your office.”

Act! v22 has introduced a new type of HTML formatted Activity Notes. DejaOffice has been updated to handle this new feature. In prior Act! versions the Activity and Contact notes were in Rich Text format, but this has now changed with v22. DejaOffice also features Emoji support for Activities, which make the Month view more useful by adding pictures for different activity types. In DejaOffice, every Activity can have mapped locations, offering quick access to driving directions. DejaOffice now supports 20 Custom fields from Act! Finally, on Android, DejaOffice has improved support for SMS text stored to Act! Contact History – so you get a history record of your communication with customers.

CompanionLink Express is licensed for $79.95 per user – one-time purchase. If you own a past version you can purchase an update for $49.95. CompanionLink has US based free telephone tech support. CompanionLink offers option of a Support RunStart setup for $49, and Premium Support for $129. Both services allow a tech to log in your computer and set things up exactly as you need.

About CompanionLink
CompanionLink® Software, Inc. is a pioneering developer of data sync solutions for mobile phones. CompanionLink has synchronized Act! since the early days of Palm Pilot, and continues to support all versions of Act! DejaOffice CRM App by CompanionLink is found on the Google Play store, Apple App store and is available from the DejaOffice website. Founded in 1987 CompanionLink has helped mobilize information across devices, computers, applications, and web-based services. For more information, please visit and https://www.

CompanionLink, DejaOffice and DejaCloud are registered trademarks of CompanionLink Software, Inc. Other product names are trademarks or registered trademarks of their respective owners

Wayland Bruns
CompanionLink Software, Inc.
email us here
Visit us on social media:

Source: EIN Presswire

GoodLife Home Loans Helps Seniors Improve Cash Flow in 4 Steps

Reviewing Reverse Mortgage

Reviewing Reverse Mortgage

Many retirees struggle to cover expenses during retirement. Goodlife offers home equity conversion mortgages that allow seniors to access equity in their homes.

LAGUNA HILLS, CA, USA, December 11, 2019 / — Many retirees struggle to cover all of their expenses during retirement. Goodlife Home Loans (“GoodLife”) offers home equity conversion mortgages (HECM Reverse Mortgages) that allow seniors to access the equity in their homes for an additional source of retirement funding.

Building substantial retirement savings is an essential part of financial planning. Unfortunately, many Americans have fallen behind in their ability to plan ahead for retirement. A survey by Nationwide Bank found that the average retirement savings for a retired older adult is just over $95,000 – well short of the often-recommended $1-1.5 million. This is why many retirees turn to alternative sources of funding when looking to supplement retirement expenses.

GoodLife Home Loans offers a reverse mortgage solution for eligible seniors who have substantial equity in their homes and are looking for ways to supplement their retirement income. A home equity conversion mortgage (HECM), often referred to as a reverse mortgage loan, is a way for retirees to access the equity in their homes while still continuing to live in the home. This type of loan may benefit seniors who wish to age in place rather than a costly retirement facility. GoodLife outlines the 4 Step Reverse Mortgage process retirees can follow for loan approval, summarized below.

1. Start with education
The first step to take when considering a reverse mortgage is to learn more about the topic. You can speak with a GoodLife expert who will help you assess whether you are eligible for a HECM loan. You can also read more about reverse mortgages and other aspects of the senior experience on GoodLife’s website.

2. Meet with an approved counselor
The FHA requires that all reverse mortgage applicants meet with a counselor who has been approved by the Department of Housing and Urban Development (HUD). During this meeting, seniors learn more details about the HECM program as well as how the loan may affect their heirs and revenue streams. They will also walk seniors through loan options that could help supplement retirement income if a HECM does not fit their specific situation.

3. Home appraisal and application
For your convenience, GoodLife offers an online calculator that can be filled out on their website. After filling out the calculator, seniors who meet the qualifications are contacted by a representative who will walk them through their options. An independent appraiser visits the retiree’s home to assess its value. This helps determine the size of the loan they may be eligible to receive.

4. Underwriting and Funding
GoodLife must confirm that the senior is the legal owner of the home. Any outstanding debts or liens related to the home are also assessed during this period and paid off with the proceeds. Once all aspects of the loan have been approved by GoodLife, retirees are permitted to close the loan and access their equity in any manner that makes sense for them. The senior tells GoodLife how they want to access their proceeds – either monthly, or in a lump sum, or a combination of the two.

Although relatively few seniors have saved enough to maintain their standard of living in retirement, many seniors do have substantial equity in their homes. The problem is how can a senior access this equity. That’s where lenders like GoodLife step in. A HECM loan can be a viable way for seniors to access some (not all) of their equity and use it to live a more comfortable retirement. For over 1 Million homeowners (since 1988), the reverse mortgage has helped seniors to live a happier retirement, with less stress.

About the Company

GoodLife Home Loans is a certified lender specializing in Reverse Mortgages and HECM loans. They help eligible seniors access a portion of equity in their homes so they can continue to live The GoodLife in Retirement. By improving their retirement cash flow with a reverse mortgage, seniors may be able to pay for day-to-day expenses that might otherwise be out of reach. You can visit them at to learn more.

GoodLife Home Loans
+1 844-693-6040
email us here
Visit us on social media:

Source: EIN Presswire

FHA Announces 4 New Rules for Reverse Mortgages on Condos

Reverse Mortgage Condominium Changes

Reverse Mortgage Condominium Changes

Goodlife Home Loans can now offer its reverse mortgage loan services to owners of condominiums after changes to Federal Housing Administration guidelines.

LAGUNA HILLS, CA, USA, December 11, 2019 / — Goodlife Home Loans (“GoodLife”), announces it can now offer its reverse mortgage loan services to owners of more types of condominiums after recent changes to Federal Housing Administration (FHA) guidelines.

A home equity conversion mortgage (HECM), often referred to as a reverse mortgage, can be difficult to obtain on condominiums. Historically, this product was geared toward eligible property owners of single-family detached homes. In fact, only 6.5% of condominium projects are approved by FHA, according to GoodLife Home Loans.

However, recent changes from the FHA have made it easier than ever for seniors to access a reverse mortgage. The FHA, which is overseen by the US Department of Housing and Urban Development (HUD), introduced new changes in October, 2019, that will significantly increase the number of condo units that can be approved for reverse mortgage loans. The policy went into effect on October 15, 2019.

Goodlife, a well-known reverse mortgage provider, has recently released a guide to FHA changes, detailing the conditions that would-be loan applicants must satisfy in order to benefit from reverse mortgage proceeds. They report four (4) big changes that will have the greatest effect in expanding the pool of applicants who qualify, listed below.

1. Single unit approvals
Previously, an entire condominium project had to be FHA-approved in order for an owner of an individual unit to apply for a HECM loan. With the new regulation, the entire complex no longer needs to be FHA-approved. A “single unit” can now be eligible. However new rules also apply: the condo project must be completed and no more than 10% of units can be FHA-insured in complexes with more than 10 units (or no more than two FHA-insured units in complexes with few than 10). Still, these restrictions are less stringent than they were before.

2. Multi-use complex rule change
Multi-use complexes are a combination of residential and commercial spaces. The new FHA guidelines specify that non-residential space must be limited to 35% or less of the complex’s floor area. Previous regulations capped the percentage of non-residential floor area multi-use complexes could have at a much lower level. These “mixed use” types of properties are now more likely to be eligible for a reverse mortgage.

3. Owner occupancy ratio decrease
The past regulations, which were put in place after the 2008 financial crash, specified that 80% or more of the units in a condo complex must be owner-occupied in order for an individual condo to qualify for a HECM loan. Now, only 50% of units must be occupied by owners – and in some cases this rate can be as low as 35%. This means more people can qualify for a reverse mortgage even if the condo is not approved by FHA.

4. Insurance maximum increase
The last major change to FHA guidelines on HECM loans is an increase in the number of units it will insure in approved condo complexes. That number is now 50%. In addition to this change, recertification on condos has been changed to be once every three years – a one-year increase from the previous requirement. The whole purpose of these 4 positive changes is to help condo owners qualify for a reverse mortgage even if FHA did not approve the entire condo complex.

GoodLife has updated their own eligibility requirements for reverse mortgage applicants to match these newly expanded rules. This is good news for seniors who live in condominiums and are considering ways to supplement their retirement income.

About the Company

GoodLife Home loans is a certified Reverse Mortgage HECM lender that provides retirement solutions for retirees. They help eligible seniors tap into a portion of their home equity and convert it into loan proceeds in the form of cash, a line of credit, or monthly payments. These funds can be applied to retirement expenses that are necessary for maintaining a better retirement. You can learn more by visiting and downloading their GoodLife Guide, which is a comprehensive guide to reverse mortgage loans.

GoodLife Home Loans
+1 844-694-0450
email us here
Visit us on social media:

Source: EIN Presswire

Taradel Named Winner in Lead Generation Category at Keller Williams futuRE Pitch Battle

Taradel at Keller Williams futuRE

Taradel at Keller Williams futuRE

Keller Williams agents vote to fast-track Taradel's direct mail and digital advertising platform at invitation-only futuRE event.

RICHMOND, VIRGINIA, USA, December 11, 2019 / — Taradel, a martech firm specializing in integrated direct mail and digital advertising, was named the winner of the Lead Generation category at futuRE, an invitation-only real estate technology pitch battle. Powered by Keller Williams, the world’s largest real estate technology franchise by agent count, futuRE was focused on “where the next generation of real estate begins.”

Taradel was among a list of 29 tech companies that competed for votes from agents to access their businesses operating within the Keller Williams ecosystem and the Keller Cloud, a proprietary, AI-fueled real estate cloud for Keller Williams agents.

“Named the winner in the Lead Generation category, we’re excited to announce Taradel will receive prioritized integration into the Keller Cloud, as a direct result of live agent votes this week,” said Jeff Tamaru, head of corporate development, Keller Williams. “With futuRE, our aim was to empower our agents with best-in-class solutions to choose how they want to run their business within our platform.”

The futuRE event took place at the Aria hotel in Las Vegas on Dec. 9 and 10, 2019.

Launched by founder and CEO, Jim Fitzgerald in 2003, Taradel provides advertisers with an all-in-one marketing platform to identify audiences, create marketing campaigns, and distribute ads across multiple channels ranging from direct mail to Facebook. Bolstered by partnerships with brands such as Progressive Insurance, Staples, and Canada Post, the company has grown from a spare-room startup into a leading provider of marketing solutions.

“This entire experience, especially meeting with the Keller Williams team, has been amazing,” said Jim Fitzgerald. “To have the Keller Williams agents vote for us amongst so many great companies, and to speak with them and witness the excitement for our marketing platform — it was truly an honor. We’re excited to get to work on integrating into the Keller Cloud.”

More than 450 real estate leaders on-site voted together with agents in North America via livestream to select 10 finalists, one finalist per category, to prioritize and onboard into the Keller Cloud.

The group of 29 tech companies was selected from an original list of more than 80 companies competing for access into the Keller Cloud during a weeklong voting process that happened in November 2019.

KW collaborates with leading technology companies, such as Taradel, to enhance the operations of real estate businesses via the Keller Cloud.

In 2019, KW released KW MarketPlace, an app store for KW agents to browse top software integrations made by non-KW developers, in beta. KW MarketPlace is currently available to agents through Command, KW’s smart CRM-plus solution.

Using a Keller Cloud application programming interface, or API, available for outside technology developers, Keller Williams enables the integration of additional top technology tools within an agent’s Keller Cloud solutions.

About Keller Williams
Austin, Texas-based Keller Williams, the world’s largest real estate technology franchise by agent count, has more than 1,040 offices and 185,000 associates. The franchise is also No. 1 in units and sales volume in the United States.

About Taradel

Founded in 2003 by serial entrepreneur, Jim Fitzgerald, Taradel is a perennial Inc. 5000 martech company specializing in marketing solutions for business applications. To date, advertisers have deployed more than 200 million Every Door Direct Mail® and digital ads using the company's platform. To learn more visit

Chris Barr
+1 804-298-3691
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Source: EIN Presswire