Reverse mortgage scam targets elderly women – WGN-TV
Reverse mortgage scam targets elderly womenWGN-TVIt started with Diamond promising to fix up their homes through what he says is a free government program. But what he's really doing is signing them up for a reverse mortgage… where the homeowner borrows money against the value of the home and …
Porch gets $65 million to build out network of housing contractors (mashable)
Porch, the Seattle-based startup that connects homeowners with contractors, has raised another $65 million to build up its national network.
Launched just 16 months ago, Porch has received more than $100 million in total funding with this latest round from Valor Equity Partners, Founders Fund, Battery Ventures, Panorama Point Partners, Lowe's Home Improvement and TV personality Ty Pennington, among others.
See also: 10 startups to watch in 2015
The premise behind Porch is that contractors on the network leave a history of their recent jobs. So if you're looking for someone to, say, fix your fence, you'll be able to see who's fixed your neighbors' fences, what they thought of the job and a price range for the job. Porch makes a commission of around 15% to 20% if a homeowner books a job. The company also makes money by offering premium accounts for contractors and by providing data to realtors Read more…
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Renovating with Fannie Mae's help
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In the Midst of a Kitchen Remodel? 6 Tips for Cooking & Eating While The … – Care2.com
Care2.comIn the Midst of a Kitchen Remodel? 6 Tips for Cooking & Eating While The …Care2.comImprovise with an emptied-out bookcase or a base cabinet salvaged by your kitchen remodel contractor to hold essentials such as knives, peelers, and can openers. Then pack your remaining kitchen equipment into clearly labeled boxes and store them out …