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Opendoor Technologies Inc. is an online company that buys and sells residential real estate. Headquartered in San Francisco , it makes instant cash offers on homes through an online process, makes repairs on the properties it purchases and relists them for sale. [ 2 ]
The company operates the Lively phone service, an MVNO, or mobile virtual network operator, where it rents cellular service from other operators, and primarily caters to seniors with old-fashioned phones and medical alert devices. [16] Lively manufactures the Jitterbug Flip phones, an easy-to-use cell phone marketed for American elderly. [16]
Image source: Getty Images. A housing recovery is on the way. Like other online real estate stocks, Opendoor's business is highly sensitive to the state of the housing market, and with existing ...
There are around 50,000 private senior living developments in the UK alone, which is insufficient to meet the demand from an increasing number of retirees. It was predicted that by 2020, 19.3% of the UK population would be aged 65 or over, and a minimum of 35,000 new senior living development properties would need to be created to meet housing ...
Condo loans can be a bit trickier than a typical single-family home loan, even if you have an excellent credit score, as the lender will want to scrutinize the finances of the condo development as ...
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