Marcus by Goldman Sachs® Partners with HouseCanary® to Launch Home Addition Calculator
August 28 2018 - 9:25AM
Business Wire
New Online Tool Estimates Adjusted Property
Value
Today Marcus by Goldman Sachs® announces the new Home Addition
Calculator, created in partnership with HouseCanary®, a leading
data analytics and valuation platform for real estate
professionals. The Home Addition Calculator is an innovative tool
which helps homeowners to calculate the estimated adjusted value of
a home addition.
The creation of the free calculator is part of Marcus’
commitment to provide personalized products and resources to help
consumers take control of their finances.
Marcus offers personalized financial products including personal
loans and high-yield savings accounts that are designed to help
people be smarter with their money. Earlier this year, Marcus
personal loans became available for home improvement projects –
providing funds to homeowners to make their renovation ideas a
reality.
The free Home Addition Calculator uses public information and
market factors, including sales and listing data from MLS and
county assessor records, in addition to other factors, to estimate
property values. The calculator provides estimates in real time for
the value of a home based on the following home additions:
• Bathroom
• Bedroom
• Pool
• Square footage
“We are excited to partner with HouseCanary to offer a new
resource to consumers who are looking to build an addition to their
home,” said Abhinav Anand, Head of Lending for Marcus by Goldman
Sachs. “Our free Home Addition Calculator provides homeowners an
estimate of how much an addition could impact the value of their
home and helps them make smarter financial decisions.”
“Marcus by Goldman Sachs is helping homeowners finance their
home improvement dreams using a streamlined technology experience,”
said Jeremy Sicklick, co-founder and CEO at HouseCanary.
“HouseCanary’s industry-leading data and proprietary analytics
provide homeowners with in-depth insights on the current and
estimated future values of their homes, and we are excited to
partner with Marcus to bring this project to life.”
Marcus home improvement loans have no fees. Ever. No sign-up
fees, no late fees (customers only pay interest for the additional
days) and no prepayment fees. The application process is easy and
does not require a home appraisal or borrowing against your home.
Once approved, many Marcus customers receive their funds within
four days. Marcus home improvement loans provide borrowers complete
control over how they use their funds without being committed to
pre-approved projects or a single contractor. Loans range from
$3,500 to $40,000 for periods of three to six years, providing
creditworthy customers with a smart and simple solution for
investing in a home renovation. Marcus home improvement loans
provide value, simplicity and flexibility.
To learn more about the Home Addition Calculator and Marcus home
improvement loans, visit www.marcus.com.
About Marcus by Goldman Sachs®:
Marcus by Goldman Sachs® offers products and tools designed to
help people achieve financial well-being. Marcus offers no-fee,
fixed-rate unsecured personal loans, high-yield online savings
accounts and certificates of deposit in a variety of terms as well
as home improvement loans. Marcus is supported by the Goldman Sachs
Group, Inc. (NYSE: GS) and its 148-year history of financial
expertise, risk management and customer service.
About HouseCanary®:
Founded in 2013, HouseCanary's mission is to help people make
better real estate decisions. Built on a foundation of great data,
powerful models, and predictive analytics, the HouseCanary platform
aggregates millions of data elements, including more than four
decades of property data and a rapidly expanding arsenal of
proprietary calculations and analytics, to accurately define and
forecast values and market influences. HouseCanary is financed by
notable investors including Hillspire (Alphabet Executive Chairman
Eric Schmidt's family office), PSP Growth/PSP Capital (firm founded
by entrepreneur and former Commerce Secretary Penny Pritzker),
Alpha Edison, ECA Ventures, Raven Ventures and other top investors.
The company is headquartered in San Francisco.
www.housecanary.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20180828005479/en/
Marcus by Goldman SachsMaria Gonzalez, 212-902-5400orZeno
GroupCathleen Koo, 212-299-8984
Goldman Sachs (NYSE:GS)
Historical Stock Chart
From Aug 2024 to Sep 2024
Goldman Sachs (NYSE:GS)
Historical Stock Chart
From Sep 2023 to Sep 2024