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Reverse purchase financing: The financing option no one is talking about

Housing Wire

1 With over 12,000 Americans turning 65 every day in 2024, this burgeoning market will undoubtedly continue to bring more buyers and sellers to the table over the next decade. Recently, Interested Party Contributions (or seller concessions) have been allowed with HECM for Purchase loans. What is reverse purchase financing?

Finance 418
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Opinion: Why real estate agents shouldn’t worry about commission changes

Housing Wire

And before getting my real estate license in 2009, I had the same opinion, too. The National Association of Realtors has provided these facts: 86% of buyers purchased their home through a real estate agent or broker. A seller and agent/brokerage either agrees to the terms and compensation or they don’t.

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HW+ Member Spotlight: Stacy Esser

Housing Wire

His recent article, “Purchase apps are at 2009 level: where’s the inventory?” We can’t just show homes; we have to be a professional real estate business, which means being able to have real conversations when buyers and sellers ask us questions like, “Did we miss the market?” “Are His articles are always my favorite.

Sellers 380
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Joseph Ribeiro Joins the Business Development Team

Lamacchia Realty

During his time as a REALTOR®, Joseph expertly served buyers and sellers throughout Massachusetts and Rhode Island since 2017. "We Joseph Ribeiro Business Development Consultant, REALTOR® Lamacchia Realty has been serving buyers and sellers since 2009. We are so excited to add Joey to our team.

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Nearly 40 housing tech firms make the 2023 Inc. 5000 list

Housing Wire

Homelight , a platform for homebuyers and sellers, was No. 403 Homelight 1,444% 2012 Providing a platform that helps deliver better outcomes for homebuyers and sellers. 997 American Mortgage Mortgage 594% 2019 A 100% employee-owned company providing solutions to mortgage industry challenges, which benefit clients and employees.

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Chris Rochon Joins Business Development Team

Lamacchia Realty

Chris served buyers and sellers in the Greater Merrimack Valley area during his time as a REALTOR. He always loved working with people, getting to know the other REALTORS just as well as his clients. Chris Rochon Business Development Consultant Lamacchia Realty has been serving buyers and sellers since 2009.

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How Andrew Marquis plans to close more loans in a low-inventory market  

Housing Wire

It’s also what keeps Andrew Marquis, regional vice president at CrossCountry Mortgage and Scotsman Guide ’s seventh top LO, up at night, especially as he sees more buyers entering the market. I know that sounds crazy, but we have a lot of clients reaching out for pre-approvals. I’m curious how this will impact potential buyers.

Inventory 317