Housing Wire

FEBRUARY 14, 2024

If you’re known in your market as the expert who successfully sells properties between $1 to $3 million, how do you start getting clients looking for homes valued at $10 million+? How do you convince the sellers of $15 million homes to work with you? Visit Coffee & Contracts 2.

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Real Estate Agent Real Estate Agents Luxury Properties 399

Housing Wire

MARCH 29, 2023

“After that time, HELOC production waned as defaults spiked and home values plummeted, and HELOC securitizations effectively stopped for nearly a decade. Those 17 deals were backed by home-equity collateral valued in total at $3.9 Saluda is the borrower, and they face Barclays,” Craft explained.

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Contracts Lending Investing Investors 361

Housing Wire

MARCH 10, 2023

ATTOM , a real estate data provider, reports, however, that the “severe contraction across the lending industry in the fourth quarter of 2022 even hit HELOCs” in terms of origination volume. Our contract is little different in that we share part of the entire home value at the end of the contract.

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Housing Market Marketing Contracts Lending 366

Appraiserblogs

FEBRUARY 21, 2023

The AEI Housing Center recently released an analysis revealing that reports by the Federal Housing Finance Agency (FHFA) and by Brookings, attributing the greater prevalence of under-valuations in home purchase appraisals.

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Valuation Contracts Home Value Sellers 141

Housing Wire

FEBRUARY 27, 2024

Exclusivity: No Trial period: No Contract requirements: Annual contract required SmartZip is a lead generation, marketing and CRM solution founded in 2008. This snapshot can give you insight into how home values are performing for the market you want to focus on. Automated marketing: Yes.

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Advertising Tools Real Estate Sellers 388

Housing Wire

FEBRUARY 9, 2021

Home sales in the Hamptons shot up 51% in the third quarter; contracts for homes in Palm Beach rose 62%; and skiing destinations like Aspen, Colorado saw an uptick in children’s school enrollments. ” The post Vacation home demand soared in 2020 appeared first on HousingWire. .

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Home Value Brokerage Contracts Agents 395

Housing Wire

JANUARY 2, 2023

(The Case-Shiller home price indices for October is a three-month average of closing prices in August, September and October. Because most home sales take several months from contract to closing, the data likely includes some deals struck in June and July.). to a reading of 315.13.

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Home Value Housing Market Contracts Sellers 387

Housing Wire

SEPTEMBER 11, 2023

The good news for homeowners is that home values in most areas remain stable, and inventory levels for homebuyers are still low. Along with digital transactions that automate the entire sales process, from contract signing to closing, improving efficiency, reducing paperwork and speeding up the overall transaction timeline.

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Inventory Technology Design Tools 394

Housing Wire

OCTOBER 16, 2020

million homes are located in areas at high risk of wildfire across the states of Washington, Oregon and California, with a total estimated home value of $3.3 In low-risk areas, 35% of homes sold above list price, compared to 27% in high-risk areas. More than 4.5 trillion, a new Redfin report said.

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Housing Market Home Value Contracts Marketing 446

Housing Wire

JULY 14, 2021

Home sales in the Hamptons shot up 51% in the third quarter; contracts for homes in Palm Beach rose 62%; and skiing destinations like Aspen, Colorado, saw an uptick in children’s school enrollments. The post Purchases of second homes declined in June appeared first on HousingWire.

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Home Value Contracts Lending Mortgage 437

Housing Wire

JANUARY 13, 2022

But they claim that Quicken Loans influenced appraisers to raise their home values and originate higher loans. According to the lawsuit, the Aligs, for example, estimated their home was worth $129,000, and provided the information to Quicken Loans. .” Messages left with plaintiffs’ attorneys were not returned.

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Appraisal Law Valuation Home Value 414

Housing Wire

JUNE 21, 2022

billion in premiums, which ALTA attributed to historic mortgage origination activity and the substantial increase in home values. “A A strong purchase market and continued home appreciation helped offset ongoing contraction in refinance volume to help drive the 3.6%

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Insurance Home Value Contracts Marketing 297

Appraisal Today

APRIL 26, 2024

I have also done many relocation appraisals, done before the home is listed. What should appraisers look for in a sales contract? The underwriter revealed that the tool uses a ‘Census Block Grid’ adjustment (CBG) to evaluate comparable property values. You are “graded” on how close you come to the sales price. percent from 7.13

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Appraisal Real Estate Real Estate Agent Contracts 60

Housing Wire

JULY 19, 2022

For example, he explained that companies are converting real estate into NFTs and using a smart contract to close in a few days rather than weeks. They’re also using the metaverse to tour homes from across the world, and there are many other applications that will likely change the way consumers purchase real estate in the future.

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Mortgage Loan Officers Technology Real Estate 397

Housing Wire

APRIL 9, 2021

.” In determining how much WRRE will pay to buy the home from a client, Raveis said he “could have a million data scientists creating algorithms of what the right home value is, and none of them would be right because the right value for the home is what the market is willing to pay.”

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Brokerage Real Estate Clients Insurance 406

Eppraisal

OCTOBER 19, 2021

This is due to low interest rates, historically low inventory and more than usual buyers flocking to the market, thus, homes have been selling in record time. As a result, home values have been increasing. There are many instances nowadays where a house doesn't appraise for the price on the contract.

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Appraisal Contracts Sellers Home Value 66

Housing Wire

AUGUST 28, 2020

The products I’ve put into this category primarily help in converting leads, prospects and opportunities into contracts. Specifically, I’m talking about listing agreements and sales contracts. The first is listing tools – the products designed for you to convert potential sellers into listing contracts. in 2019.

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Tools Sellers Real Estate Contracts 245

Housing Wire

APRIL 13, 2021

year-over-year increase in home values. Rapidly accelerating home prices come with a variety of challenges for lenders and real estate agents, including one of the biggest pain points right now — the appraisal gap. Even clients with homes priced over $1 million have seen up to five offers this year, she said.

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Housing Market Buyers Marketing Real Estate Agent 533

Cleveland Appraisal Blog

OCTOBER 14, 2021

THE RISE IN HOME PRICES IN THE YEARS LEADING TO 2008. On many of my appraisals at that time, my opinion of value would not support the contract price. Perhaps they were drinking the Kool-Aid that some are drinking today, that market value is whatever the purchase price is. He shares some excellent insights on the subject.

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Inventory Market Value Appraisal Contracts 243

Eppraisal

FEBRUARY 28, 2023

As homes have been selling with multiple offers and at record speeds over the past few years, home buyers have been watching home statuses carefully in case contracts fall through. If the buyer does not meet these contingencies, he/she can get out of the contract without losing any money.

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Inspection Contracts Sellers Real Estate 36

Eppraisal

AUGUST 19, 2022

Home buyers almost always have a professional home inspection performed by a licensed inspection company when they purchase a home. However, it is not a bad idea for sellers to have a home inspection, or pre-listing home inspection, performed as well.

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Inspection Sellers Buyers Advertising 68

Eppraisal

DECEMBER 2, 2022

It's a security blanket of sorts for you to be sure there aren't safety hazards and major defects in the home. Contracts to purchase homes have clauses in them that allow buyers to have a professional inspection performed, typically within the first five to ten days of signing the contract.

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Inspection Technology Tools Home Value 69

Eppraisal

NOVEMBER 9, 2021

Home buyers are still flocking to homes when they are listed for sale. Buyers continue to offer list price and above as home values are still going up. When a home buyer doesn’t pay cash for a home, he will most likely be purchasing the home with the help of a mortgage lender.

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Appraisal Contracts Sellers Home Value 36

Clear Capital

FEBRUARY 23, 2024

If it is not highlighted by the lender, the appraiser should review the income and resale restrictions in the purchase contract, and notify the lender before completing the order that it is a shared equity property. The contract will also likely reference a second document, either a deed restriction or a ground lease.

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Valuation Market Value Contracts Appraisal 36

Eppraisal

MARCH 22, 2024

While ensuring a window operates properly has minimal impact on home value, it makes living in a house more pleasant. Clean Awning and Overhangs Adding awning and home trim typically requires the help of professionals and can be costly. Seal any cracks in the sidewalks from expansion and contraction during weather shifts.

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Inspection Home Value Contracts Marketing 36

Eppraisal

JULY 12, 2022

Earnest money is the money a buyer offers to have deposited at contract time to show he is earnest or serious about purchasing the home. As home values have been rising, so have earnest money amounts. How Earnest Money Works When you submit an offer to purchase a home, part of the contract deals with earnest money.

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Contracts Real Estate Agent Sellers Real Estate 36

Housing Wire

APRIL 26, 2022

Essentially, through the so-called Bacon Protocol — a set of smart contracts and programming that exists on the Ethereum blockchain platform — investors can purchase stable coins, which are a form of “stable” cryptocurrency pegged to the value of the U.S.

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Mortgage Technology Investing Investors 445

Eppraisal

FEBRUARY 17, 2023

There are two ways in which home values can be estimated by real estate professionals. The average consumer may not know the difference between the two, however, home buyers and sellers need to know. " All in all, a CMA is performed by a real estate agent for a home seller or a home buyer.

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Appraisal Real Estate Agent Marketing Real Estate 36

Eppraisal

JULY 19, 2022

With home values rising and homes selling at record speed, it is helpful to have an attorney on your side during the transaction. Contract Review Whether you are a home buyer or a home seller, once you sign a contract it is time to hire a real estate attorney.

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Real Estate Inspection Real Estate Agent Contracts 36

Eppraisal

OCTOBER 26, 2021

Inspection Contingencies Defined When buyers and sellers agree on all the terms of a real estate contract, it is signed and delivered to all parties. Most real estate contracts have a 5-business day inspection contingency automatically written into the contract. Inspection contingencies are in place to protect buyers.

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Inspection Buyers Real Estate Agent Contracts 69

Eppraisal

JUNE 1, 2021

List your home for sale on the market one minute, and the next you're likely fielding offers. Gay Cororaton, the Research Economist for the National Association of Realtors states, "On average, there were four offers per home sold (closed) in February 2021." Home values are rising because of this.

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Real Estate Contracts Sellers Buyers 64

Housing Wire

NOVEMBER 13, 2023

Course also covers Florida Real Estate Law and Contracts, Valuation, appraisal, financing, federal income tax laws, zoning and planning, environmental issues & more. The CE Shop pricing Education Type Prelicensing Exam Prep Post-License CE Broker Prelicensing Starting at $104.25 $101.25 $115 $221.25 This is the equivalent of $32.31

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Real Estate Real Estate Agent Agents Law 413

Eppraisal

FEBRUARY 7, 2023

By contrast, a homebuilder acquires raw land to build on and sell when home values are high. Property values are home values just as commercial property values center on the building. Appraisers can evaluate worth in relation to similar structures and sellers can base their asks on appraised market value.

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Development Sellers Legal Home Value 69

Eppraisal

NOVEMBER 30, 2021

Housing starts increased right along with home values in 2021. Many national builder developments across the country are selling homes faster than they have in some time. They will ask for a deposit to hold the lot for a few days until an appointment is made to sit down together and write the formal sales contract.

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Contracts Home Value Design Development 36

Eppraisal

DECEMBER 6, 2022

An array of factors influences the home value, mortgage interest rate, fees and timing of these exchanges. In this post, we talk about how issues near and far play a role in home sales. In brief, recessions result in significant contraction of the workforce -- job losses are common during these downturns.

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Real Estate Marketing Home Value Realtors 69

Eppraisal

NOVEMBER 25, 2022

In addition, destitute populations can affect home value in the community. Thus, the housing authorities have a vested interest in locations of satisfactory home value. Once this contract is inked, the landlord can then collect monthly payments from both the tenant and the housing authority.

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Tenants Landlords Investing Government 69

Eppraisal

APRIL 25, 2023

Do REO requirements, home value thresholds or any other criteria for sale and purchase change when a bank collapses? A successor bank is obliged to honor the contracts the failed bank entered into. Held properties, not under contract, are subject to the new bank's rules. What Happens to REOs when a Bank Fails?

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Housing Market Real Estate Property Taxes Home Value 36