Housing Wire

MARCH 14, 2022

As the principal broker for a RE/MAX franchise in coastal Cannon Beach, Oregon, Alaina Giguiere’s typical responsibilities include marketing homes for sellers, touring homes with buyers, generating new business leads, managing client relationships, and drafting and reviewing contracts with buyers and sellers.

Real Estate 396

Real Estate Insurance Law Real Estate Agent 396

Lamacchia Realty

FEBRUARY 21, 2024

SELLERS, HERE'S WHAT TO DO IF A BUYER REQUESTS REPAIRS AFTER INSPECTION Selling your home and moving into a new one can be an exciting life chapter. A common issue that sellers should be prepared for is a buyer requesting repairs after the home inspection. So, what do you, as a seller, do in this scenario?

Inspection 70

Inspection Sellers Buyers Agents 70

Housing Wire

JUNE 27, 2023

The list includes potential irregularities regarding the Community Development Financial Institutions ( CDFI ) regulations, specifically a rule requiring lenders to provide annual documentation attesting that 60% of their loans go to the target markets certified by the U.S. Department of Treasury.

Investors 305

Investors Law Insurance Lending 305

Eppraisal

FEBRUARY 14, 2023

There are many terms used in real estate transactions that home buyers and sellers may not completely understand. Buyers and sellers will often use the terms title and deed interchangeably. Taking title is a concept, not a document. When you close on a home, you will not receive a title document.

Legal 69

Legal Insurance Sellers Real Estate 69

Housing Wire

NOVEMBER 9, 2020

Earlier this year, Fannie Mae and Freddie Mac modified their Seller Guides and provided guidance on several policy areas to support mortgage originations. In 2017, the associations collaborated to create standard legislation that is safe for consumers, ensures the transaction can be insurable and is technology neutral.

Law 431

Law Legal Technology Real Estate 431

Housing Wire

SEPTEMBER 9, 2020

We recognized the potential of the Notarize platform and have worked with their team to tackle the legal and technical barriers to RON,” said Don Casey, president and CEO of Realogy Title Group. The increased adoption of RON is being driven by more tech-focused lenders , Casey noted in an interview.

Insurance 318

Insurance Legal Brokerage Agents 318

Appraisal Hub

NOVEMBER 30, 2023

Informed Decision-Making for Sellers and Buyers: Whether you’re selling or buying a home in Toronto, an appraisal gives you a solid foundation for negotiation. Sellers can set a competitive and realistic asking price, while buyers can ensure they’re making a fair offer.

Appraisal 78

Appraisal Property Taxes Valuation Market Value 78

Housing Wire

MARCH 7, 2022

Absolutely, I will offer an NFT option to sellers within the next year,” said Richard Hopen, a Compass agent in Short Hills, New Jersey. The Gulfport seller, Heckler explained, created a limited liability company that held ownership of the home. Propy then guided the seller into minting the LLC as an NFT.

Real Estate 455

Real Estate Law Inspection Agents 455

Housing Wire

JUNE 11, 2021

You can potentially ask the seller to pay for the improvements, or you can ask for a lower sales price to offset the cost of the repairs. If the seller is eager to sell the property, they might lower the listing price to match the appraisal. On the other hand, the seller might disagree with the appraisal and refuse to negotiate.

Inspection 423

Inspection Appraisal Buyers Appraisal Process 423

Eppraisal

OCTOBER 23, 2023

The seller can reject your bid, make a counteroffer or accept your original proposal. Your response depends on how the seller replies. If the Seller Rejects Your Offer The seller may deny your home purchase offer for various reasons. Your offer will only become legally binding if the seller signs it.

Real Estate Agent 69

Real Estate Agent Sellers Inspection Real Estate 69

Realtor

OCTOBER 29, 2020

When you buy a home, you “ take title ” to the property and establish legal ownership—a process that’s confirmed by local public land records. As part of the closing process, your mortgage lender will require a title search, and you’ll need to purchase title insurance to protect you from legal claims to the house.

Buyers 208

Buyers Inspection Contracts Real Estate Agent 208

Movoto

MAY 29, 2024

Once the parties sign the real estate purchase agreement and the buyer pays earnest money, several additional steps must be completed before the property can successfully transfer from seller to buyer. The steps completed during the real estate closing process are as follows – just note that some steps will differ for buyers and sellers.

Real Estate 36

Real Estate Inspection Real Estate Agent Buyers 36

Movoto

APRIL 8, 2024

After submitting an offer on a home you plan to purchase, a few things might happen – once an offer is accepted (typically, after negotiations but not always), real estate sales agreements come into effect between buyers and sellers. Title and Insurance. What Are Real Estate Sales Agreements? Property Identification.

Contracts 36

Contracts Real Estate Property Taxes Legal 36

Eppraisal

JULY 19, 2022

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. This means that both the buyer's and seller's attorneys will have that amount of time to look over the contract and propose any legal changes to the contract that they deem necessary.

Real Estate 36

Real Estate Inspection Real Estate Agent Contracts 36

McKissock

MAY 15, 2023

Don’t assume that because you know real estate from an appraiser’s perspective, that you can represent buyers or sellers successfully.) An online legal team such as Rocket Lawyer can provide templates for various legal documents, as well as personalized legal advice, for a monthly fee—usually less than $100.

Business 71

Business Appraisal Advertising Real Estate 71

Raleigh Realty

AUGUST 17, 2021

Whether you are a first-time home buyer or you're buying again, you will want to know how Due Diligence and Earnest Money impact you as a buyer or seller in North Carolina The following article is going to be regarding Due Diligence, Due DIligence fees, and Earnest Money in North Carolina Real Estate. Due Diligence: What Is it?

Real Estate 148

Real Estate Real Estate Agent Contracts Inspection 148

McKissock

SEPTEMBER 20, 2021

In its Standard of Practice 1-2, “client” means persons or entities with which the Realtor® has an “agency or legally recognized non-agency relationship.” Article 2 requires honest communications regarding a seller’s property. You may represent the seller and will owe fiduciary duties to that seller.

Real Estate 58

Real Estate Clients Real Estate Agent Realtors 58

Realtor

OCTOBER 29, 2020

When you buy a home, you “ take title ” to the property and establish legal ownership—a process that’s confirmed by local public land records. As part of the closing process, your mortgage lender will require a title search, and you’ll need to purchase title insurance to protect you from legal claims to the house.

Buyers 78

Buyers Inspection Contracts Real Estate Agent 78

Eppraisal

JANUARY 29, 2023

In this posting, we will follow the acts of contract negotiation and legal settlement when undeveloped land changes ownership. Contacting the Seller The first question a buyer must answer is whether the lot is listed for sale or not. is performed; funds are transferred; documents are signed and title is passed.

Development 36

Development Counter Offer Easement Legal 36

Zillow

JULY 15, 2019

Appraisal : An informed, impartial and well-documented opinion of the value of a home, prepared by a licensed and certified appraiser and based on data about comparable homes in the area, as well as the appraiser's own walkthrough. Closing : A one- to two-hour meeting during which ownership of a home is transferred from seller to buyer.

Real Estate Agent 56

Real Estate Agent Insurance Inspection Buyers 56

Will Springer Realtor

AUGUST 2, 2022

Preparing a home for sale includes dozens – or even hundreds – of steps choreographed between seller, agent and other key individuals. A Homeowners Association can take legal action against an owner and win legal judgments for damages if rules are flouted – proceedings that may slow or prevent the sale.

Easement 36

Easement Sellers Legal Buyers 36

Lamacchia Realty

MARCH 9, 2023

HOAs can also have legal power over properties. In the state of Florida, homeowners are expected to cover insurance for personal property within the home, as the HOA fees only cover community items. Homeowners associations have legal power over property owners. What Happens If I Don’t Pay The HOA Fees?

HOA 71

HOA Legal Buyers Realty 71

PennyMac

JUNE 28, 2022

Throughout the process of buying a home, many professionals have contributed important services, and both buyers and sellers will need to pay fees for that before the property can be officially sold. Closing costs can apply to both the buyer and seller. Down payments of 10–24.99%—sellers can contribute 6% of closing costs.

Insurance 36

Insurance Property Taxes Sellers Inspection 36

Realvals

JUNE 18, 2023

” ( source ) The only way to obtain legal ownership of the property is to go through the probate process. It’s not uncommon for property owners, insurance companies, or tax authorities to have contrasting opinions on the value of a property. This often occurs when there is no will to determine which assets belong to who.

Appraisal 145

Appraisal Property Taxes Real Estate Market Value 145

McKissock

APRIL 3, 2022

There are usually too many cooks in the kitchen when you’ve got those who handle your listings, payment transactions, as well as your legal documentation with your clientele. For buyers and sellers, this means they’ll get more bang for their buck when they save on commissions and fees typically charged by brokers, lawyers, and banks.

Real Estate 73

Real Estate Real Estate Agent Technology Contracts 73

Listing Spark

JANUARY 15, 2024

Real estate brokerages facilitate property transactions in a legal, business, and insured capacity, and they provide resources to buyers, sellers, and agents under the brokerage’s umbrella. These factors will make your offer more tempting to sellers who want a deal done.

Brokerage 36

Brokerage Investors Investing Real Estate 36

Will Springer Realtor

MAY 7, 2024

That can leave the sellers on the hook for a large capital gains tax on the sale. That’s why you should document the cost basis of your home over time. Consider it as a baseline, says Quicken Loans: When you sell the property, the cost basis is subtracted from the net sales price to determine capital gains tax liability.

Legal Fees 48

Legal Fees Realtors Real Estate Sellers 48

Quicken Loans

JUNE 10, 2021

As you may have already experienced, without a preapproval , real estate agents aren’t going to give you too much of their valuable time (especially in a seller’s market). They work on commission, and they might not take you seriously – and neither will sellers – until you can show them a preapproval letter. Prepare Your Documents.

Mortgage 68

Mortgage Real Estate Agent Sellers Appraisal 68

The Robert Weiler Company

OCTOBER 15, 2021

As such, investors must verify the seller, financials, and property obligations (i.e., Many commercial property investors don’t realize that they also have the opportunity to request that the due diligence period begins after the seller provides each necessary piece of information. Skimping out of the physical inspection.

Investing 138

Investing Real Estate Tenants Investors 138

McKissock

MAY 8, 2022

There are usually too many cooks in the kitchen when you’ve got those who handle your listings, payment transactions, as well as your legal documentation with your clientele. For buyers and sellers, this means they’ll get more bang for their buck when they save on commissions and fees typically charged by brokers, lawyers, and banks.

Real Estate 52

Real Estate Real Estate Agent Technology Agents 52

Housing Wire

DECEMBER 7, 2020

HUD and the GSEs already prohibit the seller, real estate agents, builders and developers who have a financial interest in the transaction from contributing DPA to a borrower, and these restrictions should continue. Current HUD policy defining eligible contributors to DPA should also remain in place and extend to the GSEs. Conclusions.

Law 481

Law Government Finance Mortgage 481

The Robert Weiler Company

DECEMBER 9, 2022

Commercial real estate agents are the go-between for all interactions involving the buyer and seller of a property. These professionals represent the property seller. During the negotiation process, listing agents manage communications between the seller and the potential purchaser. Buyer’s Agents.

Real Estate Agent 78

Real Estate Agent Realtors Real Estate Agents 78

Aedis Appraisals

JANUARY 12, 2018

With a long-standing history of providing intricate assessments for various legal organisations, insurance companies, and private market financiers, the top-rated real estate appraisers in Vancouver are able to complete all of the following tasks: Direct comparisons to adjacent properties and neighbouring buildings. Business loans.

Real Estate 36

Real Estate Appraisal Valuation Legal 36

Raleigh Realty

MARCH 29, 2021

Consider Property Taxes When you pay for your home, you'll need to pay other fees like property taxes and insurance. Getting pre-approved tells the seller that you're serious. It also provides documentation indicating how much house you can afford. Help comes in the form of rental vouchers and mortgage insurance.

Government 148

Government Real Estate Agent Insurance Property Taxes 148

Lamacchia Realty

DECEMBER 19, 2023

You must update your details with government bodies, service providers, banks, and insurance companies. Also, consider the logistics of transferring or finding new healthcare providers and updating legal documents like your will or power of attorney.

Transportation 57

Transportation Real Estate Logistics Legal 57

Assurance Financial

DECEMBER 20, 2021

In a traditional home sale, the seller lists the house for a price that will cover the following costs: The mortgage’s remaining costs. After taking care of the above expenses, whatever amount is left over is the seller’s profit. As a result, the seller no longer has that mortgage. Traditional Home Sale.

Mortgage 74

Mortgage Sellers Buyers Finance 74

Quicken Loans

NOVEMBER 22, 2021

It offers the chance to get into a home without a down payment and a one-time funding fee in place of mortgage insurance. No private mortgage insurance (PMI). VA loans are no exception, but the VA seller concessions policy allows the seller to pay for a larger amount of these costs then they could on many other loans.

Property Taxes 60

Property Taxes Sellers Finance Insurance 60