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GSEs will not count buyer agent commissions as IPCs

Housing Wire

The GSEs noted that this guidance was not an update to their selling guides but a clarification on the treatment of seller-paid real estate agent fees. The Community Home Lenders Association (CHLA) expressed support for the GSEs’ announcement. NAR has also reached out to the U.S.

Buyers 529
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Fannie Mae Selling Guide updates include qualifying income, self-employment history changes

Housing Wire

Fannie Mae on Wednesday released its October 2023 update to its Selling Guide, aiming to reflect changes in the mortgage industry, its surrounding regulatory environment and Fannie Mae policy positions. For self-employment income, the Selling Guide has changed the tenure of qualifying history. “We

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Many homebuyers lack knowledge about agent compensation: Redfin 

Housing Wire

homeowners and renters, and it focused on the roughly 120 respondents who indicated they bought a home in the last year and used an agent. Historically, commissions in real estate transactions have been negotiable, with the customary practice involving the home seller bearing the expenses for both the listing agent and the buyer’s agent.

Agents 382
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Real estate appraisals: What agents should know

Housing Wire

You’ve found a house for your buyer or a buyer for the home you’re selling. A home inspection hasn’t yielded any problems, so nothing is standing in the way of closing, right? Appraisals are required for homes financed with any type of mortgage. The outside of a home tells the tale of maintenance or neglect.

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Houston Home Sellers Series Guide #1: Insider Tips On Decluttering To Sell Your Home

Houston Properties

Houston Home Sellers Series Guide #1: Insider Tips On Decluttering To Sell Your Home. Thinking about selling your Houston home? Houston Properties Team listings sell for 7.2% Houston Properties Team listings sell for 7.2% HOUSTON HOME SELLERS GUIDE SERIES. more and for 4.3%

Sellers 68
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2024 is not the year to cut corners on staging — here’s why

Housing Wire

When it comes to home staging, there are two homeowner camps: those who think it’s a waste of money and don’t want to pay more to make their home more attractive to buyers and those who realize the worth and are willing to make the investment needed. In fact, this year I’d argue we need to take it a step further.

Realtors 427
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The influencer’s edge: Thriving in real estate during times of change

Housing Wire

The key is to stay laser-focused on what you do best: selling homes and providing stellar financial advice. Your clients need a guide, and you are poised to be that guiding light. Here’s how: For real estate agents: Script : “While the industry is evolving, my commitment to finding your dream home remains steadfast.