Lamacchia Realty

JANUARY 25, 2024

reduction in sales, leaving prospective buyers eager to make a move. As interest rates sought to stabilize following their sharp decline in 2020, both buyers and sellers had to acknowledge the end of the era of historically low pandemic-induced rates, and the beginning of higher monthly mortgage payments.

Inventory 57

Inventory Sellers Buyers Real Estate 57

Lamacchia Realty

JANUARY 30, 2024

This scarcity in inventory had the effect of keeping prices high, but there was a substantial decrease in sales, approximately 19%, leaving prospective buyers eager. This report analyzes the sales figures, average prices, the number of active listings, and listings under contract for both 2023 and 2022. Maine Sales Decreased by 18.9%

Inventory 54

Inventory Sellers Buyers Contracts 54

Appraisal Today

APRIL 26, 2024

The 7 Sale Types Explained Excerpts: An arm’s length sale – a sale in which the buyers and sellers act independently and in their own self-interest is the most common type of real estate transaction. A non-arm’s length sale in real estate is a transaction between a seller and buyer who have a connection by marriage, family, work, etc.

Appraisal 77

Appraisal Real Estate Real Estate Agent Contracts 77

GoForrmz

DECEMBER 5, 2022

The Electronic Signatures in Global and National Commerce Act, (E-Sign Act), was signed into law on June 30, 2000 , but it took until 2007 for the Federal Reserve Board to finalize and adopt the detailed rules and standards of legally binding, electronic signatures. President Clinton, 2000. What Is The E-SIGN Act? ” — U.S.

Business 78

Business Legal Law Contracts 78

Listing Spark

APRIL 2, 2021

When reviewing the standard residential contract (called a 1-4 residential contract) plus numerous addendums, it can be difficult to unpack who pays for closing costs in Texas. Closing Costs for Sellers in Texas. Title Company Fees for Sellers. Buyer and Seller will each pay an escrow fee at closing.

HOA 36

HOA Sellers Insurance Contracts 36

Listing Spark

APRIL 2, 2021

When reviewing the standard residential contract (called a 1-4 residential contract) plus numerous addendums, it can be difficult to unpack who pays for closing costs in Texas. Title Company Expenses (Seller Paid). Below are the list of fees the seller typically pays that are specific to the title company.

HOA 36

HOA Insurance Sellers Contracts 36

Will Springer Realtor

FEBRUARY 9, 2022

The affordability question is becoming more difficult to justify too, as home prices and interest rates rise amid other challenges facing buyers.“That’s Buyers with the deepest pockets may wait, however. HB 1951 would remove “Don’t Know” from the Seller Disclosure Statement that owners complete with the sale of a home.

Buyers 36

Buyers Law Inventory Development 36

Lamacchia Realty

APRIL 6, 2022

She brings years of industry experience and expertise in all aspects of the home buying & selling process as well as construction, land assessment & purchasing, negotiating contracts, and design. Buyers, sellers, investors, and builders are her business and she values every single client and loves getting people where they want to be.

Realtors 69

Realtors Realty Real Estate Agents 69

Lamacchia Realty

JANUARY 27, 2023

Then rising rates happened and sales were down compared to 2021 and 2020 as buyer affordability diminished with each point raised. Remember, at this time prices were still rising so it was a double whammy for buyers and thus the decrease in sales. Rates don’t just impact buyers- they impact sellers too as most sellers are buyers!

Inventory 63

Inventory Buyers Real Estate Sellers 63

Will Springer Realtor

OCTOBER 10, 2023

This is the season when buyers can take advantage of homeowners wishing to sell before the holidays and are showing a willingness to budge on price or make other concessions. At the same time, the number of homes going under contract (Pending sales) fell 11% (2087) for the month and 9.8% on the year. than 7.0%. “The

Buyers 64

Buyers Inventory Sellers Housing Market 64

Appraisal Today

AUGUST 25, 2023

The sellers custom built the home between 2007 and 2009, using high-end materials and finishes, including a wall of windows and 26-foot-high ceilings in the great room. The seller wanted that to be a part of the home, and he didn’t want it down in a cellar. The 900 sq.ft. Why Does MLS Availability Affect Appraisals?

Appraisal 77

Appraisal Real Estate Agent Agents Real Estate 77

Appraisal Today

JUNE 23, 2023

He designed the estate, completed in 2000, from the ground up. A home valued too low can deprive homeowners of access to their equity and limit the mobility of sellers. Later disclosure to buyers), and appraiser data (only available to GSEs and can vary between appraisers). The problem?

Appraisal 87

Appraisal Real Estate Valuation Contracts 87

Will Springer Realtor

JUNE 13, 2023

Unfortunately for buyers, both figures – prices and rates – are climbing, raising the hurdle to homeownership even higher for many. The pandemic housing market was super-charged by historically low interest rates and buyers seeking more spacious properties amid global health fears. That share from 2000–2019 was an average of 13%.

Buyers 36

Buyers Inventory Construction Finance 36

Appraisal Today

DECEMBER 2, 2022

Counseling buyers, sellers, owners, and tenants on inspections and remediations, improvements, and the appraisal process. Counseling buyers, sellers, owners, and tenants about listing and offering prices, and market rent. I got it mostly for MLS access and have only done one sale, representing the buyer.

Appraisal 81

Appraisal Agents Real Estate Real Estate Agent 81

Appraisal Today

JANUARY 12, 2024

Ignoring market conditions adjustments makes us look incompetent to buyers, sellers, lenders, Realtors, and the general public. Acre lot Built in 2000 and recently renovated, the main estate and guesthouses offer a total of 7,455 square feet of living space. The average contract interest rate for 5/1 ARMs increased to 6.17

Appraisal 68

Appraisal Contracts Mortgage Marketing 68

Housing Wire

OCTOBER 9, 2023

How getting a real estate license in Illinois is different from other states While most states call the professional who represents a buyer or a seller of commercial or residential real estate a “real estate agent,” Illinois calls this individual a “real estate broker.” Candidate Handbook” [link] Chicago Real Estate Institute.

Real Estate Agent 387

Real Estate Agent Real Estate Agents Brokerage 387

Appraisal Today

JULY 29, 2022

Spiking housing supply & fewer buyers. But is it because sellers are rushing to list their homes? 1) The spike in housing supply is NOT due to sellers: In a short period of time, we went from having three weeks of supply in the Sacramento region to ten weeks. This is actually about fewer buyers getting into contract.

Real Estate Agent 52

Real Estate Agent Real Estate Appraisal Agents 52

Will Springer Realtor

DECEMBER 14, 2021

Buyers will continue to outstrip sellers by a significant margin but less extreme than in 2021. Buyers are seeing rates inch higher – currently at about 3.25% in Seattle/King County for a typical 30-year mortgage (rates vary based on an applicant’s circumstances). That was the average national figure in 2000.).

Real Estate 69

Real Estate Buyers Construction Sellers 69

Appraisal Today

JULY 22, 2022

She felt that the space, and all of its accoutrements, was too much to spring on unsuspecting buyers without warning. Buyers take power from sellers. Excerpt:1) More buyers are getting info contract below list. Buyers can now actually get an offer accepted and take more time to shop too. It’s their turn.

Appraisal 52

Appraisal Contracts Buyers Design 52

Appraisal Today

SEPTEMBER 1, 2023

Examples of verification sources include, but are not limited to, the buyer, seller, listing agent, selling agent, and closing documents in certain situations. Hubel explains: “I’m assuming the hot water heater just had a leak, so [the seller] cut out the subfloor and then never replaced it before listing it.” percent from 7.27

Appraisal 79

Appraisal Contracts Mortgage Real Estate 79

Houston Properties

JANUARY 12, 2022

Why We're Fearful: Buyer & Seller Mistakes. I’m A Buyer. Why We’re Fearful: Buyer & Seller Mistakes. "A The root causes of buyers overpaying are similar: Using an inexperienced agent (one with less than 6 transactions in total). Get PDF Now. Table of Contents. Should I Panic?

Real Estate 36

Real Estate Marketing Real Estate Agent Realtors 36

Appraisal Today

OCTOBER 27, 2023

Nearly one-third of prospective buyers (32%) say the same if the home were in their desired location. Speaking of surprises, a recent Zillow analysis finds most states don’t require sellers to disclose paranormal activity in the home they’re selling. percent – the highest since 2000. percent from 7.70 percent from 7.56

Property Appraisal 72

Property Appraisal Appraisal Business Contracts 72

Will Springer Realtor

NOVEMBER 10, 2023

Knowingly or not, associations can discriminate against potential home buyers by enforcing a community’s established rules that have the potential to limit people of certain classifications from purchasing a property. It’s working well for both builders and buyers. Buyers must qualify for the mortgage at the highest rate in the offer.

HOA 36

HOA Buyers Law Supply Chain 36

Hood Homes Blog

MAY 2, 2018

At the end of the day, your seller does not care about your petty squabble with Zillow. They want their home where the buyers are. The buyers are on Zillow. Everyone looking for a home between 1500-2000 square feet are not going to see yours. Meanwhile, the benefits of buying a foreclosure are immense for your buyer.

Realtors 36

Realtors Advertising Agents Real Estate 36

Will Springer Realtor

JULY 9, 2021

In addition to “more space,” prospective buyers were on the hunt for a quiet location (28%) and updated kitchen (25%), as the chart notes. I am often asked by sellers what home projects should they address to get the highest return on investment. were flipped in Q1, the lowest level since 2000, according to ATTOM.

Buyers 36

Buyers Development Transportation Inventory 36

Housing Wire

AUGUST 23, 2022

This is below the recession levels of 2000 and back to 1996 levels. The housing construction cycle is over, but the builders will finish their homes under contract and hope rates will fall soon to lock up buyers. After all, sales levels are already low historically for new homes. months and above.

Construction 370

Construction Housing Market Sellers Marketing 370

Will Springer Realtor

JULY 13, 2023

. >> There were 1.25M mortgages created in Q1 – conventional, refinanced and home-equity loans combined – marking the eighth consecutive quarterly decline and lowest reading since Q4 of 2000, according to ATTOM. Home prices continued to confound buyers by climbing toward record highs as summer began. baths , 1820 sq. of waterfront.

Construction 36

Construction Supply Chain Real Estate Development 36